A good part of these processes has received financial support from the FROB and materialized through SIPs. What are SIPs? The new legal framework introduced by the regulation of the SIP represents a radical change in the system, enabling the transformation of boxes in a new legal form. Savings may agree to segregation of activities financial and benefico-social, developing its normal activity as a credit through a corporation entity, which will bring all its financial business. The central entity, which will determine strategies and business policies, must be established as a corporation wholly owned by all members of the SIP boxes, in at least 50% of its shareholding. In the event that cannot be reaches this participation of the central entity, savings banks will become foundations of special regime and only managed the Social work. Therefore, with this system, it is possible to see in a future banking business of boxes directed by a Corporation (a Bank, in a nutshell) and social works of each one in the hands of foundations of special regime.

SIPs today of all the multitude of mergers that have been making throughout this year, cold mergers underway are: CAM, Cajastur + CCM, Caja Cantabria and Caja Extremadura. Caja Madrid, Bancaja, La Caja de Canarias, Caixa Laietana, box Avila, Caja Segovia and Caja Rioja, forming the Financial Bank and savings S.A. Caja Murcia, Caixa Penedes, Sa Nostra and box Granda, creating the Bank Mare Nostrum. Caja Navarra, CajCanarias, Cajasol and Caja Burgos, of which Banca Civica has emerged. CAI, Cajacirculo and box of Badajoz. With this new legal regime, the savings banks as we know them may desaperecer market financial; where until now competed with the banks and boxes, will prevail the private entities. In the case that the boxes became a Foundation, its current presence would disappear at the financial level, to manage only the social work. Is recommended this new scenario for the general interest or benefit banks detriment of the citizen?