Victorio Valle Sánchez

Fundación de las Cajas de Ahorros (FUNCAS) is an independent Spanish research firm which was founded in 1980. Headquartered in Madrid, the firm is dedicated to economic and social research and its dissemination, promoting interaction between the academic sphere and the real economy. FUNCAS is responsible for monitoring of the Spanish economic situation at the national, regional and European level and the short-term forecasts of the macroeconomic aggregates and the main indicators.

Confederación Española de Cajas de Ahorros SA provides consulting and support services to savings banks. It operates as an association of 45 savings banks. The company provides risk management and financial services, such as discount centers, securities, fund depository, and cash departments, centralized account administration, and trading rooms. It is headquartered in Madrid, Spain.