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Unicaja

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Unicaja
Company typeSociedad Anónima
BMADUNI
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)[2]
Total assetsDecrease €57.504 billion (2018)[3]
Number of employees
Decrease 6,337 (2018)[4]
Websitewww.unicaja.es

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.

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.[5][6]

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.[7]

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

  1. ^ Unicaja, Informe Financiero Anual 2018
  2. ^ Unicaja, Informe Financiero Anual 2018
  3. ^ Unicaja, Informe Financiero Anual 2018
  4. ^ Unicaja, Informe Financiero Anual 2018
  5. ^ "The list of significant supervised entities and the list of less significant institutions" (PDF). European Central Bank. 4 September 2014.
  6. ^ "List of supervised entities" (PDF). European Central Bank. 1 January 2023.
  7. ^ "Unicaja to Buy Rival Liberbank in Boost to Spanish Deals". 2020-12-30. Retrieved 2020-12-31.
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Unicaja
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