CaixaBank strengthens its position as the leading financial group in Spain by volume of assets under management, by accumulating 160.820 billion euros of assets by September, while BBVA climbs two places and returns to the "top 3", according to the latest data released by Inverco.
Of the total managed by CaixaBank, some 110.742 billion euros come from the group's collective investment institutions (IIC), while the remaining 50.077 billion euros correspond to pension funds, thus maintaining the balance between both business lines.
In second place on the list remains Banco Santander, which adds up to a total asset base of 94.282 billion euros. Of this figure, 80.139 billion are managed through its IIC and 14.142 billion are channeled through pension funds.
BBVA, for its part, overtakes Crédit Agricole and moves into third place in the "ranking" of large financial groups by managed volume, with 89.226 billion euros. This amount is divided between 63.545 billion in IIC and 25.681 billion linked to pension funds.
After this move, Crédit Agricole goes on to occupy fourth position, with 78.721 billion euros managed by its IIC. Next is BlackRock, which manages 65.986 billion euros in investment funds, followed by Ibercaja (38.924 billion), KutxaBank (38.862 billion), Deutsche Bank (32.080 billion), Vanguard (26.429 billion) and JP Morgan Chase (25.507 billion).
In the third quarter of 2026, the total volume of assets distributed in Spain increased by 10.439 billion euros, which represents an advance of 1% compared with June 2026, to reach 1,076 trillion euros at the close of September 2026, equivalent to approximately 62% of GDP.