Museu Fundación Banca March in Palma

From Humble Beginnings to a True Success Story

As you stroll through the streets of Palma, you’ll quickly notice: history is everywhere – even when it comes to finance! One of the most fascinating economic success stories rooted in the island is that of Banca March, one of Spain’s most respected financial institutions. But how did it all begin?

The Founder: Juan March Ordinas
The story of Banca March starts with Juan March Ordinas (1880–1962), a man from very modest beginnings. Born in the small town of Santa Margalida on Mallorca, he began his career as a humble coal trader. But Juan had an extraordinary business sense – and a bold, fearless approach. Before long, he expanded into the tobacco trade, and eventually, into the banking sector. In 1926, he founded Banca March, which today stands as one of Spain’s most solid and reputable private banks.

The March Family: Entrepreneurship in Their Blood
The March family didn’t just build a bank – they created an impressive business empire. Generation after generation, they’ve carried the legacy forward, always staying true to the values that mattered most to Juan March: discretion, stability, and a focus on long-term success.

To this day, Banca March remains family-owned – a rarity in the banking world. The family is still actively involved in the management of the bank and takes pride in maintaining its reputation as one of the safest banks in Europe.

Step Into History: The Bartolomé March Foundation Museum
If you’d like to discover more about the family’s passion for art and culture, be sure to visit the Fundación Bartolomé March in Palma. The museum is located in the former residence of the March family – a magnificent palace nestled in the heart of the old town.

Here, you’ll find an impressive collection of contemporary art, including works by Salvador Dalí and Henry Moore. The museum also showcases rare manuscripts, antique maps, and a beautiful historic library. It’s well worth a visit – especially for art lovers!

Conclusion: Banca March – A Mallorcan Success Story
Banca March is a shining example of how something big can grow from the smallest of beginnings. From coal trader to millionaire, from a modest bank to a financial institution – the story of the March family is deeply woven into the identity of Palma and the spirit of Mallorca.