BarcelonaBBVA’s takeover of Banco Sabadell was a process that lasted almost a year and a half and was finally rejected by the shareholders. During this period, the two entities allocated a lot of resources, one to achieve their goals and the other to defend themselves.
Despite this, Sabadell managed to increase its company business, one of its pillars. It has placed the share of total bank financing to companies (Cirbe) at 16.25%, compared to 13.28% last year, and the number of customers in this segment has increased in one year from 65,000 to 85,600, according to Eduardo Currás de Don Pablos, deputy general manager and head of companies at the bank.
The entity is achieving the goals it had set just before the tender offer, which materialized on May 9, 2024. One of these goals is to reach a 20% Cirbe share. In any case, the bank has lowered the customer threshold from 10 million turnover to two million and added the start-ups.
In this way, customers of large companies (more than 10 million turnover) remained 30,000 in 2025, while those with more than two million turnover went from 35,000 in 2024 to 50,000 this year, plus the start-upswhich makes it possible to show off better figures in this business. The volume of assets managed in the business of companies has increased from 24 billion to 32 billion in 2025; and the liability, from 28,000 million to 34,000 million. The bank has strengthened the management model with specialized professionals and quick response in financing, among other measures.
For its part, BBVA, the other protagonist of the offer, has substantially increased the business of clients with high assets. Its segment of private banking assets in Spain (clients with more than two million euros) has grown by 38% in the last two years, reaching 42,130 million euros under management, with data from October 2025. And the client base has increased by 17%, to 12,188. These results were announced during BBVA’s Wealth Banking Days, a biennial meeting in which the institution brings together bankers from the wealth segment to share trends, analyze the economic context and present the evolution of the wealth management and advisory model.
