Banco Sabadell Returns to Catalonia After Seven Years

Banco Sabadell has announced plans to relocate its headquarters back to Catalonia from Alicante, seven years after its departure.

This decision comes amid a public acquisition bid by BBVA and following discussions with government officials.

The decision remains subject to the approval of the bank’s board, but sources indicate a strong commitment to this change, although no date has been set for the transition.

Banco Sabadell initially moved to Alicante in 2017 following the failed declaration of independence in the region and the following political instability.

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