Banca March is a family-owned financial institution. From the beginning an expansion process was put in place starting with the Balearic Islands, with a clearly universalistic vocation to become the main bank taking part in the tourist development of the Islands, by targeting a leading position in the overall financial support of the Balearic tourist industry. Total assets: US$ 15.5 billion (as of December 31, 2014).
At present, Banca March is studying in depth its strategic business model mainly focusing on Wealth Management, Private and Business Banking, by paying special attention to family-owned businesses and entrepreneurial families as well as high net worth customers.
HQ: Palma de Mallorca, Spain
Founded: 1926
ID: 1260. Updated: 21.05.2015
- Head office: Avda. Alexandre Rosselló, 8 07002 Palma de Mallorca
- Phone: +34 971 779 111, 901 111 000 (Spain)
- Fax: n/a
- SWIFT: BMARES2M
- Key people: José Nieto de la Cierva (CEO)
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