Cecabank grew across all its business lines in 2025 and strengthened its leadership in post-trade, accelerating its technological transformation and international positioning
The bank is consolidating its position as a key infrastructure of the financial system, generating synergies, scale, and cost efficiency
The bank finished a key year in its Strategic Plan and exceeded €98 million in net profit in 2025, maintaining one of the highest solvency ratios in the Spanish financial sector (CET1 52.63%)
Cecabank, the best custodian bank in Spain ten years running
Cecabank, a leading depositary bank in the Iberian market and a leading B2B provider of securities, treasury and payment services, closed out 2025, a key year for its strategic consolidation. It reinforced its position as a leading independent infrastructure for the post-trade industry, advanced its international deployment and recorded significant growth in all its lines of business, all within a demanding economic and regulatory environment.
These activities are complemented by Cecabank's main differentiating value: Highly specialised knowledge built over the course of more than a decade, operational experience covering the entire post-trade chain, and comprehensive support capabilities (regulatory, operational, and business areas), generating efficiencies and economies of scale. All this while maintaining a neutral model and the strategic decision of not competing with its customers.
Cecabank, a solid business model with growth potential
The area of Securities Services once again became the main driver of activity and reached new highs at the end of 2025: more than €285.7 billion in deposited assets and €398.8 billion in assets under custody. These figures cement Cecabank’s position as the largest independent national depositary – serving more than 50 management companies for collective investment schemes, pension funds, EPSVs and venture capital firms – and as one of Europe’s leading providers of custody and settlement services, supporting more than 135 institutions.
This growth was accompanied by a decisive strategic advance: The opening of a new branch in Luxembourg, adding to the operations in Lisbon since 2018 and the offices in London and Frankfurt. This international expansion strengthens the bank's ability to offer cross-border services to UCITS and AIFMD vehicles in one of Europe's key financial centres.
At the same time, it obtained the MiCA licence, becoming the first institutional B2B custodian registered in Spain to provide custody and order-routing services for crypto-assets. This milestone positions the bank at the forefront of the convergence between regulation, technology and institutional management, expanding its value proposition for managers, insurers, credit institutions and other actors in the financial ecosystem.
The surge in activity was also reflected in the evolution of the Treasury department, where Cecabank makes the resources of its clients profitable within a prudent risk framework and offers intermediation services in foreign exchange, fixed income and equities. The area strengthened its role in national and international markets and launched its securities lending service in an agency capacity. In 2025, Cecabank participated in the first fully domestic operation of agency securities lending In Spain, a milestone that marks a decisive step forward in the development of a specialised local model, aligned with international best practices in collateral management and operational efficiency.
In the field of Payments, Cecabank reinforced its role as critical infrastructure for the sector, expanding capabilities and diversifying solutions to offer safer, more efficient and cross-border payments. It also facilitated the settlement of payments to clients who are not members of the Spanish and European clearing houses. With a presence in more than ten countries and more than 300 clients, Cecabank recorded a total transaction volume exceeding €2.42 billion, of which more than €1.859 billion correspond to cards and €189 million to client-to-client Bizum transactions.
What's more, the bank has continued to develop its technology master plan, aimed at strengthening cybersecurity, operational resilience and the deployment of next-generation apps. Initiatives were developed aimed at offering more innovative services, optimising critical infrastructure and strengthening the technological base that supports the main lines of business. This technological boost is an essential pillar of its consolidation and growth strategy.
Cecabank strengthens its financial stability in the first year of its 2025-2027 Strategic Plan
The bank obtained a net profit of €98.4 million in 2025, 13.5% more than in 2024. These results come in the first year of implementation of the 2025-2027 Strategic Plan, designed to consolidate the entity's growth, strengthen its independent business model and capture new opportunities in a financial market undergoing a transformation process.
Growth in both net interest income and fees has been driven by the positive performance of all lines of the Securities Services business and for the solid performance of the Treasury and Payments businesses, within the framework of the technological strategy and the diversification of income.
This development in net interest income and fees increased the gross margin to €416.3 million.
As for operating expenses, general administrative expenses mainly responded to the start-up of new businesses, the increase in technological requirements and the implementation of initiatives aimed at strengthening the bank's operational and technological resilience, in line with the strategic priorities of the 2025-2027 Plan.
Once amortisations, as well as provisions, impairment and write-offs were taken into account, Cecabank closed 2025 with a solid evolution of its ordinary activity, confirming the strength of its business model and its ability to generate sustainable growth.
Cecabank also maintains one of the highest solvency ratios in the Spanish financial sector, with a CET1 of 52.63%, well above regulatory requirements, reflecting a solid balance sheet and prudent risk management, which reinforces the strength of its business model and its ability to continue supporting its customers in the long term.
Cecabank, Spain's best custodian bank for the tenth consecutive year
In 2026, specialised magazine Global Banking and Finance Review once again recognised Cecabank as the Best Custodian Bank in Spain, an award it has received for the ten years in a row. This recognition, one of the most valued in the international field of post-trade services, reaffirms Cecabank's leadership in the industry and the trust that clients place in its independent business model.
The award highlights the bank's high degree of specialisation in Securities Services, its ability to offer advanced deposit, custody and settlement solutions, as well as its structurally high solvency, which places the entity among the most robust in the Spanish financial system. This track record of excellence reflects a sustained commitment to quality of service, operational efficiency, and innovation in supporting financial institutions.
