Milestones in 2016
In 2016, the Banco Sabadell group continued to strengthen its risk management framework by making improvements in line with best practices in the financial sector.
The Banco Sabadell Group's Risk Appetite Framework has been adapted to the new Group structure resulting from internationalisation. Consequently, in order to ensure consistency and effective application of the RAS in all geographies.
The improvement in the Group's fundamentals is reflected in the general improvement in its credit ratings.
Doubtful assets performed well in 2016, with the result that the NPL ratio was 6.14% at year-end.
The acquisition of TSB is a fundamental step in international diversification, with the result that the bank has about 32% international exposure.