Radar > 228072

Banco Sabadell receives bank license to operate in Mexico

Banco Sabadell logra la licencia para operar como banco comercial en México

Intel ID : 228072
Synopsis

Banco Sabadell (BME:SAB), a Barcelona-based financial entity, announced it received the license to operate as a commercial bank in Mexico, in a press release issued on 8 August, 2015.

Initially, the bank’s activity will be targeted to companies and it will later expand the reach to individual customers as well.

Banco Sabadell was already present in Mexico through Sabadell Capital, a multipurpose financial institution (SOFOM), which carried out financing transactions.
(content in spanish)

La empresa española Banco Sabadell (BME: SAB) ha obtenido la licencia para poder operar como banco comercial en México, según ha comunicado la propia compañía en una nota de prensa del 8 de agosto de 2015.

En un primer momento la actividad de banco comercial irá dirigida a empresas, para posteriormente ampliar el espectro también a particulares.

Banco Sabadell ya tenía presencia en México a través de Sabadell Capital, sociedad financiera de objeto múltiple (SOFOM), que llevaba a cabo operaciones de financiación.

Bidder

Banco Sabadell
Spain

Advisors

retained

Intel ID 228072
Value ND
Native Currency Euro (EUR)
Financial Data - Banco Sabadell
(31 Dec 2019)
Date
Country
Region
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Type
Intel Grade
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Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.03 Commercial, Retail & Mortgage Banking
25 Financial Services / 25.01 Banking & Investment

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potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

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