Banca March is Spain’s leading family-owned bank, set up in 1926 by Mr. Juan March Ordinas, in Palma de Mallorca. Currently, Banca March is strengthening its strategic business model, mainly centred on Private Banking, Large Companies and Asset Banking, and is highly focalized on family businesses and business-owning families, as well as on high incomes.

Grupo March maintains a structure that is based on two main activities:

Banking activity

Through Banca March and its inter-related companies: March Gestión de Fondos (Fund Management), March Gestión de Pensiones (Pension Fund Management), March Vida de Seguros y Reaseguros (Insurance and Reinsurance), March JLT Correduría de Seguros (Insurance Brokerage), Consulnor, 360º Corporate and Inversis.

Investing activity

Through Corporación Financiera Alba, where Banca March is main shareholder. It holds shares in listed companies, such as ACS, Acerinox, Prosegur, Clínica Baviera, Indra, Ebro Foods and Antevenio.

Corporación Financiera Alba is also reference shareholder at Sociedad Capital Riesgo Deyá Capital, with which it holds shares in non-listed companies.

Among these, the most outstanding are:

• ACS: leading service and construction company in Spain, with an outstanding presence in the infrastructure and energy sectors. Alba is main shareholder in ACS.
• Acerinox: one of the leading companies at world-wide level in stainless steel manufacture, with production plants in Spain, United States, South Africa and Malaysia. Alba is main shareholder in Acerinox.