Madrid economic, cultural, industrial, educational, and technological centre on the European continent. Madrid lies on the southern Meseta Central, 60 km south of the Guadarrama mountain range and straddling the Jarama and Manzanares river sub-drainage basins, in the wider Tagus River catchment area. There is a considerable difference in altitude within city limits ranging from in the Manzanares riverbanks in the southeast of the municipality to above sea level in the highest part of the Fuencarral-El Pardo district. Over a quarter of the Madrid municipal area is covered by the largely forested protected area of El Pardo. Madrid has an inland
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