Kutxa
The Kutxa (pronounced [ˈkutʃa]; short for Basque: Gipuzkoa Donostia Kutxa "Savings Bank of Gipuzkoa and San Sebastián") is a savings bank mainly operating within a regional scope in the Gipuzkoa province of Spain. Its Spanish name is Caja de Ahorros y Monte de Piedad de Gipuzkoa y San Sebastián but it was re-branded as Kutxa. On 1 January 2012 it merged with other Basque financial entities (a "loose merger"), Bilbao Bizkaia Kutxa (BBK) and Caja Vital Kutxa, to form Kutxabank.
Government
Kutxa, like the rest of Basque savings banks, was founded in the years following the definite loss of the charters (1876) in the middle of growing industrial development and new business opportunities. It constitutes a financial entity with entrenched roots in the social and economic fabric of Gipuzkoa, featuring an intricate system of management and internal control organs:
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