Sabadell non merger

BBVA Sabadell

BBVA And Banco Sabadell: Their Alternatives After Their Non-Merger

After ruling out its integration with Banco Sabadell and with improved macro perspectives in Turkey, where it owns over 49.85% of Garanti bank, BBVA can potentially devote a higher amount to increasing shareholder remuneration. This could be through share repurchases as it does not need to strengthen provisions and has excess capital. For its part, Banco Sabadell has announced it will develop a new business plan that will prioritise the domestic market as a formula to increase the creation of value.