Banco de Sabadell, S.A. · Sabadell, Barcelona Spain · (Spanish: SAB)
Company Description
Phone: +34-902-323-555
Fax: +34-935-916-062
Rankings
- IBEX 35
- Madrid General
View Banco de Sabadell, S.A. Locations On A US Map
This link will open in a new window
This link will open in a new window Banco de Sabadell (also known as BancoSabadell) is one of the top banking groups in Spain offering corporate, commercial, and private banking through more than 1,200 branches. The company operates under five banking brands: SabadellAtlántico and Banco Herrero, for business banking; Solbank, which specializes in providing banking services for tourists and the tourism industry; ActivoBank, for online banking; and BancoUrquijo, for private banking. BancoSabadell also offers bancassurance products, asset management, and securities brokerage. The company has a presence in about 20 countries. It is looking across the Atlantic for growth, especially in Florida, as well as in Mexico. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Banco de Sabadell, S.A. Reports
No subscription, no problem.
Download presentation-ready reports for this company now.
Download presentation-ready reports for this company now.
From company profiles to the competitive landscape, Hoover’s offers immediate access to individual reports.
Key Banco de Sabadell, S.A. Financials
| Company Type | Public - Spanish: SAB Headquarters |
| Fiscal Year-End | December |
| 2008 Employees | 9,929 |
Banco de Sabadell, S.A. Executives
15 executives listed for Banco de Sabadell, S.A.'s Sabadell, Barcelona location.
| Title | Name & Bio | Contact |
| Chairman | José Oliu Creus | |
| Deputy Chairman | Joan Llonch Andreu | |
| Managing Director | Jaime Guardiola Romojaro |
Competition
Competitive Landscape for Banco de Sabadell, S.A.
Demand for banking services is closely tied to economic activity and the level of interest rates. The profitability of individual banks depends on marketing skills, efficient operations, and good risk management. Large economies of scale exist in some segments of the industry, which has encouraged industry consolidation. Smaller banks can compete successfully in segments where customer service or knowledge of the local market is more important. The industry is capital-intensive and highly automated: annual revenue per employee is close to $300,000. Many banks and thrifts aggressively offered adjustable rate and subprime mortgages during the housing boom of the early 2000s only to find themselves saddled with loan defaults and extensive losses when the housing bubble burst. Deep exposure to subprime mortgages and mortgage-backed securities caused bank failures, government takeovers, and involuntary mergers. To read the full description, subscribe now.Top Banco de Sabadell, S.A. Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!