The lived financial and economic big transformations in Spain in recent years would not be conceived without an actor as Cecabank. Its role, so vital as discrete in its activity early decade, it has been decisive for the balance of the financial system and the well-being of families and companies
Few projects B2B (from company to company), have a direct impact in the everyday life of million citizens as Cecabank. Provides its services to other companies instead of to the end-user, but guarantees that the saving is protected, the payments work with normality and the financial system operates with security even in stages of maximum demand.
And in Spain, that stage, from the seventies of the twentieth century up until today, has not precisely been placid. The country has faced deep transformations that have redefined its economy and its financial system. It does not be necessary revise the newspaper library, because, even without watching the calendar, the report rescues the step of a Spanish financial system strongly intervened by the State to be liberalised, integrated in Europe and the euro and currently digitised and more regulated. All of this in a complex international environment, marked by a pandemic that it has convulsed the crazy years 20, the uncertain and increasing one fly over of geopolitical cyberrisks and instability, in Europe and in close territories.
This context has raised the resilience and the stability to the category of strategic assets of the financial system. Specialised Companies as Cecabank carry out a critical role, as argamasa of the financial system. Its contribution, unnoticed for the general public, results essential so that banks, managers, insurers, public administrations and fintechs can operate with security and long term stability. Cecabank is an infrastructure that maintains the daily operation of the financial system.
This wholesale bank, entirely is pañol, has a differential stance. For its activity, exclusively B2B, does not have confluence with its clients. Rather, is a strategic member in which are supported. It is based on the competitive neutrality, the operational solvency and the technical specialisation. More than a decade after its creation, Cecabank has been consolidated as leading bank in Securities Services (offers specialised financial services) in Spain and Portugal. Its services address to credit institutions, investment fund and pension managers, insurers and other actors of the financial market, where its infrastructure has been revealed as an essential ingredient.
Main activity lines
Besides in Securities Services, its business model hones in on the payments and the treasury. This approach, together with the development of technological skills own, has allowed to Cecabank position as a robust platform, efficient and sure at the service of the set of one the system.
The market has already recognised that approach and stance with awards. For example, the company went chosen as Better Bank Guard of Spain for Overall Banking & Finance Review during ten consecutive years, a reflection of its operational and quality consistency of service.
Despite not contacting directly with them, Cecabank protects the saving of nearly ten million investment fund and pension shareholders from its agent condition of postcontracting and depositary. Guarantees a rigorous administration, independent and aligned with the most demanding standard, a work key for that the saving of citizens is good guarded, controlled and managed good with guarantees. On the other hand, Cecabank gives shimmer them that they allow that the payments work with normality and without surprises. Manages so much transactions with account (traditional, immediate, Bizum), such as payments by card.
Its infrastructure ensures that the transactions are made with security, in due time and proper form, something essential for the daily routine of families and companies major and small. And something also very significant: although it does not discuss directly with the final customer, its work results essential so that the everyday economy works with confidence and stability.
Cecabank is a quiet ally of the economic progress. Its mission is guarantee the stability of the system and accompany its transformation. Although works for other companies, the services that provides have a direct impact in the life of million people and companies. Shocks in the skills of saving, invest and pay of citizens and companies, even in contexts of uncertainty as the actual.
From Cecabank is wanted follow driving the confidence and the progress of the financial system, as a member of reference for its companies clients, and contributing to the economic and social development of the country.
