Unicaja Banco : Q2 2021: last round with no notable hiccups before the merger
>The merger process is on track - Q2 2021 is the last standalone quarterly results release by Unicaja Banco and Liberbank, whose merger was announced at the end of 2020. The integration process is therefore ongoing and the deal has obtained green lights from the relevant authorities, with the official merger date set on 30 July 2021. This implies that Liberbank’s contribution to the P&L of the combined entity will begin in August (i.e. over five months in 2021). Unica...Unicaja Banco SA is a Spain-based financial institution (the Bank) engaged in the banking sector. The Bank offers services to individual and business customers. Its products and services range includes current and savings accounts, debit and credit cards, consumer and commercial loans, real estate credit, securities brokerage, funds management, leasing, factoring, pension plans, life and non-life insurance, international trade financing, money transfer, as well as treasury, among others. The Bank operates a number of branches in Spain and Morocco. The Bank is controlled by Fundacion Bancaria Unicaja.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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