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
A mount of piety is an institutional pawnbroker run as a charity in Europe from Renaissance times until today. Similar institutions were established in the colonies of Catholic countries; the Mexican Nacional Monte de Piedad is still in operatio ...
structure.
It is similar to what would be called a
savings and loan association
A savings and loan association (S&L), or thrift institution, is a financial institution that specializes in accepting savings deposits and making mortgage and other loans. The terms "S&L" or "thrift" are mainly used in the United States; simi ...
in the
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territori ...
, or a
building society
A building society is a financial institution owned by its members as a mutual organization. Building societies offer banking and related financial services, especially savings and mortgage lending. Building societies exist in the United Kingd ...
or
trustee savings bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets.
Becaus ...
in the
UK and
Ireland
Ireland ( ; ga, Éire ; Ulster Scots dialect, Ulster-Scots: ) is an island in the Atlantic Ocean, North Atlantic Ocean, in Northwestern Europe, north-western Europe. It is separated from Great Britain to its east by the North Channel (Grea ...
. It operates primarily in the south of Spain.
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
Liberbank was a Spanish financial services company constituted by a merger of Group Cajastur, Caja de Extremadura and Caja Cantabria. It was established from the combination of the assets and liabilities of the banking business (excluding those p ...
. The new merged company will be the fifth largest of Spain.
Sponsorships
The company sponsors several major sports clubs in its region. It is the owner of the
basketball
Basketball is a team sport in which two teams, most commonly of five players each, opposing one another on a rectangular court, compete with the primary objective of shooting a basketball (approximately in diameter) through the defender's h ...
club
Baloncesto Málaga, the sponsor of the
volleyball
Volleyball is a team sport in which two teams of six players are separated by a net. Each team tries to score points by grounding a ball on the other team's court under organized rules. It has been a part of the official program of the Sum ...
club
CV Almería, and is also a major sponsor, though not name sponsor, of
Málaga CF.
See also
*
List of banks in Spain
This is a list of banks in Spain. Spain has 10 banking groups that are directly supervised by the European Central Bank. As of September 2021, the "big four" in Spain are:
* Banco Santander
* BBVA
* Caixabank
* Banco Sabadell
There were formerly a ...
References
External links
Unicaja website
Banks of Spain
{{Spain-bank-stub