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Banca March: The Fundamentals of a Bank Linked to Its Customers and Committed to Society
Author(s) -
Rodríguez Arrojo Rita
Publication year - 2020
Publication title -
global policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.602
H-Index - 33
eISSN - 1758-5899
pISSN - 1758-5880
DOI - 10.1111/1758-5899.12769
Subject(s) - rest (music) , family business , foundation (evidence) , business ethics , economic history , management , political science , financial system , economics , law , medicine , cardiology
Banca March’s history dates back almost a hundred years. It was founded in 1926 by Juan March Ordinas. We are the only family‐owned bank left in Spain; 100 per cent of the bank’s shares are owned by the March family. We are an unlisted bank, with a unique business model that sets us apart from the rest. Our unique approach is rooted in our business philosophy, shared growth, which has remained unchanged since our foundation. This philosophy allowed us to weather the turbulence of the 20th century and to emerge stronger than ever from the last financial crisis. Our long‐held motto is shared growth with all stakeholders.