History of Madrid "Madrid" evolved from the Mozarabic "Matrit", which is still in the Madrilenian gentilic. The site of modern-day Madrid has been controlled since prehistoric times, and archaeological research found a small Visigothic village nearby. In the mid-9th century, Muhammad I of Córdoba constructed a small castle where the Palacio Real stands today. The Moors built a citadel, al-Mudayna, around this castle. They named the area after the nearby Manzanares River, which the Muslims called al-Majrīṭ (Arabic: "source of water"). From this came the name "Majerit", later spelled "Madrid". The Moors controlled the citadel until Alfonso VI of León and Castile conquered
Caja Madrid Caja Madrid Caja Madrid, formally the Caja de Ahorros y Monte de Piedad de Madrid, headquartered in Madrid, was the oldest of the Spanish savings banks. It was founded on 3 December 1702, by Francisco Piquer, an Aragonese priest. Caja Madrid was the regional-owned bank of the Community of Madrid (Comunidad de Madrid). On 30 July 2010, Caja Madrid signed an agreement to merge with six other savings banks to form Bankia on 3 December 2010. Caja Madrid held a 52.6 percent controlling interest in the new company. The Monte de Piedad de Madrid did not charge interest on its