Shares in CaixaBank rose on their first day of trading, bringing relief to the owners, creditors and bankers trying to restructure the country´s beleaguered savings bank sector.

CaixaBank, the biggest and soundest of the cajas - or savings banks -- already meets Spain's new capital requirements as it was less exposed than its rivals to the country's collapsed real-estate sector. The stock rose 1.2% to 4.8 euros, making the lender the eurozone's 10th-largest bank.