The institution begins 2026 with more than €285 billion in assets on deposit and €400 billion in assets under custody, consolidating its position as the largest independent national depositary
The bank leads the Iberian Securities Services market and is expanding in Luxembourg with the onboarding of its first clients
Cecabank, the first B2B custodian bank to obtain the MiCA licence in Spain, is positioning itself as a benchmark in digital asset custody with the highest standards of security and compliance
With the entry into force of the regulation allowing securities lending for collective investment undertakings, Cecabank supports management companies by integrating this activity into a secure, efficient infrastructure backed by the highest levels of compliance.
Cecabank, a leading custodian bank in Securities Services in Spain and Portugal, begins 2026 with its strongest business figures related to depositary activities for savings and investment vehicles and the settlement and custody of securities.
In the field of depositary services, Cecabank strengthens its position as a leading depositary bank in the Iberian market, providing services to 46 management companies of collective investment undertakings, pension funds, EPSVs and private equity entities. The volume of assets on deposit amounts to more than €285 billion, distributed across some 1,000 investment vehicles.
As for the total volume of assets under custody, Cecabank now exceeds €400 billion, managed for more than 100 financial institutions and distributed across more than 70 international markets. This activity is underpinned by robust and highly specialised processes that ensure the highest quality, security and rigour in the service provided to all its clients.
With these figures, Cecabank maintains its leading position in Securities Services as the largest independent national depositary and the leading national provider of settlement and custody services, also offering the assurance of non-competition with its clients.
Crypto-assets, expansion and securities lending: key drivers of Cecabank’s leadership in 2025
Throughout 2025, and thanks to its established strength as a leading custodian bank, Cecabank has grown in this line of business as a trusted provider, offering its clients all the services they require to meet new needs.
In an environment shaped by decisive transformation drivers — such as the implementation of the MiCA framework for crypto-assets, the operational transition to T+1 and the growing digitisation of post-trading — Cecabank has once again positioned itself at the forefront of the sector. The institution has demonstrated its ability to anticipate regulatory, technological and operational changes, acting as a core infrastructure of the financial system, capable of generating synergies, driving economies of scale and reducing costs for market participants.
In 2025, Cecabank consolidated a decisive milestone in its digital assets leadership strategy by obtaining the MiCA licence granted by the CNMV and being officially registered with ESMA as a regulated provider. This recognition positioned it as the first B2B custodian bank in Spain authorised under the new European crypto-assets framework, enabling it to offer custody, reception and transmission of orders and transfer of crypto-assets services to institutional clients in an environment that guarantees the highest legal, operational and regulatory compliance standards.
Following this milestone, Cecabank strengthened its position as an institutional benchmark in post-trading and marked a turning point in the provision of digital asset services in Spain. Its infrastructure — secure, regulated and fully integrated — allows banks and financial institutions to access crypto services with the same level of excellence as traditional financial assets, without the need to develop their own technology.
Likewise, in 2025 Cecabank took a decisive step in its internationalisation strategy with the opening of its branch in Luxembourg, one of Europe’s most important financial centres. From the Grand Duchy, the institution is expanding its Securities Services activity, offering depositary, custody and settlement services for vehicles regulated under the UCITS and AIFMD Directives, consolidating its position as a neutral, independent and highly solvent provider for institutional clients.
The branch has gained notable recognition within the Luxembourg financial ecosystem by joining the Board of Directors of the ABBL (Luxembourg Bankers’ Association) and chairing its Depositary Cluster. This milestone reflects Cecabank’s growing relevance in the country and strengthens its capacity to offer specialised solutions — including traditional and alternative funds — in a highly sophisticated and regulated market.
Moreover, last year Spain took a historic step by enabling securities lending for collective investment undertakings for the first time through Order ECM/1155/2025, a long-awaited measure that brought the Spanish market into line with the main European financial centres. Cecabank welcomed this approval, highlighting its importance for improving the competitiveness of Spanish funds and supporting the attraction of international investors, while also underlining that this activity opens up new opportunities for the asset management industry.
In this new regulatory environment, Cecabank has strengthened its role as a leading depositary bank, supporting management companies in the implementation and adoption of securities lending. The institution has integrated securities lending and repo-type transactions into its clearing, settlement and custody service offering, providing management companies with a secure, specialised infrastructure that is fully aligned with regulatory requirements.
