Banco Sabadell
Banking since 1881.
Banco Sabadell is currently one of Spain’s leading banks, with a prominent position in personal and corporate banking. The year 2015 was a decisive one for internationalization.
With a young, highly qualified workforce equipped with the most modern technology and sales resources, Banco Sabadell’s business model focuses on being its customers’ main bank, with a relationship based on quality and commitment.*
By building lasting profitable relationships, Banco Sabadell works with its customers throughout their financial lifecycle, with proposals that meet their needs using the appropriate channels and with a comprehensive range of products and services that enhance the long-term relationship, under the principles of professionalism, ethics and transparency.
Adaptation to market needs is achieved through a range of plans and businesses that represent distinctive value propositions, can be clearly identified by the markets and are reflected internally in organizational and management differences.
Banco Sabadell establishes its strategy in the form of three-year plans. The current strategic plan, the “Triple” plan, which runs from 2014 to 2016, focuses on leveraging the value of the customer base, extracting profit from the newly acquired size and capabilities, laying the foundation for internationalization in terms of structure and teams, and entering new markets.
* Check the Corporate Values
Landmark developments
Landmark developments
1881
A group of 127 businesspeople and merchants in Sabadell founded the bank, with the goal of financing local industry.1965
Commencement of expansion into nearby towns.1996
Acquisition of NatWest Spain Group and Banco de Asturias.2001
Banco Sabadell is floated. Acquisition of Banco Herrero.2003
Successful bid for Banco Atlántico.2004
Capital increase and entry in the IBEX-35. Banco Atlántico integrated in technological and operating terms.2006
Acquisition of Banco Urquijo.2007
Acquisition of TransAtlantic Bank (USA).2008
Acquisition of BBVA's private banking business in Miami. Sale of 50% of the insurance business.2009
Acquisition of Mellon United National Bank.2010
Takeover bid for 100% of Banco Guipuzcoano.2011
Acquisition of the assets and liabilities of Lydian Private Bank (Florida) and announcement of the adjudication of Banco CAM.2012
Acquisition of Banco CAM and creation of Sabadell Urquijo BP.2013
Acquisition of the new of Caixa Penedès, Banco Gallego the Spanish business of Lloyds Banking Group.2014
Commencement of operations in Mexico.2015
TSB acquisitionBanking licence obtained in Mexico.
In 2015, Banco Sabadell stabilized its size in Spain and significantly increased its international footprint.
Banco Sabadell — changes in key numbers
(€Mn.)
2007 | 2010 | 2015 | 2015/2007 | |
---|---|---|---|---|
Assets | 76,776 | 97,099 | 208,684 | X 2.7 |
Lending (*) | 63,165 | 73,058 | 152,646 | X 2.4 |
Deposits (**) | 34,717 | 49,374 | 131,489 | X 3.8 |
Branches | 1,249 | 1,467 | 2,873 | X 2.3 |
Employees | 10,234 | 10,777 | 26,090 | X 2.6 |
(*) Gross loans excluding repos. |
(**) Customer funds on the balance sheet. |
Banco Sabadell worldwide
- UK
- USA
- France
- Morocco
- Algiers (Algeria)
- Sao Paulo (Brazil)
- Beijing (China)
- Shanghai (China)
- New York (USA)
- Dubai (UAE)
- New Delhi (India)
- Mexico City (Mexico)
- Warsaw (Poland)
- Singapore (Singapore)
- Istanbul (Turkey)
- Caracas (Venezuela)
- Santo Domingo (Dominican Republic)
- Bogota (Colombia)
- Lima (Peru)
- London (UK)
- Andorra
- Miami (USA)
- Mexico City (Mexico)
- Portugal
- Colombia