Unicaja

Spanish savings bank From Wikipedia, the free encyclopedia

Unicaja Banco, S.A. (trade name: Unicaja) is a Spanish bank based in Málaga. It was created by the savings bank Unicaja in 2011, to develop its financial activity, being initially the shareholder of 100% of the bank.

Company typeSociedad Anónima
ISINES0180907000
IndustryBanking
Quick facts Company type, Traded as ...
Unicaja
Company typeSociedad Anónima
BMAD: UNI
ISINES0180907000
IndustryBanking
Founded18 March 1991 (1991-03-18)
HeadquartersMálaga, Andalusia
Key people
Manuel Azuaga Moreno
(Chairman)
Ángel Rodríguez de Gracia
(CEO)
ProductsFinancial services
RevenueDecrease €805.186 million (2018)[1]
Decrease €156.2 million (2018)[1]
Total assetsDecrease €57.504 billion (2018)[1]
Number of employees
Decrease 6,337 (2018)[1]
Websitewww.unicaja.es
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Unicaja Banco has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.[2][3]

History

The savings bank Monte de Piedad y Caja de Ahorros de Ronda, Cádiz, Almería, Málaga y Antequera (Unicaja) was founded 18 March 1991 with the merger of five similar institutions, each of which contributed its location to the corporate name of the merged entity:

  • Monte de Piedad y Caja de Ahorros de Ronda (founded 1909)
  • Caja de Ahorros y Monte de Piedad de Cádiz (founded 1884)
  • Monte de Piedad y Caja de Ahorros de Almería (founded 1900)
  • Caja de Ahorros Provincial de Málaga (founded 1949)
  • Caja de Ahorros y Préstamos de Antequera (founded 1904)

In 2011, the savings bank Unicaja created a bank called Unicaja Banco to develop its financial activity and, in 2014, the savings bank became a foundation.

On 30 December 2020 it was announced Unicaja Banco is buying Liberbank. The new merged company would be the fifth largest of Spain.[4]

The name "Unicaja" remains a commercial brand of Unicaja Banco, in which the foundation holds a stake of 30.24% as of 31 December 2023.[5]

Sponsorships

The company sponsors several major sports clubs in its region. It is the owner of the basketball club Baloncesto Málaga, the sponsor of the volleyball club CV Almería, and is also a major sponsor, though not name sponsor, of Málaga CF.

See also

References

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