Banco Sabadell
Bankers since 1881.
Banco Sabadell is today one of Spain's leading banks and occupies a pre-eminent position in personal and business banking. The year 2016 saw the completion of Triple Plan, the strategic plan for 2014-2016, which played a decisive role in the Bank's transformation and internationalisation.
With a young, highly qualified workforce equipped with IT and sales resources to meet the needs of today's market, our business model is geared to making Banco Sabadell its customers' main bank through relationships based on quality and commitment.
By building lasting, profitable relationships, Banco Sabadell works with its customers throughout their financial life cycle, offering solutions and distribution channels to meet their needs and a comprehensive range of products and services that favour long-term relationships based on the principles of professionalism, ethics and transparency.*
Adaptation to market needs is achieved through differentiated brands and businesses that represent distinctive value propositions, can be clearly identified by the markets and are reflected internally in organisational and management differences.
Banco Sabadell's strategic aims have traditionally been set out in three-year business plans. The year 2016 saw the completion of the current plan. This Triple plan covered the years 2014-2016 and centred on (i) transforming our balance sheet and business model; (ii) leveraging our customer base and generating increased margins from our new scale and enhanced capabilities, while (iii) laying the foundations for internationalisation.
* View our corporate values
Banco Sabadell landmark developments
1881
A group of 127 businesspeople and merchants in Sabadell founded the Bank, with the goal of financing local industry.1965
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 (Miami).2008
Acquisition of BBVA's private banking business in Miami (USA). 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 (Miami) and announcement of the adjudication of Banco CAM.2012
Acquisition of Banco CAM.2013
Acquisition of the Caixa Penèdes network, Banco Gallego and the Spanish business of Lloyds Banking Group.2014
Commencement of operations in Mexico2015
TSB acquisition.Bank licence in Mexico.
In 2016, Banco Sabadell consolidated the increase in size of recent years and benefited from its extensive geographical diversification.
Key figures of Banco Sabadell group (€ million)
2007 | 2010 | 2016 | 2016/2007 | |
---|---|---|---|---|
Assets | 76,776 | 97,099 | 212,508 | X 2.8 |
Lending (*) | 63,165 | 73,058 | 150,087 | X 2.4 |
Deposits (**) | 34,717 | 49,374 | 133,457 | X 3.8 |
Branches | 1,249 | 1,467 | 2,767 | X 2.2 |
Employees | 10,234 | 10,777 | 25,945 | X 2.5 |
(*) Gross loans excluding repos. |
(**) Customer funds on the balance sheet. |
Banco Sabadell - foreign market presence
- Andorra
- Bogota (Colombia)
- Miami (USA)
- Mexico City (Mexico)
- London (United Kingdom)
- Miami (USA)
- Paris (France)
- Casablanca (Morocco)
- London (United Kingdom)
- Algiers (Algeria)
- Sao Paulo (Brazil)
- Beijing (China)
- Shanghai (China)
- Bogota (Colombia)
- Dubai (UAE)
- New York (USA)
- New Delhi (India)
- Warsaw (Poland)
- Lima (Peru)
- Santo Domingo (DR)
- Singapore (Singapore)
- Istanbul (Turkey)
- Caracas (Venezuela)