BBK will take CajaSur. Cordovans win.

It is official, after months of rumors, finally, BBK will purchase the savings bank CajaSur and not Unicaja, creating the seventh Spanish bank in assets.

This new, it is in my opinion the best new for the Cordovans, specially for the workers of CajaSur

Who have not liked that new are the Andalusian politicians, specially the president of the Junta de Andalucía, José Antonio Griñan whose objective was that CajaSur was acquired by Unicaja-Malaga to create a great Andalusian savings Bank. This way, the Andalusian politics will not have a great power to abuse of its influence...they would have deferred or extended loans and without any doubt, they would have used it as a political weapon.

Even so, I do not understand how Andalusian politicians (from all the political parties) are showing their disappointment with the decision of the FROB, when Unicaja was planning to dismiss over 1,200 workers and close many offices due to the expand of Unica in Córdoba, this way the fact that BBK is not in Córdoba will let the Basque savings bank let open almost all the offices of CajaSur and their workers will keep their employs. It will not be weird that the CajaSur workers would be celebrating, drinking a toast with champagne and with a Basque Flag

Cajasur will keep its brand and its social work which put the logo of CajaSur in every act of Cordova and Andalusia and BBK will enter in the Andalusian-open-market where it only had a few offices.