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P.

101

Cecabank Report 2018

Our business model

Finally, among the main results obtained in the Bonds Platform, which has

been operational in Cecabank's online banking since July 2018, the volume of

operations carried out in the friends and family environment has increased

threefold.

Currently, firm price quotations are provided for over 1,300 bonds, including

national and international equity and fixed-income and in different currencies.

Technological Outsourcing

Currently, Cecabank has an infrastructure ready for the technological

outsourcing of financial institutions. As a result, the bank complies with

banking regulations and has a platform designed to reach the most

demanding levels of availability and security.

Cecabank stands out for having proven technological knowledge, experience

and skills through 20 years of relevant outsourcing projects for financial

institutions and insurance companies, payment method networks and

fintechs. As a wholesale bank, it supplements the technological services

that it provides with financial services in the areas of payments, treasury

management, Securities Services and digital solutions.

The most significant initiatives carried out in 2018 in this technological

outsourcing infrastructure were as follows:

Implementation and launching of the SWIFT Access Securization Platform

service for Ibercaja, Liberbank, Caixa Ontinyent and Caixa Pollensa

Commencement of outsourcing services for the technological

infrastructure of the Volkswagen Financial Services banking business

Contract closure of outsourcing services for the technological

infrastructure of the Eurocaja Rural main banking business

The RFP for technological outsourcing of AllFunds Banks activity was won

together with IBM

In addition, the platform has been

adapted from a regulatory point

of view, complying with all

MiFID II ramifications

In 2018 the technological

outsourcing of AllFunds Banks

activity stands out

4 | 4.2