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  • Territorial Organisation of Northern
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Territorial
Organisation
of Northern

Origins and history

N
1970

The Northern Territorial Organisation traces its origins to Bankinter’s expansion in northern Spain during the 1970s. Vizcaya began its activity in September 1972, with a branch office opposite Bilbao City Hall under the management of José Julián Acha, who was later succeeded by Herberto Villaro. In August 1978, the iconic Pedro Eguillor Building in Bilbao opened its doors, now the Organisation's current headquarters.

1976

In Álava, the first branch office opened in 1976 on Fueros Street, managed by Juan José Ortiz de Apodaca. That same year, Guipúzcoa began its journey in December with José Manuel Argárate Mendizábal at the helm, moving in April 1978 to its headquarters at Elcano 10, next to Plaza Guipúzcoa. In the early 1980s, José María Gete del Val assumed management. In Cantabria, also during this stage, the first branch office was opened in Puertochico, now known as Agencia 2, under the management of Eduardo Vega.

2025

Among the key figures are Eduardo Vega, whose influence was crucial in Cantabria and at various stages alongside Burgos, Palencia and Asturias; Juan José Ortiz de Apodaca, leader of the expansion in Vitoria, Álava and Miranda and the first head of the Basque Country Organisation; and Fernando Azcona, the first head of the current Northern Organisation, which includes the Basque Country, Cantabria and Miranda de Ebro. For the past eleven years, the management has been in the hands of Juan Manuel Astigarraga, ushering in a new stage in January 2025 under the management of Javier Hernández.

Evolution
and changes

Adaptation to the market: Throughout its history, the Organisation has shown a remarkable ability to adapt to market changes and customer needs, consolidating a client-focused, agile banking model with deep knowledge of the regional business landscape.

Until 1988, there were four independent Provincial Organisations. That year Vizcaya and Álava merged, incorporating Miranda; a year later Guipúzcoa joined, forming the first Basque Country Organisation. In 2003, Cantabria joined, and the current Northern Organisation was born.

Organisation Managers

José María Gete del Val (early 1980s).
Eduardo Vega (early 80s) Cantabria.
Juan José Ortiz de Apodaca - Basque Country.
Fernando Azcona - Northern.
Juan Manuel Astigarraga (2014 – 2024).
Javier Hernández (2025 – present).

Featured milestones

Merger of the Provincial Organisations Vizcaya–Álava–Guipúzcoa (1988–1989): creation of the first Basque Country Organisation.
Incorporation of Cantabria (2003): birth of the current Northern Organisation.
Strong penetration in financing during the pandemic: market shares close to 10% were achieved in the ICO programmes.

Current
strengths

Wealth Management with high penetration in investment funds.
Solid Large-corporate Banking, with recurring M&A transactions.
Excellent quality of Credit Risk.
A well-prepared and continuously trained team focused on advisory.

Key data

Total centres
0
Branches
0
Business centres
0
Employees
0
Active customers
0

Future
outlook

The main challenge

Leading Wealth Management at Bankinter and consolidating its position as a benchmark in Investment Banking and in the Family Offices ecosystem in the north.
Opportunities and objectives: Take an active part in public sector investment programmes, drive the use of digital tools and the technology office model, and harness AI to free up routine tasks and focus on high-value advisory services.

In the next 5-10 years

The Organisation aims to be modern, agile and true to its values, maintaining proximity to customers and offering a differentiated quality of service based on solvency, originality and integrity.
Future outlook

A world of opportunities and growth opens up. It is time for a new generation to embrace responsibilities and challenges to ensure the continued growth and development of Bank.

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