Caja Madrid traces its origins to the Monte de Piedad in Madrid - a religious landmark in Spain. The concept of the landmark derives from a 15th Century Italian charitable lending establishment called Monti di Pieta (a name still used by some French pawnbrokers today), which helped the economically disadvantaged by providing free loans, clothes and other necessities. In 1836, a collection of a small amount of money was planned to cover the interest of these loans and the institution's administration expenses, as well as to ensure its economic fu......

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