Cajastur
Encyclopedia
The Caja de Ahorros de Asturias (Cajastur) is a savings and loan association
Savings and loan association
A savings and loan association , also known as a thrift, is a financial institution that specializes in accepting savings deposits and making mortgage and other loans...

 of the Principality of Asturias. Caja de Ahorros de Asturias is the trade name of the enterprise while Cajastur is the commercial brand name it commonly uses.

Its activities concentrate on retail banking, focusing primarily on the economic necessitiess of regional households, local corporations as well as small and medium sized enterprises.

History

The origins of the bank date back to 1880 when the Monte de Piedad y Caja de Ahorros de Oviedo was founded. It became the Caja de Ahorros de Asturias in 1946 after a merger with the Caja de Ahorros y Monte de Piedad Municipal de Gijón.

Presently Cajastur has around 200 offices in Asturias and some 40 outside the Principality
Principality
A principality is a monarchical feudatory or sovereign state, ruled or reigned over by a monarch with the title of prince or princess, or by a monarch with another title within the generic use of the term prince....

. It controles the asturian telecommunications enterprise Telecable.
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