In Spain, an institutional protection system (IPS; Spanish: sistema institucional de protección, SIP) is a grouping of financial institutions ( banks and savings banks) in which solvency risks and profits are shared between members while each member retains its separate legal identity. IPSs were introduced in 2010 to allow savings banks (cajas de ahorro) to group together for solvency purposes without formally merging. A similar system is used in France by Groupe BPCE (and formerly by Groupe Banque Populaire and Groupe Caisse d'Épargne, the predecessors of Groupe BPCE).
Name | Type | Total risk-weighted assets |
Total regulatory capital |
Tier 1 capital |
FROB capital |
Notes |
---|---|---|---|---|---|---|
Grupo Santander | Bank | 562,616 | 80,720 | 56,005 | ||
Grupo BBVA | Bank | 290,062 | 39,440 | 27,255 | ||
Júpiter | Caja (IPS) | 223,066 | 25,292 | 19,244 | 4,465 | [note 1] |
La Caixa | Caja | 162,979 | 19,131 | 16,800 | [note 2] | |
Banco Popular | Bank | 92,571 | 8,891 | 8,457 | ||
Base | Caja (IPS) | 86,534 | 10,896 | 8,087 | 1,493 | [note 3] |
Breogán | Caja | 58,516 | 7,132 | 5,035 | 1,162 | [note 4] |
Banco Sabadell | Bank | 57,958 | 6,151 | 5,211 | [note 5] | |
Diada | Caja | 52,861 | 5,362 | 3,470 | 1,250 | [note 6] |
Mare Nostrum | Caja (IPS) | 45,858 | 6,213 | 4,129 | 916 | [note 7] |
Bankinter | Bank | 30,659 | 3,171 | 2,291 | ||
Banca Cívica | Caja (IPS) | 30,055 | 3,981 | 2,900 | [note 8] | |
Espiga | Caja | 28,881 | 3,932 | 2,475 | 525 | [note 9] |
Ibercaja | Caja | 25,291 | 3,437 | 2,369 | ||
Unicaja | Caja | 21,909 | 3,219 | 2,584 | [note 10] | |
Cajasol | Caja | 21,237 | 2,967 | 2,197 | [note 11] | |
Unnim | Caja | 19,703 | 2,421 | 1,426 | 380 | [note 12] |
BBK | Caja | 19,202 | 4,262 | 2,812 | ||
Banco Pastor | Bank | 18,713 | 2,333 | 1,974 | ||
Kutxa | Caja | 16,100 | 2,331 | 2,099 | ||
Caja3 | Caja (IPS) | 14,994 | 2,108 | 1,414 | [note 13] | |
Cajasur | Caja | 12,094 | 444 | 222 | 800 | [note 14] |
Banca March | Bank | 9,488 | 1,866 | 1,866 | ||
Banco Guipuzcoano | Bank | 7,813 | 981 | 709 | ||
Caja Vital Kutxa | Caja | 6,692 | 862 | 755 | ||
Caja Ontinyent | Caja | 688 | 85 | 61 | ||
Colonya | Caja | 183 | 26 | 18 |