Cajasur to Become Kutxabank on October 1, Strengthening Group's Andalusian Presence

Say goodbye to Cajasur as we know it. On October 1, it becomes Kutxabank, marking a significant change in Andalusia's financial landscape.

, and Administrator

2025 October 8 . 12:04 AM

1 min read

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Cajasur to Become Kutxabank on October 1, Strengthening Group's Andalusian Presence

As of October 1, 2023, all references to Cajasur will be understood as Kutxabank. The Spanish bank, once closely tied to Córdoba, has been part of the Kutxabank Group since 2017, following a series of mergers and acquisitions. Cajasur began its withdrawal process in 2021, but remains under the control of Kutxabank.

Cajasur's history is marked by several changes in ownership. Originally a local institution in Córdoba, it was acquired by Banco Popular in 2010. Later, in 2017, Banco Popular was taken over by Banco Santander, making it the current owner of Cajasur. Now, as of October 1, 2023, all references to Cajasur will be considered as Kutxabank.

The merger of Cajasur and Kutxabank is set to improve services for clients by enabling full interoperability within the group. This union will also strengthen Kutxabank's presence in Andalusia. In 2024, the Kutxabank Group's financial and corporate activity in Andalusia contributed 4,556 million euros, representing 2.3% of the region's GDP. In Córdoba alone, the group's activity contributed 1,781 million euros, impacting the province's GDP by 10.6%.

Cajasur's departure from Córdoba, where it has been present for 30 years, will see the Kutxabank brand take its place. Following the absorption, Kutxabank will assume all obligations and commitments of Cajasur. This process is expected to be completed operationally and technologically by the first quarter of 2026, solidifying Kutxabank's leadership in Córdoba and its status as a reference in Jaén.

The absorption of Cajasur by Kutxabank, effective October 1, 2023, brings significant changes to the financial landscape in Andalusia. With the merger complete, Kutxabank assumes Cajasur's commitments and strengthens its position in the region. The full impact of this union is expected to be seen in the first quarter of 2026.