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Unicaja Reveals Early Analyses for a Potential WiZink Deal

The move signals Unicaja testing deal options to expand in consumer credit.

Overview

  • Unicaja told Spain’s market watchdog that it has run preliminary analyses on a possible agreement with WiZink.
  • The bank said it has made no definitive decision and has not defined the scope of any possible transaction.
  • El Confidencial first reported the potential talks and said Unicaja hired PwC as financial adviser and Uría Menéndez as legal counsel.
  • WiZink ended 2025 with a €52.5 million loss and €300 million in gross margin, while its CEO said the bank seeks independence but could use about €2.2 billion in surplus capital for acquisitions.
  • Unicaja’s strategic plan allows growth through mergers or purchases to build its consumer lending business, though it has not yet deployed its excess capital.