Friday, February 7, 2025
3.2 C
London
HomeBankingCaixaBank Unveils €5 Billion Technology Investment in Strategic Plan

CaixaBank Unveils €5 Billion Technology Investment in Strategic Plan

Date:

Paysafe Explores Potential Sale Amid Market Challenges

Could a Strategic Sale Turnaround Be on the Horizon...

Adviser Software and Intergen Data Reveal DeepSeek’s Key Risks

A Comprehensive Analysis of Risks Faced by DeepSeek in...

Gemini Explores Potential IPO Opportunities Amid Market Changes

A Deep Dive into Gemini's Strategies for an Initial...
  • Spain’s CaixaBank has launched its 2025–2027 strategic plan, committing over €5 billion to technology investments to enhance digital competitiveness.
  • The plan prioritizes business growth, sustainability, and digital transformation, including expanding the generative AI initiative GalaxIA.
  • CaixaBank plans to recruit 3,000 young professionals, focusing on technical roles, and grow its Imagin digital platform, currently serving 3.5 million users, with new product offerings.
  • Sustainability remains central, with the bank aiming to mobilize €100 billion in sustainable finance, focusing on green products, energy solutions, and collaborations with electric vehicle makers.
  • Backed by strong financial performance, CaixaBank targets a return on tangible equity (ROTE) above 16% by 2027. CEO Gonzalo Gortázar highlights goals to enhance service quality, technological capabilities, and workforce development.

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories