banc sabadell

Barcelona Conde de Godó attracts world number one singles and doubles players

April 26, 2017 07:48 PM | ACN / David Riol

The 65th edition of the Barcelona Open Banc Sabadell -commonly called the Conde de Godó tournament- has begun this weekend and runs through until the 30th April. The tournament goes back a long way as it was held for the first time in 1953. The competition is organized by the Barcelona Royal Tennis Club (RCTB) and has a big impact on the city of Barcelona and the European clay court circuit given the presence each year of club member Rafael Nadal. In this 2017 edition, the Godó can count on the presence of world number one Andy Murray and Henri Kontinen, the leading players on the ATP single and doubles rankings respectively.

Banc Sabadell nearly doubled its profits in 2015 after integrating UK bank TSB

January 29, 2016 04:31 PM | ACN

The Catalan banking group Banc Sabadell earned €708.4 million in 2015, according to figures published by the company. This result is 90.6% higher than that obtained in 2014. The good result of Banc Sabadell in 2015 is mainly due to the integration of the UK bank TSB in June, which added accounts worth €122 million. Without this operation, Banc Sabadell’s net profits would only had grown by 57.8%. Thus, net interest income, which measures the bank’s ordinary activity of receiving deposits and authorising credit, was €3.203 billion, 41.7% higher than in 2014. The internationalisation of Banc Sabadell has already been consolidated and 32% of the credits were authorised abroad. In 2014, this percentage was 6%. The default rate, which has dropped to 7.79%, 5 points less than in 2014, also contributed to Banc Sabadell’s positive result.