Created before Nov 2016
Last update: 2017-06-23 13:58:26
Johan Frijns, BankTrack
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About Banco Sabadell
Banco Sabadell was founded in 1881 by a group of 127 businessmen and traders from Sabadell (Barcelona, Spain), with the purpose to finance local industries. Nowadays, it is in the top five largest banks in Spain (EUR 208.6 billion total assets as of July 2016) and provides banking and financial products and services in Spain and internationally. Banco Sabadell is comprised of different banks, brands, subsidiaries and part-owned companies.
Since 2007, the bank has doubled in size and acquired several other banks. Acquisitions include NatWest Spain, Banco Herrero, Banco Atlántico, 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.
Banco Sabadell adopted the Equator Principles in 2011, and is profiled as part of BankTrack's Equator Principles Track and Chase project.
Plaza de Sant Roc, 20
Josep Oliu Creus |
Corporate Social Responsibility Policy Report 2016|
Inventory of Emissions
listed on Bolsa de Madrid
Banco Sabadell is publicly listed.
Related Dodgy Deals
Dodgy Deals map
General declaration on the policies for the prevention of money laundering and financing of terrorism
Voluntary initiativesBanco Sabadell has committed itself to the following voluntary standards:
See here for Banco Sabadell's CSR webpage.
Banco Sabadell and the Equator Principles
The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.
The Equator Principles exist already since 2003. Banco Sabadell adopted the Equator Principles in 2011.
Reporting on the Equator Principles
Banco Sabadell must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
Implementation and reporting
Banco Sabadell is reporting on the implementation here.