Banca March: the only banking institution in Spain that is 100% family-owned.
Banca March was founded in 1926 in Palma de Mallorca (Balearic Islands), Spain, by Mr. Juan March Ordinas and today, it is still entirely controlled by the March family.
After many years centered in the Balearic Islands (where soon became the leading bank), today Banca March has: 231 offices all over Spain 2 offices abroad (London and Luxembourg) 1,294 employees
Banca March structure revolves around two main activities: banking and investment in industrial holdings.
Banca March, which heads the group, carries out the banking activities specializing in Wealth Management, Private Banking and Corporate Banking, with a particular focus on entrepreneurs and family-owned businesses as well as on the medium-high to high-income clients.
It stands out for its excellent financial ratios, supported by a model based on rigor and prudence and has obtained external recognitions from different international publications as the Best Private Bank in Spain in 2010, 2011 y 2012.
Banca March solvency ratio is one of the highest in the world, with a core capital of more than double the average of the Spanish banking sector and the highest ratio in Europe, as stated by the European Banking Authority (EBA) stress test in 2010 and 2011.
As a family-owned bank, the management criteria have always been long-term, resulting in a limited debt ratio and a credit policy that has delivered much lower NPL ratios than their competitors.
Asset Management Banca March has a long tradition in the area of asset management. Its commitment is to set up a long-lasting and trustworthy relationship with the customer, based on professionalism and the quality of the service provided. The objective is to help its customers as regards the preservation, growth and transmission of their assets for the next generations.
Corporate Banking As a family business that has been operating for almost one century, Banca March is particularly identified with family businesses, which it fully understands, as it recognizes and shares its requirements.
Its financing capacity, accumulated experience and the continuous contact with the customer, enable an efficient integral service.
March Gestión De Fondos, is the management company for collective investment institutions of the Group.
The objective of the professionals of this company is the creation of long-term value and the protection of customer assets. Between the end of 2008 and the end of 2011, the growth of the assets managed by March Gestión exceeded 51% compared to a fall of 24% in the sector, and the number of participants grew by 40% compared to a drop of 18% in the fund management sector overall.
March JLT, is a leading organization in Risk Consultancy and Insurance Brokerage in Spain. Founded in 1939, 75% is owned by Banca March and 25% by the Jardine Lloyd Thomson Group, the 4th insurance broker in the world, present in 138 countries.
With a team of more than 100 professionals, the insurance broker manages premiums of more than €400 million annually. Its size and the technical capacity of its teams enable it to offer comprehensive assessment for its customers to protect their balance sheet and the profit and loss account of their companies.
Spain Headquarters Avda. Alexandre Roselló, 8. 07002 Palma de Mallorca, Spain. +34 971 779 111 (International calls) 901 111 000 (National calls)
231 offices in: Balearic Islands Madrid Catalonia Valencia Canary Islands Aragon Basque Country La Rioja
LUXEMBOURG 26, Boulevard Royal L-2449 Luxembourg
LONDON 30 EastCheap London EC3M 1HD +44 20 7220 7488 (International calls) 020 7220 7488 (National calls)