CajaMadrid was a prominent savings bank in Spain, established in 1702. It played a significant role in the financial landscape of the country, providing various banking services to individuals and businesses. Over the years, it expanded its operations and became one of the largest savings banks in Spain. In 2010, CajaMadrid merged with other savings banks to form Bankia, a larger financial institution aimed at improving efficiency and competitiveness. This merger was part of a broader trend in the Spanish banking sector, where many smaller banks combined to better navigate economic challenges.