Unicaja

Spanish savings bank From Wikipedia, the free encyclopedia

Unicaja is a Spanish savings bank based in Málaga and chartered as a caja de ahorros providing retail banking services. The banks full name is Monte de Piedad y Caja de Ahorros de Ronda, Cádiz, Almería, Málaga y Antequera after the names of all the merged entities and the mount of piety structure.

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
Revenue €805.186 million (2018)[1]
€156.2 million (2018)[1]
Total assets €57.504 billion (2018)[1]
Number of employees
6,337 (2018)[1]
Websitewww.unicaja.es
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It is similar to what would be called a savings and loan association in the United States or a building society or trustee savings bank in the UK and Ireland. It operates primarily in the south of Spain.

Unicaja 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

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)

On 30 December 2020 it was announced Unicaja is buying Liberbank. The new merged company will 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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