In Basque Country (including la CAV and Navarra), we have important financial institutions of three types: banks (BBVA and Banco Gipuzcoano), Savings Banks (BBK, Vital, Kutxa and Caja Navarra) and Credit Unions (Caja Laboral, Ipar Kutxa and Caja Rural)
Till now, the financial institutions in Spain and specially in Basque Country have a solid performance to tackle the global crisis.
In fact, Basque Country has a “AAA” from Standard & Poor’s meanwhile Spain has only an “AA+”, being the first case in Europe that a region of a estate has more rating than the estate.
In this image, you can see the good position of three of theese financial institutions, with facts from JP Morgan
(I saw it in: Hay cajas y cajas: Euskadi is different (2). arkimia)