Categorized | Money

Four Savings Banks will Merge

Posted on 08 February 2010 by admin

Four savings banks, known as ‘Caixa’ in Catalan, or ‘caja’ in Spanish, have announced plans to merge.
The Caixa Girona, Caixa Sabadell, Caixa Terrassa, and Caixa Manlleu will merge, and become ‘UNIM’ with ‘Unimcaixa’ as their new commercial name.

The new logo will incorporate the four original colours from each bank; red, green, blue and orange.
75% of the branches in this merger will carry the new name Unimcaixa. The rest, those that are in the home territory of each original caixa, will have the specific designs:
UnimCaixa Girona, UnimCaixa Sabadell UnimCaixa Terrassa and UnimCaixa Manlleu

This merger is in the final stages of processing, awaiting the approval of the bank of Spain, and the final approval of the European commission.

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