Unicaja Banco to acquire a minority stake in Zenon Asset Management.

Unicaja Banco, a savings bank, agreed to acquire a minority stake in Zenon Asset Management, a company that provides private debt financing for small and medium-sized businesses. Financila terms were not disclosed. "This strategic alliance marks a significant milestone in the bank's commitment to Spanish SMEs. By combining traditional banking services with innovative private debt solutions, we are enhancing our ability to meet the diverse financing needs of companies throughout Spain. The substantial guarantee commitment from the European Investment Fund underscores the strength of our proposition and its positive impact on the Spanish economy," Isidro Rubiales Unicaja Banco CEO.