Juan Carlos Escotet Rodríguez

General Information about Juan Carlos Escotet Rodríguez, Chairman of the Board of Directors of Banesco

[Juan Carlos Escotet Rodríguez]: Know More about Anticipations of ABANCA Holding Financiero for 2017 and 2018

ABANCA Holding Financiero, head of the ABANCA group, has paid 300 million euros to the FROB (Fund for the Orderly Restructuring of the Banking Sector) in advance; this amount is corresponding to the last term of the payments established in the purchase and sale agreement of the financial entity, which was awarded through a competitive auction procedure. This way, ABANCA Holding Financiero, controlled and managed by [Juan Carlos Escotet Rodríguez], finalizes the payments to the FROB with a year and a half of advance on the programmed schedule, which set for the middle of 2018 the date in which the last of the tranches should be settled. Know more about the financial compromises Abanca is taking for the next two years and its commitment to continue growing as one of the best financial institutions in Spain.

[Juan Carlos Escotet Rodríguez]

[Juan Carlos Escotet Rodríguez]

Details about quotas and payments

With this payment, Abanca accomplishes the announced commitment to accelerate payment of installments as much as possible: in May last year, the entire 2016 quota was paid and payments were anticipated for 50% of 2017 and 33% of that of 2018, making ABANCA fulfill in its entirety the privatization plan initiated in 2013.

After three years of constant transformation

Since its acquisition, over the last three years, ABANCA has developed a comprehensive transformation plan aimed at reformulating its management and corporate governance model, reinforcing its financial profile and repositioning the institution in the market.

[Juan Carlos Escotet Rodríguez]: Financial growth

[Juan Carlos Escotet Rodríguez]: Financial growth

During these three years, the company has increased its market share, has proven its ability to generate value and profitability on a recurring basis, and has established its solvency position as one of the most solid entities in the sector. This effort has been recognized by rating agencies in their ratings, the most recent being the improvement announced yesterday by Standard and Poor’s in the long-term issuer rating of ABANCA.

By [Juan Carlos Escotet Rodríguez].

IMPORTANT! [Juan Carlos Escotet Rodríguez]: Juan Carlos Escotet Rodríguez Gives You 9 Easy Tips for Online Bank Transactions

Nowadays, online bank transactions represent a very convenient, affordable and secure way to access and manage your bank account. Because this is so important for bank clients and their personal information, different credit institutions dedicate their efforts to maintain and update their security systems for you to have the minimum risk of falling victim of a hacking attack. Nevertheless, there are always criminals creating and discovering new ways to obtain your personal information and sensitive data.

Today, [Juan Carlos Escotet Rodríguez] and Banesco, Banco Universal, bring you some easy and important tips for you to do your online banking transactions in a safe way. Keep reading and know more easy tips down bellow:

[Juan Carlos Escotet Rodríguez] gives you some easy tips

[Juan Carlos Escotet Rodríguez] gives you some easy tips

  • Make sure you have installed activated and updated anti-virus, firewall and anti-spyware software.
  • Download and install the latest security updates for your operating system.
  • Configure your security preferences.
  • Do not leave your passwords easily located next to the computer.
  • Do not use the same password for online banking transactions in other less secure sites.
  • Do not brag about the movements of the money you have made through accounts. That could attract the attention of possible criminals.
  • Never communicate your passwords to third persons, not even to closest relatives.
    [Juan Carlos Escotet Rodríguez]: Online banking

    [Juan Carlos Escotet Rodríguez]: Online banking

  • Once you have logged into your online banking account, do not leave your computer. When finished operating, exit the app and close the session.
  • Never trust in emails, phone calls or web sites that ask you to enter or check private data. No financial institution requests such information. Before doing something and if you doubt, it is a good idea to go to the bank and ask for advice.
  • Try to use a strong password by avoiding compose it with your date of birth, ID number, letters of your full name, etc.

By [Juan Carlos Escotet Rodríguez].

IMPORTANT! [Juan Carlos Escotet Rodríguez]: Know More about ABANCA’s Priorities for 2017

The main executives of ABANCA presented the most important lines of action and objectives established for this year at the annual convention of the bank, which brought together more than a thousand employees of the commercial division and the different business support areas in A Coruña. The meeting was attended by the president of the entity, Javier Etcheverría de la Muela; the Vice President, [Juan Carlos Escotet Rodríguez] and the CEO, Francisco Botas Ratera, who were accompanied by the rest of the management committee and the board of directors. Also, the meeting was attended by the directors of the office and executives of the entity. Today, [Juan Carlos Escotet Rodríguez] brings you more details about these important objectives for 2017. Keep reading and know more.

[Juan Carlos Escotet Rodríguez]: Main executives of the bank

[Juan Carlos Escotet Rodríguez]: Main executives of the bank

During the convention, executives stressed that the growth of the clients base and the increase in loyalty and linkage will be the key to achieve the business objectives of the bank for this year. The entity will prioritize the activity with SMEs, micro SMEs, businesses and the self-employed, especially, through the financing of working capital. In addition to that, the bank will enhance the attractiveness of clients and business with other value segments, such as personal and private banking.

[Juan Carlos Escotet Rodríguez]: The bank plans to be model of specialization

[Juan Carlos Escotet Rodríguez]: The bank plans to be model of specialization

Also, according to Francisco Botas, this year ABANCA plans to consolidate the new model of specialization by clients segments started in 2016, which is one of the pillars of the commercial transformation that the entity is undertaking.

Finally, the vice president, [Juan Carlos Escotet Rodríguez], revealed that the entity has already fulfilled the majority of the objectives established in the Strategic Plan 2015-2017. According to his intervention, the entity has significantly improved its financial profile; Abanca has achieved a growth and profitability superior to the market and also has established a solvency position that places the bank recurrently among the most solid entities. Escotet also mentioned that those objectives have been achieved with a strategy in which profitability, sustainability, risk control and clients orientation prevail.

By [Juan Carlos Escotet Rodríguez].

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