Banco Sabadell

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Banco Sabadell, S.A.
Type Sociedad Anónima
Traded as BMADSAB
Industry Financial services
Founded Sabadell, Spain (December 31, 1881 (1881-12-31))
Headquarters Sabadell, Spain
Key people
Products Banking, bancassurance, asset management
Employees 18,077 (end 2013)
Subsidiaries Lloyds Bank International

Banco Sabadell (Spanish: [ˈbaŋko saβaˈðel]; Catalan: Banc Sabadell [ˈbaŋ səβəˈðeʎ]) is the fourth-largest banking group funded by private Spanish capital. It includes several banks, brands, subsidiary and holding companies spanning the whole range of financial business.

Specialising in commercial banking, it has a significant penetration in the company and medium and high level private customer market. It has a network of 2,418 offices employing a total of 18,077 staff. It is quoted on the Madrid Stock Market (SAB) and forms part of the IBEX 35 index.[1]


Banco Sabadell headquarters in Sabadell
  • 1881: Founded in Sabadell, province of Barcelona, on 31 December 1881.
  • 1965: Starts territorial expansion.
  • 1978: London, first branch of the international network.
  • 1986: Introduction of remote banking.
  • 1987: New international branch in Paris.
  • 1988: Creation of Sabadell Banca Privada.
  • 1996: Acquisition of NatWest España: Solbank project.
  • 1998: Hired Mario Eskenazi to develop a new graphic/logo.[2]
  • 2000: Incorporation of Banco Herrero.
  • 2001: Floated on the stock market.
  • 2002-2004: Introduction of multi-brand strategy.
  • 2004: Acquisition of Banco Atlántico.
  • 2004: Inclusion in IBEX 35.
  • 2006: Acquisition of Banco Urquijo.
  • 2007: Acquisition of TransAtlantic Bank, Miami.
  • 2008: Zurich, new Bancassurance partner.
  • 2009: Acquisition of Mellon United National Bank (Miami).
  • 2010: Founding of Sabadell United Bank.
  • 2010: Acquisition of Banco Guipuzcoano.
  • 2010: New plan CREA 2010-2013.
  • 2011: Launching of the SabadellGuipuzcoano brand.
  • 2011: Acquisition of Lydian Private Bank (Miami).
  • 2011: Selected as winning bidder for Caja de Ahorros del Mediterráneo (CAM).
  • 2013: Acquisition of Banco Gallego and Lloyds Banking Group's retail and private banking business and the local investment management business in Spain, Lloyds Bank International. Lloyds is selling its loss-making Spanish operations for a 1.8% stake in Sabadell, worth about €84 million, plus an additional sum of up to €20 million euros over the next five years.

Bank brands[edit]

Banco Sabadell d'Andorra
  • SabadellAtlántico: the group’s leading brand in the Spanish market. Present throughout Spain except in SabadellGuipuzcoano and Banco Herrero territories. Involved in commercial (mainly retail) and corporate banking.
  • SabadellGuipuzcoano: formerly Banco Guipuzcoano. The group’s brand in Navarre, La Rioja and the Basque Country. Involved in retail and corporate commercial banking.
  • Banco Herrero: the bank’s only brand in Asturias and León. Operates with a commercial banking model concentrating on retail and corporate customers. The top banking network in Asturias and one of the leading networks in León.
  • SabadellSolbank: the group brand specialising in the retail market for long-term foreign residents in Spain and companies operating in the residential tourism sector.
  • Sabadell United Bank: commercial banking brand in the United States. Resulting from the acquisition of Mellon United National Bank and the integration of TransAtlantic Bank.


  • Banco Urquijo: banking subsidiary specialising in private banking services. Mainly equity consultant for retail customers and institutions. 100% owned by Banco Sabadell.
  • Banco Sabadell de Andorra: the bank’s Andorra subsidiary specialising in commercial banking. Ownership shared between Banco Sabadell (51%) and local shareholders (49%).
  • Dexia Sabadell: subsidiary specialising in funding local administrations. Ownership divided between Banco Sabadell (40%) and the Dexia Group (60%).
  • BanSabadell Fincom: specialising in consumer finance. 100% owned by Banco Sabadell.

Shareholder structure[edit]

By tranches (n. % of equity) Other information
Up to 120,000 shares 36% Number of shares 1.390.314.371
More than 120,000 shares 64% Number of shareholders 130.039
Current share price (euros) 2,685


Farrés y Bernaldo, Jesús. 1982. Banco de Sabadell: Cien años de historia. Sabadell.


  1. ^
  2. ^ Chevalier, Michel (2012). Luxury Brand Management. Singapore: John Wiley & Sons. ISBN 978-1-118-17176-9. 

External links[edit]