Triple Plan

Plan Triple

2015 has been the second year of the Strategic Triple Plan.


  • Sales
  • Balance Sheet
  • Production model


  • Leveraging greater
    scale into profit


  • Preparing for the group’s
    international expansion
  • Entering new markets


Net interest income

Sabadell (ex-TSB) +17.9% Group
Fees and Commissions

Sabadell (ex-TSB)
+7.4% Group


Market shares in Spain

Corporate customers
Loans and advances
to corporates



  • 2015
  • Dec. 2014
Individual customers
Credit cards

Life insurance

Household deposits

  • 2015
  • Dec. 2014


Sales transformation

We have led the digital transformation and improved customers’ experience (trust, delivery of service, transparency and convenience).

Towards digital transformation

Towards digital transformation
Transformation Plan
There, wherever you are

Transformation Plan

Transformation of the balance sheet

Reduction in balance of doubtful assets
(Dec. 2013 – Dec. 2015)

5,500M€ -22.4%

Reduction of problem assets
(Dec. 2013 – Dec. 2015)
4,500M€ -12.8%

Sale of real estate assets
16% more than in the previous year and with lower discounts

Funds (ex-TSB)

Deposits +1.9% MMF +36.4%
Credit activities

Loans and advances (ex. non-performing loans and TSB)
+2.1% Mortgages (new loans ex-TSB) +39%
Reduction in NPL ratio


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.

Evolution of cost/income ratio

Evolution of cost/income ratio


  • 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

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.

Employees 8,224 Branches 614

TSB is a sound challenger bank and has placed Sabadell in a position for future growth in the UK market.

Key figures in 2015

Contribution to the net interest income of the group in 6 months 540M€
Common Equity TIER 1 17.8%
Millions of customers 4.8
Net loans and receivables 35,970M€
Customer deposits 35,249M€
Reasoning behind the transaction

Reasoning behind the transaction