references to primary sources . please improve this by adding secondary or tertiary sources . december 2012 learn how and when to remove this template message banco de sabadell s.a. type sociedad an nima traded as bmad sab industry financial services founded sabadell spain december 31 1881 1881 12 31 headquarters sabadell spain key people josep oliu creus chairman jaime guardiola ceo products banking bancassurance asset management total assets 208.6 billion 2016 number of employees 26 090 2016 website www.grupbancsabadell.com banco de sabadell s.a. catalan banc sabadell is a banking group headquartered in sabadell spain . it is the fifth largest spanish banking group . 1 it includes several banks brands subsidiaries and associated banks . it is a universal bank and specialises in serving small and medium enterprises smes and the affluent with a bias towards international trade . as of january 2016 the total assets of banco sabadell group amounted to 208 628 billion . it has a network of 2 873 branches 2 204 domestic and 669 international 26 090 employees and 11.4 million customers . it is quoted on the bolsa de madrid and forms part of the ibex 35 . contents 1 strategic plan 2 history 2.1 timeline 3 brands 4 subsidiaries 5 branch network 6 board of directors 7 shareholder structure 8 references 9 external links strategic plan edit in february 2014 banco sabadell started its 2014 2016 business plan triple that aims to leverage its new size and margin generating capability . the main goal of the 2014 2016 triple plan is profitability . key themes of the new plan are transformation transformation of the business transformation of the production process and transformation of the balance sheet and internationalization laying the foundations for becoming more international in terms of structure and resources and entering new markets . history edit banc sabadell headquarters in sant cugat del vall s on 31 december 1881 a group of 127 businessmen and traders from sabadell barcelona founded the bank with the purpose of financing local industries and providing them with raw materials wool and coal under more favourable conditions . in 1907 banco sabadell began a new stage it ended its non banking businesses to focus on commercial banking . in 1953 in order to preserve the organisation s independence the shareholders created a share syndication agreement . in 1965 banco sabadell slowly spread to nearby towns . in 1975 it expanded beyond catalonia opening a branch in madrid . in 1978 banco sabadell expanded internationally initially in the city of london . the bank is a pioneer in bank computing in spain . in 1968 it automated accounting and administrative processes . in 1986 it introduced remote banking the telephone fonobanc and computer infobanc were incorporated as new channels for communication and service providision . in 1998 it launched bancsabadell net spain s first internet banking service . in 1988 sabadell multibanca later sabadell banca privada opened specialising in equity management and private banking and the banco sabadell group was formed . in 1996 banco sabadell started a new expansion phase increasing its size and operating capacity . banco sabadell went public in 2001 and became a member of the ibex 35 in 2004 . since 2007 the bank has doubled in size and is currently spain s fifth largest bank . acquisitions include natwest spain banco herrero banco atl ntico banco urquijo transatlantic bank private banking business of bbva us mellon united national bank banco guipuzcoano lydian private bank banco cam banco mare nostrum bmn network in catalonia and aragon lloyds tsb spain banco gallego lloyds tsb miami and jgb bank . timeline edit 1881 founded in sabadell province of barcelona on 31 december 1881 . 1965 territorial expansion . 1978 london first branch of the international network . 1986 remote banking . 1987 international branch in paris . 1988 created sabadell banca privada . 1996 acquired banco natwest espa a solbank project . 2000 acquired banco herrero . 2001 floated on the stock market . 2002 2004 introduced multi brand strategy . 2004 acquired banco atl ntico . 2004 included in ibex 35 . 2006 acquired banco urquijo . 2007 acquired transatlantic bank miami . 2008 zurich new bancassurance partner . 2009 acquired mellon united national bank miami . 2010 founded sabadell united bank . 2010 acquired banco guipuzcoano . 2010 new plan crea 2010 2013 . 2011 launched sabadellguipuzcoano brand . 2011 acquired lydian private bank miami . 2011 selected as winning bidder for caja de ahorros del mediterr neo cam . 2012 acquired caja de ahorros del mediterr neo cam . 2012 banco sabadell urquijo bp creation . 2013 acquired 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 . 2014 acquired jgb bank miami . 2014 banco sabadell starts independent operation in mexico . 2014 triple announced . 2015 acquired tsb a retail bank based in the united kingdom . brands edit sabadellatl ntico the group s primary brand in the spanish market . it operates throughout spain except in sabadellguipuzcoano and banco herrero territories . it focuses on commercial banking for individuals and companies . sabadellguipuzcoano formerly banco guipuzcoano . it is the group s brand in navarre la rioja and the basque country . it focuses on commercial and corporate banking . banco herrero the bank s only brand in asturias and le n. following the acquisition of banco herrero . it focuses on commercial banking for individuals and companies . it is the top banking network in asturias and one of the leading networks in le n. sabadell solbank it focuses on commercial banking for europeans living in spanish tourist areas . branches in mediterranean coastal areas and spanish islands . lloyds bank international was its trading name owned by banco sabadell . the bank was established as banco halifax in 1993 as the spanish subsidiary of halifax . banco halifax became part of lloyds banking group in 2009 and was renamed lloyds bank international . lloyds banking group sold it in april 2013 . 2 the lloyds bank name was used under temporary licence . 3 the bank was renamed sabadell solbank in november 2013 and was fully integrated into sabadell on 15 march 2014 . 4 activobank it focuses on clients operating exclusively electronically internet and telephone . sabadellurquijo private banking unit a merger of sabadell banca privada and banco urquijo . branches in main economic and wealth hotspots . sabadellgallego it is the group s reference brand in galicia following the acquisition of banco gallego . it focuses on commercial and corporate banking . sabadellcam it is the group s reference brand in the valencian community and murcia following the banco cam acquisition . it focuses on commercial banking . subsidiaries edit banco sabadell de andorra it is an entity established in the principality of andorra . banco sabadell has an ownership of 50 97 % of the bank s capital . it focuses on affluent individuals and to the main companies in the principality of andorra . bansabadell fincom it focuses on consumer finance . 100 % owned by banco sabadell . dexia sabadell subsidiary specialising in funding local government . banco sabadell 30 % and dexia group 70 % . sabadell united bank commercial banking brand in the united states . resulted from the acquisition of mellon united national bank in south florida 15 january 2010 and the integration of transatlantic bank 9 august 2010 acquired in 2007 solvia it focuses on real estate . it has concentrated its servicing capabilities . tsb bank retail bank based in the united kingdom . acquired by banco sabadell in july 2015 . branch network edit at the end of the year 2014 banco sabadell operated through 2 310 branches and had 17 529 employees . banco sabadell 53 international branches and representative offices in argel peking caracas dubai istanbul m xico df new york new delhi santo domingo s o paulo shanghai singapore and warsaw . banco sabadell has subsidiaries and associated banks in andorra united states portugal united kingdom ; and branches in london miami paris hendaye and casablanca . board of directors edit the members of the board of directors of banco sabadell are position name chairman josep oliu creus deputy chairmen javier echenique landiribar managing director jaime guardiola romojaro director h ctor mar a colonques moreno director joaqu n folch rusi ol corach n director m teresa garc a mil lloveras director joan llonch andreu director david mart nez guzm n director aurora cat sala director jos manuel mart nez mart nez director jos ram n mart nez sufrategui director ant nio vitor martins monteiro director jos luis negro rodr guez director jos permanyer cunillera secretary to the board miquel roca i junyent . deputy secretary mar a jos garc a beato . to be ratified at the next shareholders meeting . shareholder structure edit by tranches n. % of equity other information up to 120 000 shares 37 % number of shares 4.024.460.614 more than 120 000 shares 63 % number of shareholders 231.481 references edit tsb confirms 1.7 bn takeover move by spain s sabadell . bbc news . 12 march 2015 . retrieved 14 march 2015 . lloyds to sell spanish retail division to sabadell . bbc news . 29 april 2013 . retrieved 29 april 2013 . legal documentation . lloyds bank international . 2013 . retrieved 19 september 2013 . information on the integration process with banco sabadell . banco sabadell . february 2014 . retrieved 2 march 2014 . external links edit wikimedia commons has media related to banc sabadell . official website companies portal v t e ibex 35 companies of spain abengoa abertis acs amadeus it group arcelormittal banco bilbao vizcaya argentaria banco popular espa ol banco sabadell banco santander bankia bankinter bolsas y mercados espa oles caixabank dia enag s ferrovial fomento de construcciones y contratas gamesa corporaci n tecnol gica gas natural grifols iberdrola inditex indra sistemas international airlines group jazztel mapfre mediaset espa a comunicaci n obrasc n huarte lain red el ctrica de espa a repsol sacyr vallehermoso t cnicas reunidas telef nica viscofan v t e members of euro banking association austria allgemeine sparkasse oberosterreich bank f r tirol und vorarlberg ag bks bank ag erste group bank ag oberbank ag oesterreichische nationalbank raiffeisen zentralbank sterreich ag raiffeisenlandesbank ober sterreich ag raiffeisen landesbank tirol ag steierm rkische bank und sparkassen ag belgium dexia bank nv kbc bank nv bank van de post cyprus bank of cyprus hellenic bank denmark amagerbanken a s arbejdernes landsbank a s danske andelskassers bank a s danske bank a s diba bank a s djurslands bank a s jyske bank a s nordjyske bank a s n rresundby bank stjydsk bank a s ringk bing landbobank roskilde bank a s skjern bank spar nord bank sparekassen sj lland sydbank a s vestfyns bank a s vestjysk bank finland aktia bank plc bank of land plc pohjola bank plc s bank ltd. tapiola bank ltd france banque michel inchausp bami banque palatine bnp paribas sa bpce bred banque populaire cr dit agricole sa cr dit coop ratif cr dit du nord cr dit mutuel ark a credit mutuel cic banque hsbc france la banque postale natixis soci t g n rale germany berenberg bank bhf bank bremer landesbank commerzbank ag deutsche bank ag deutsche bundesbank deutsche postbank dz bank ag europe arab bank frankfurt hamburger sparkasse ag j.p. morgan chase bank ag landesbank baden w rttemberg landesbank berlin holding landesbank hessen th ringen oldenburgische landesbank secb swiss euro clearing bank gmbh the bank of new york mellon frankfurt branch vtb bank deutschland ag greece alpha bank