What is "kutxabank"

Kutxabank is a bank based in the Basque Autonomous Community of Spain. It was officially founded on 1 January 2012 out of the merger of three Basque financial institutions operating on their respective provinces: Bilbao Bizkaia Kutxa (BBK), Gipuzkoa Donostia Kutxa (Kutxa), and Caja Vital Kutxa (Vital).

Required by the Spanish Government's deadline, all three institutions ceased to exist as savings banks after a long period of internal deliberation and integration.