Territorial
Organisation
of the Canary Islands

Origins and history

1974

The Territorial Organisation of the Canary Islands came to be when the first branch office opened in Las Palmas de Gran Canaria in March 1974.

1979

Subsequently, in 1979, Bankinter opened its first branch office in Santa Cruz de Tenerife, although initially it did not constitute a formal territorial organisation.

Over time, more branches were added in both provinces:

Gran Canaria: 5 branch offices in the capital, as well as in Telde, Vecindario and San Bartolomé de Tirajana. Other islands: Lanzarote and Fuerteventura. Tenerife: 3 branches offices in the capital, 1 in the south and 2 in the north (San Cristóbal de La Laguna and Puerto de la Cruz). In 1998, the two provincial organisations (Las Palmas and Santa Cruz de Tenerife) were unified to form the Canary Islands Organisation, covering both provinces.

Reason for creation: to address business needs, promote growth, and manage shares in strategic companies. Innovations such as the Agency Network, Virtual Banking and Telephone Banking (1992) marked a milestone by introducing the concept of remote banking, differentiating Bankinter in the market.

2022

The Organisation is currently led by Laura García, who has held the position since 2022.

Evolution
and changes

Adaptation to the market: Deep knowledge of customers, their needs, and the special legislation of the Canary Islands enabled us to achieve one of the largest market shares and establish ourselves as a leading bank in the region.

High-impact products: Investment funds adapted to the special tax regime of the archipelago, together with high-remuneration deposits, the Special Deposit, and mortgages.

Over the decades, the Canary Islands Organisation has evolved, adapting to the needs of the market and the region.

Organisation Managers

Sebastián Alvarado Díaz-Agero (1974–1985).

José Pérez Jiménez (1985–1995).

Juan Castaño Escudero (2014–2022).

Laura García Vera (2022–actualidad).

Featured milestones

Unification of provincial organisations (1998): consolidating the territorial structure and optimising resources.

Boost to the agency network and Virtual Banking (1992-2000): introduction of remote banking and innovative services.

Development of strategic niches: tourism, hospitality, blue economy and audiovisual sector, reinforcing the Bank's position in the region.

Current
strengths

In-depth knowledge of the local market and its strategic sectors (tourism, hospitality, blue economy, audiovisual).

Personal approach and personalised service.

Rapid response to the needs of individuals and corporate customers.

Key data

Total centres

0

Business centres

0

Employees

0

Customers

0

Future
outlook

The main challenge

Growing in market share while maintaining an agile and efficient structure.

In the next 5-10 years

The organisation is projecting a qualitative leap driven by artificial intelligence, enabling: greater operational efficiency, reinforced territorial reach, and more personalised solutions for local strategic sectors.

Territorial Organisation of the Canary Islands