Banco de Sabadell ( (ES:SAB) ) has shared an announcement.
BBVA has received authorization from the National Commission of Markets and Competition (CNMC) for its acquisition of Banco de Sabadell, which will make it the second largest financial entity in Spain by credit volume. The authorization is contingent upon several commitments aimed at ensuring financial inclusion and supporting SMEs and self-employed individuals, such as maintaining office locations and offering favorable commercial conditions in areas with limited competition.
More about Banco de Sabadell
Average Trading Volume: 18,867,286
Technical Sentiment Signal: Buy
Current Market Cap: €13.51B
Learn more about SAB stock on TipRanks’ Stock Analysis page.