Sabadell Barcelona, the second largest city in the south of the comarca (county) of the Vallès Occidental in Catalonia, Spain is on the River Ripoll, 12 miles (20 km) north of Barcelona.
Sabadell and its archrival, Terrassa, in the east-central region of Catalonia, are co-capitals of the comarca of Vallès Occidental. These two cities pioneered the Industrial Revolution in Catalonia with their textile mills.
In the mid 19th century, nicknamed the “Catalan Manchester“, Sabadell became the most important wool city in Spain. Now, Sabadell is basically a commercial and industrial city with no significant agricultural activities.
On December 31, 1881, a group of 127 businessmen and traders from Sabadell Barcelona founded Banco de Sabadell, for financing local industries and providing them with raw materials (wool and coal) under more favourable terms and conditions.
In 1907, Banco Sabadell wound up the non-banking businesses to focus its activities on entirely on commercial banking.
In 1965, Banco Sabadell started its territorial expansion, slowly and steadily spreading to the nearby towns. In 1975, it started to expand beyond Catalonia by opening a branch in Madrid.
Now, Banco de Sabadell is the fifth-largest Spanish banking group with its headquarters in Sabadell includes several banks, brands, subsidiaries and associated banks specialises in serving SMEs (Small or Medium Enterprises) and affluent individuals interested in international trade.
In 1978, Banco Sabadell expanded internationally by opening its first branch abroad in the heart of the City of London in the United Kingdom.
Banco Sabadell with its extensive commercial and operational experience and having an in-depth knowledge of the features of the Indian financial system started operating in New Delhi, India in 1994.
In 2012, on the 130th anniversary of its founding, Banco Sabadell launched a campaign called “Som Sabadell” (We are Sabadell) to pay homage to its founding city.
For culminating the campaign, Banco Sabadell arranged a scintillating flash mob with 100 people from the Orquestra Simfonica del Vallès, Cor Lieder Camera, Cor Amics de l’Òpera and Coral Belles Arts choirs.
- Banco Sabadell (relbanks.com)
- Banco Sabadell (en.wikipedia.org)
- Banco Sabadell, 120 Pall Mall, London (manchesterhistory.net)
- Sabadell (en.wikipedia.org)
- Catalonia (en.wikipedia.org)
- Comarques of Catalonia (en.wikipedia.org)
- Vallès Occidental (en.wikipedia.org)