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 Mexico

2015

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

Banco Sabadell - foreign market presence
Subsidiaries, investees and associated banks
  • Andorra
  • Bogota (Colombia)
  • Miami (USA)
  • Mexico City (Mexico)
  • London (United Kingdom)
Branches
  • Miami (USA)
  • Paris (France)
  • Casablanca (Morocco)
  • London (United Kingdom)
Representative offices
  • 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)