Banks to start charging you DOUBLE to use hole in the wall machines

Not content with whacking a charge on ATM machines everytime you withdraw cash, Caixabank has now announced a second €2 which will be applied at their end. And other Spanish banks admit they are mulling the charge over. So if you use a Caixabank card to withdraw cash from any hole in the wall, you get charged €2. And if the hole in the wall machine doesn’t belong to Caixabank, you get another charge from Continue reading Banks to start charging you DOUBLE to use hole in the wall machines

The state of the Andalucian banking sector

The recent waves of bank closures in Andalucia got me thinking about the state of the banking sector in the region. Under Manuel Chaves during the boom years, the Junta did all it could to allow the rapid growth of credit institutions in the region. In 2006 the region could boast of being the home of : 5 savings banks (cajas de ahorros) (Unicaja, Cajasol, Cajasur, CajaGranada & Caja de Jaén) 1 bank (Banco de Continue reading The state of the Andalucian banking sector