Bankia, S.A. is the name of the financial institution born from the integration of the seven savings banks (Cajas) that preceded it.Since 1 January 2011 Bankia, S.A. belongs to the Banco Financiero y de Ahorros Group and is, in turn, the parent company of its own group (the Bankia Group) whose scope of consolidation at 31 December 2011 included 385 subsidiaries, associates and jointly-owned entities engaged in diverse businesses, such as insurance, asset management, lending, services, development and management of property assets, and other activities.
