Caja Navarra

Caja Navarra

Caja de Ahorros de Navarra or Caja Navarra or CAN is a medium-sized savings bank based in the Navarra region of northern Spain with headquarters in Pamplona. The bank, in its current form, results from the merger of the Caja de Ahorros y Monte de Piedad Municipal de Pamplona (founded by the Pamplona city council in 1872) and the Caja de Ahorros de Navarra (founded by the Provincial Council of Navarre in 1921) on January 17, 2000.

Caja Navarra was one of the three banks that merged to become Banca Civica.

In Spain, savings banks or cajas are private financial institutions organized as foundations. When they were first created, their main identifying features were their concern for saving, focus on the poorer classes, concentration in a geographical area, and allocation of a significant part of their profits to social and charity projects. Today their commitment to the community continues. These savings banks devote a percentage of their resources to charity and community projects, in CAN's case 30 percent. Caja Navarra is known for its unique Civic Banking model, which it developed under current CEO Enrique Goñi.