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Banco Sabadell became a pioneer in Spain’s banking sector by embracing technological innovation. In 1986, it launched Fonobanc, a telephone banking service, followed in 1988 by Infobanc, a computer-based banking platform. These initiatives set the stage for the introduction of BancSabadellNet in 1998, Spain’s first online banking service.
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In 1996, Grupo Banco Sabadell acquired Banco NatWest España for £123m, integrating it with its Banco de Asturias subsidiary to form Solbank SBD S.A. in 1997. [2] In 2001, Solbank SBD was legally absorbed into Banco Sabadell, with its branches continuing to operate under the Solbank brand (Sabadell Solbank from 2010) for marketing purposes.
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There were further problems affecting login to online services, and the ability to transfer money on 3 September. [35] On 4 September 2018, Pester resigned due to the IT failure, and Richard Meddings, the non-executive chairman, became executive chairman until a new CEO could be found. [36] In November 2018 TSB announced Debbie Crosbie as new ...
In 2003, Banco Sabadell acquired and absorbed Banco Atlántico, outbidding several competitors, including Barclays Bank and Caixa Geral de Depositos of Portugal. Banks portal References
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