Unicaja has opened negotiations with the unions to reduce staff costs by €51 million (20%) within the next two years.
Unicaja Banco closed 2012 with a loss of €577 million after tax due to write-downs of €1,204 million required under the Royal Decrees RDL 2/2012 and 18/2012.
The boards of directors of Banco Caja España-Duero and Unicaja Banco have agreed a definitive merger which will make it the seventh ranked financial institution in Spain.
The Unicaja branch office in Maro will not now be closing, at least not for the time being, so good news for the residents of Maro.
The Council is to urge Unicaja not to close its branch in Maro as it would have a particular impact on the elderly in the village who rely on the bank for such things as matters relating to pensions. The bank has been serving the village for thirty years.
At 09:45 on Wednesday morning, two masked men burst into a branch of Unicaja in Cártama Estación, intimidated the staff and made off with an unspecified amount of cash. Their getaway car was later found abandoned. Police are still searching for the robbers.
Two masked bandits raided the Unicaja bank in Humilladero yesterday morning, making off with €12,000 in cash. The robbery took place at 11:40 and several customers were in the bank at the time of the raid.
Unions and management have been meeting to discuss the preliminary data relating to job losses as a result of the merger of the Unicaja and Cajasol banks.
Top management at Unicaja and Cajasur have made a tentative agreement on merger terms in order to prevent intervention by the Bank of Spain.
The respective boards of directors of Unicaja and Caja de Jaén are expected to meet today and approve the proposed merger agreement between the two entities.