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Diario PYME

Caixa Ontinyent Achieves 14 Million in Profits, Pla Barber Highlights Banking Strength

The president of the only Valencian savings bank, Josep Pla Barber, emphasizes the solidity of the Spanish banking system amidst global uncertainty.

Generic image of two hands shaking over a blurred desk with paperwork, symbolizing a financial agreement.
IA

Generic image of two hands shaking over a blurred desk with paperwork, symbolizing a financial agreement.

Caixa Ontinyent, the sole savings bank in the Valencian Community, has announced net profits of 14 million euros in 2025, a 20% increase from the previous year, while its president, Josep Pla Barber, expressed confidence in the robustness of Spanish banking amidst global uncertainty.

The president of Caixa Ontinyent, Josep Pla Barber, has expressed confidence in the resilience of the Spanish banking system to face potential economic impacts stemming from the prolonged conflict in the Middle East, particularly after recent attacks on Iran. Nevertheless, he acknowledged that the prevailing uncertainty could lead to higher price increases, a surge in inflation, and a decline in stock markets.
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"We were in a fairly stable situation, with reasonable interest rates and a reasonable inflation rate, but the uncertainty is very great and we don't know where it will go. The positive part is that Spanish banks are much stronger, with capital and liquidity cushions they didn't have in other crises. Spanish banking is very sound and possibly one of the best in Europe."

Josep Pla Barber · President of Caixa Ontinyent
During an interview on Les notícies del matí, Pla Barber presented Caixa Ontinyent's results for 2025, which show net profits of 14 million euros, a 20% increase over the previous year. This entity is the only savings bank in the Valencian Community and one of only two remaining in Spain, alongside Caixa Pollença. The capital ratio has reached 24.4%, an indicator that, according to the president, demonstrates the bank's solvency.
The entity's new strategic plan, extending until 2028, is built on three pillars. The first aims to consolidate Caixa Ontinyent as a financial benchmark in the Valencian Community, with plans to open three to four new offices in the next three years in locations such as Sagunt, Alzira, Elda, Novelda, or Torrent. The second focus is on enhancing a hybrid model of traditional retail and digital banking, while the third objective is to optimize internal processes to improve efficiency.
Regarding its social work, Caixa Ontinyent will allocate 3.8 million euros this year. Of this sum, two million will be invested in land in Ontinyent for the future Veterinary degree faculty of the University of Valencia. Additionally, the bank promotes financial and sustainability education programs and supports an orchestra for young musicians, reaffirming its commitment to society.

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