abstract:Monte de Piedad y Caja de Ahorros de Ronda, Cádiz, Almería, Málaga y Antequera, trading under the name Unicaja, is a financial institution based in Málaga, Spain and chartered as a caja de ahorros, similar to what would be called a savings and loan association in the United States, or a building society or trustee savings bank in the UK and Ireland. It operates primarily in the south of Spain.
On Friday, Oliver Wyman completed the more granular audit, which only seven institutions passed ( Banco Santander, BBVA, Caixabank, Unicaja Ceiss, Bankinter, Kutxabank, and Sabadell).
Only seven institutions passed the stress tests ( Banco Santander, BBVA, Caixabank, Bankinter, Unicaja Ceiss, Kutxabank, and Sabadell) while at least another nine were found to need capital to face a stress situation.