Caja Navarra

The financial institution broke up in 2012 among allegations of irregularities and failure by the relevant control organ of the Government of Navarre to audit the savings bank for several years.

[1] On an yearly basis, UPN's regional Government was handed over a copy-paste, two-page long activity report by Caja Navarra, as revealed in 2014.

On accession of Miguel Sanz to regional office in Navarre (1996), the merger of both traditional savings banks took place to form Caja Navarra.

When they were created, their identifying features were their concern for saving, focus on the poorer classes, concentration in a geographical area, and allocation of a significant part of their profits to community and charity projects.

A series of decisions made during several years led to the crash of the Caja Navarra as a savings bank, and its conversion into a foundation.

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Caja Navarra