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 acquisition
Banking 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

Banco Sabadell en el mundo
Branches
  • UK
  • USA
  • France
  • Morocco
Representative offices
  • 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)
Banking subsidiaries
  • London (UK)
  • Andorra
  • Miami (USA)
  • Mexico City (Mexico)
Associated banks
  • Portugal
  • Colombia