Unicaja

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
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

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.

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

  1. ^ a b c d Unicaja, Informe Financiero Anual 2018
  2. ^ "The list of significant supervised entities and the list of less significant institutions" (PDF). European Central Bank. 4 September 2014.
  3. ^ "List of supervised entities" (PDF). European Central Bank. 1 January 2023.
  4. ^ "Unicaja to Buy Rival Liberbank in Boost to Spanish Deals". 2020-12-30. Retrieved 2020-12-31.
  5. ^ "Anual Report 2023" (PDF). unicajabanco.com. 2024-02-29. Retrieved 2025-02-10.