Bankia is a Spanish financial institution that was founded in 2010 and is headquartered in Valencia, Spain. It is a result of the merger between seven savings banks, namely Caja Madrid, Bancaja, Caja Ávila, Caja Segovia, Caja Rioja, 'La Caja de Canarias,' and 'Caixa Laietana. ' Bankia is considered one of the largest banks in Spain.

Bankia offers a wide range of financial products and services to its customers. These include personal banking, corporate banking, private banking, investment banking, asset management, and insurance services. The bank provides various financial solutions such as savings accounts, mortgage loans, consumer loans, credit cards, investment products, and insurance policies.

On a global scale, Bankia primarily focuses on serving customers within Spain. While it does not have a significant presence outside Spain, it has been known to establish joint ventures and partnerships to expand its reach. For example, Bankia entered into a strategic partnership with French bank Crédit Agricole to develop investment services for their respective customers.

In terms of its market position, Bankia has a prominent presence in the Spanish banking sector. It ranks among the top banks in the country based on factors like assets, deposits, and loans. However, in recent years, Bankia has faced challenges and has undergone significant changes due to the financial crisis.

It was nationalized by the Spanish government in 2012 to prevent its collapse and has since been restructuring its operations. Bankia has experienced major events and changes in recent years. In 2019, the bank announced a new strategic plan focused on enhancing profitability, digital transformation, and a more customer-centric approach.

It has also divested certain non-core assets and subsidiaries as part of its restructuring process. As of the latest available information, Bankia is still active and operating in the Spanish banking industry. It continues to work towards its strategic objectives to strengthen its position and regain profitability