Laboral Kutxa is a Basque credit union. It was born in March 2012 as a result of the merging of Caja Laboral Popular Sociedad Cooperativa de Crédito (known as Caja Laboral in Spanish or Euskadiko Kutxa in Basque) and Ipar Kutxa Rural Sociedad Cooperativa de Crédito (known as Ipar Kutxa). The merging project was announced in March 2012 and completed eight months later, in September 2012, although the new company was not officially presented until April 2013. In March 2012, Caja Laboral and Ipar Kutxa announced the beginning of formal conversations to its merging. They aimed to "strengthen a financial institution of social economy, that would provide services in its current market based on an alternative model to the one resulting in Spain as a result of the banking process of credit unions". The merged company would be the first credit union and the third largest financial institution in the Basque Country (after Kutxabank and BBVA). It would also make the second biggest credit union in Spain, with 750,000 clients in the Basque Country, 110,000 in Navarre and more than 1,300,000 total. The merging was a gradual process. Between March and November 2012 all operations between companies were made free of charge for clients, IT services became one and older workers were offered early retirement. The merging was completed the first of November but resulting union kept the name Caja Laboral – Euskadiko Kutxa until June 2013, when it announced its new brand, Laboral Kutxa. More information...
According to PR-model, laboralkutxa.com is ranked 212,263rd in multilingual Wikipedia, in particular this website is ranked 22,542nd in Spanish Wikipedia.
The website is placed before docomomo.org.br and after destinationtunisie.info in the BestRef global ranking of the most important sources of Wikipedia.
