CaixaBank expands mobile office services to over 800 municipalities for enhanced financial inclusion

ESG
27/08/2024News

CaixaBank has significantly expanded its mobile office services in 2024, reaching 804 towns across Spain, a 27% increase from the previous year. This expansion is part of the bank’s ongoing commitment to ensuring financial inclusion in rural areas where access to banking services is limited.

The mobile offices, which serve approximately 340,000 residents, offer essential banking services such as cash withdrawals, deposits, and bill payments. These services are crucial for towns without local branches, allowing residents to manage their finances without having to travel long distances.

In the first half of 2024, CaixaBank extended its reach to new areas, including the provinces of León, Palencia, and Guadalajara. Currently, 24 mobile offices cover 13 provinces across six regions, including Castile-León, Castile-La Mancha, the Valencian Community, Andalusia, Madrid, and La Rioja. These offices travel an average of 32,900 miles each month, providing consistent and reliable service to the communities they visit.

To further enhance its services, CaixaBank has announced a new agreement with the Generalitat de Catalonia, adding 105 towns in Girona to its mobile office network by mid-September. This expansion will bring the total number of towns served in Catalonia to 503 by the end of 2024, with 33 mobile offices covering 1,300 towns across Spain.

CaixaBank CEO Gonzalo Gortázar emphasized the importance of these services in rural areas, particularly for the elderly, who make up 70% of the mobile office users. He highlighted the bank's commitment to being close to its customers, especially in regions where it is the only banking service provider.

This initiative is a key component of CaixaBank's strategy to prevent financial exclusion in rural areas, support local economies, and maintain a strong, personal connection with its customers. The bank's efforts align with the United Nations Sustainable Development Goals, particularly in reducing inequalities and promoting financial inclusion.

Related news & insights

SME Banking
02/04/2025News

Chime Enterprise unveils Chime Workplace, a financial wellness suite for employers and employees

Available at no cost to both employers and employees, the platform integrates Chime’s financial tools with real-time workforce financial health...

02/04/2025News

Bankinter finalizes merger of EVO Banco and Avant Money to strengthen its international presence

Bankinter has officially signed the merger of its digital banking subsidiary, EVO Banco, and its Irish division, Avant Money, into...

Digital Reinvention
01/04/2025Article

Predict, engage, transform: AI’s role in the future of banking

As financial institutions intensify their focus on customer engagement, operational efficiency, and fraud prevention, AI is reshaping the industry with...

Digital Reinvention
01/04/2025News

Revolut confirms its success in France and unveils new ambitions

Revolut continues its rapid ascent in France, surpassing 5 million customers and gaining an impressive 1 million new users in...

Digital Reinvention
01/04/2025News

Lunar launches youth banking app to empower the next generation

The new platform aims to help young users develop smart financial habits while giving parents the tools to oversee and...

Digital Reinvention
01/04/2025News

Chime introduces Chime+, a premium membership tier, alongside a redesigned app experience

Available to those who set up a qualifying direct deposit, Chime+ offers exclusive perks such as a 3.75% Annual Percentage...

Digital Reinvention
01/04/2025News

CIBC leads the way in responsible AI adoption in Canada

CIBC has become the first major Canadian bank to sign the Government of Canada’s Voluntary Code of Conduct on the...

31/03/2025Interview

At work with Greg Krasnov

Greg Krasnov is the Founder of Tonik, the first neobank in the Philippines. In a chat with Qorus’ Boris Plantier,...