Triple Plan
2015 has been the second year of the Strategic Triple Plan.
Transformation
- Sales
- Balance Sheet
- Production model
Profitability
- Leveraging greater
scale into profit
Internationalisation
- Preparing for the group’s
international expansion - Entering new markets
Profitability
Sabadell (ex-TSB) +17.9% Group
+41.7%
Sabadell (ex-TSB)
+7.4% Group
+16.5%
+7.6%
Market shares in Spain
to corporates
credit
invoicing
- 2015
- Dec. 2014
invoicing
products
Household deposits
- 2015
- Dec. 2014
Transformation
Sales transformation
We have led the digital transformation and improved customers’ experience (trust, delivery of service, transparency and convenience).
Towards digital transformation
There, wherever you are
Transformation of the balance sheet
(Dec. 2013 – Dec. 2015)
5,500M€ -22.4%
(Dec. 2013 – Dec. 2015)
4,500M€ -12.8%
16% more than in the previous year and with lower discounts
1,902units
Deposits +1.9% MMF +36.4%
Loans and advances (ex. non-performing loans and TSB)
+2.1% Mortgages (new loans ex-TSB) +39%
-4.95%
Transformation of production model
The cost/income ratio improves on a like-for-like basis. Personnel and administrative costs on a like-for-like basis are maintained.
Internationalisation
- 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
Acquisition of TSB
TSB (TSB Banking Group PLC) was acquired by the Banco Sabadell group in June 2015 through a takeover bid.
It manages the retail business in the United Kingdom, including current and savings accounts, personal loans, cards and mortgages.
TSB has a multi-channel distribution model on a national scale, formed of 614 branches throughout England, Wales and Scotland.
TSB is a sound challenger bank and has placed Sabadell in a position for future growth in the UK market.
Key figures in 2015
