HistoryBanco Sabadell was founded on 31 December 1881 by a group of businessmen and merchants of the city of Sabadell (Barcelona) with the aim of financing the local textile industry and supply the necessary raw materials under favourable conditions. In 1907, the bank wound up its non-banking businesses and engaged solely in commercial banking.
Its territorial expansion in Spain started in 1965, first in its immediate environment and subsequently other provinces and communities. In 1978, it commenced its international expansion with the opening of a branch in London.
In Spain, the bank pioneered the computerisation of its administrative processes and accounting management in 1968, and in 1986 introduced FonoBanc (telephone banking) and InfoBanc (computer banking) as new channels for communication with and services for the bank customer. Lastly, in 1998, Banco Sabadell launched the first Internet banking service: BancSabadellNet.
As from 1996 and down to the present day, Banco Sabadell has carried out a new phase of expansion with the acquisition and integration into the group of banks such as NatWest España, Herrero, Atlántico, Urquijo, Guipuzcoano, Banco CAM, Caixa Penedès, Lloyds TSB España, and Gallego in Spain and TransAtlantic Bank, Mellon United National Bank, Lydian Private Bank and JGB Bank in Miami (United States).
1965 Start of geographic expansion
1978 London, first branch of the international network
1988 Creation of Sabadell Banca Privada
1996 Acquisition of NatWest España: Solbank project
2000 Acquisition of Banco Herrero
2001 Becomes listed on the stock exchange
2004 Acquisition of Banco Atlántico
2004 Inclusion in the IBEX-35 2006 Acquisition of Banco Urquijo
2007 Acquisition of TransAtlantic Bank (Miami)
2008 Zurich, new bancassurance partner
2009 Acquisition of Mellon United Nat. Bank (Miami)
2010 Creation of Sabadell United Bank
2010 Acquisition of Banco Guipuzcoano
2011 Acquisition of Lydian Private Bank (Miami)
2012 Acquisition of Banco CAM
2012 Acquisition of BMN in Catalonia and Aragón (Caixa Penedès)
2013 Acquisition of Lloyds Banking Group España
2013 Acquisition of Banco Gallego
2013 Acquisition of JGB Bank de Miami