CaixaBank, a Spanish financial services company owned by the Catalan savings bank La Caixa, has launched HolaBanka, new banking business line aimed at international clients.

The new venture will provide services to international clients who have bought or rent property in Spain, residing in the country permanently or over part of the year.

The new bank will initially have 100 staffed branches specialized in international banking and high value financial guidance in Malaga (16), Alicante (16), Murcia (5), the Balearic Islands (38), Las Palmas (12) and Tenerife (13), covering 72 municipalities, the banking group said in a statement.

HolaBank will offer a portfolio of financial and non-financial products and services provided by multilingual account managers with documentation available in several languages, addressing the specific needs of the clients.

CaixaBank chief business officer Juan Antonio Alcaraz said: "HolaBank will allow CaixaBank to bolster its relationship with this group of clients, which have highly specific demands and require an innovative, comprehensive and high quality range of products and services. By stepping up our focus on this client segment we will fortify CaixaBank’s leadership in retail banking in Spain."

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