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Spain's Unicaja Says NII In 2020 Will Be Similar To NII In 2019
CFO Spain's Unicaja Expects More Cost-Cutting Measures In 2021
Unicaja Expects Progress on Liberbank Merger Talks In Coming Weeks
Liberbank SA is a Spain-based company engaged in the commercial banking activities. It specializes in providing consumer loans. Furthermore, the Bank offers a range of services for entrepreneurs: savings accounts, loans, factoring, payments management, investment funds, import and export financing, guarantees, as well as commercial insurance, among others. The Bank operates through a chain of retail offices in Asturias, Cantabria, Castile La Mancha and Extremadura. It also manages such brands as Cajastur, Caja Extramadura, Caja Cantabria and CCM.
Money Center Banks
Camino de la Fuente de la Mora, 5
Pedro Manuel Rivero Torre
Independent Chairman of the Board
Manuel Menendez Menendez
Chief Executive Officer, Executive Director
Jesus Ruano Mochales
Chief Financial Officer and Chief Corporate officer
Severino Jesus Mendez Suarez
Chief Human Resource Officer
Miguel Angel Barra Quesada
Chief Risk Management Officer
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Spain's Unicaja, which is in negotiations with smaller rival Liberbank to create the country's fifth biggest bank in terms of total assets, said on Tuesday its third-quarter net profit fell 63% against the same period a year ago after it booked 63 million euros ($73.4 million...
The chairman of Spanish lender Unicaja, Manuel Azuaga, on Wednesday said he was expecting progress in merger negotiations with rival Liberbank in the coming weeks.
Merger negotiations between Spanish lenders Unicaja and Liberbank to create the country's fifth biggest lender in terms of total assets are still ongoing, Unicaja's chairman Manuel Azuaga said in a statement on Wednesday.
Spanish lenders Unicaja and Liberbank kicked off formal merger negotiations to create Spain's fifth biggest lender, with over 100 billion euros ($117.38 billion) in total assets, after hiring advisors, Unicaja said on Wednesday.
Spain's Unicaja and Liberbank kicked off formal merger negotiations on Wednesday, after choosing advisors, Unicaja said.
Germany's Deutsche Bank and Italian investment bank Mediobanca are set to advise Spanish lenders Liberbank <LBK.MC> and Unicaja <UNI.MC> respectively on a potential merger deal, a source with direct knowledge of the matter said on Wednesday.
* Unicaja and Liberbank would create Spain's fifth biggest lender
Spanish bank Unicaja confirmed on Monday it was in preliminary talks over potential merger with its peer Liberbank.
Spain's Unicaja <UNI.MC> and Liberbank <LBK.MC> are holding informal talks about a potential tie-up to create the country's fifth-biggest lender with over 100 billion euros ($117.13 billion) in total assets, a source with knowledge of the matter said.
Spain's Unicaja and Liberbank are holding informal talks about a potential tie-up to create the country's fifth-biggest lender with over 100 billion euros in total assets without having entered so far into formal negotiations, a source with knowledge of the matter said.
* SIGNS DEAL WITH HELVETIA TO SELL 2.23% OF CASER FOR 25.7 MILLION EUROS, REDUCING ITS SHAREHOLDING TO 9.99%
* SAID ON WEDNESDAY IT FORMALISED 8 MILLION EURO LOAN AGREEMENT WITH LIBERBANK TO FUND ACQUISITION OF HOTEL IN LA CORUNA Source text: https://bit.ly/36KoN1E
Spain's Abanca is close to securing financial backing from Bank of America Merrill Lynch for a takeover bid for its domestic rival Liberbank, financial website Bolsamania said on Tuesday.
Spain's Liberbank and Unicaja called off merger talks on Tuesday after the former savings banks said they could not reach a deal over the terms of a share swap.
Spanish lender Abanca scrapped plans to launch a takeover bid for rival Liberbank on Tuesday, saying it had been unable to carry out due diligence before taking a final decision on whether to make an offer.
* Abanca and Liberbank would create Spain's sixth-biggest lender (Adds detail from letter sent by Abanca to Liberbank board)
Spanish regional lender Abanca on Friday confirmed it had approached Liberbank's main shareholders regarding a potential takeover, which could value the former savings bank at around 1.7 billion euros, although it said no deal had been reached yet.
Spain's Unicaja <UNI.MC> and Liberbank <LBK.MC> confirmed on Wednesday they had held talks about a potential deal, driving shares in both banks higher on expectations of a tie-up.
Spanish banks Unicaja and Liberbank on Wednesday both confirmed preliminary contacts on a potential corporate operation.
* BAD LOAN RATIO 7.8 PERCENT AT END-MARCH Source text for Eikon:
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