Categories: Business

BBVA and Sabadell: map of offices affected by merger

According to a careful analysis of Bank of Spain data accessed by this newspaper, the union of BBVA and Sabadell will create a giant with an office market share of more than 60% in at least 50 Spanish municipalities. with figures that reach between 67% and 75% in areas of Barcelona such as Canet del Mar, Sant Pere de Ribes or Polinha, where it must be taken into account that the number of banking offices is currently already very limited.

Some areas of Tarragona and Girona also reach these figures, including the council of Pilogna (Asturias), where the resulting structure will take over more than 67% of the banking business. The new bank’s share will also exceed 50% in more than one hundred municipalities. At this level will be the areas of Leon and the Valencian Community, where Alicante will be particularly affected.

On the other hand, in some regions of Navarre it will not exceed 25%, while in other northern communities such as the Basque Country, where BBVA has a strong presence, in addition to maintaining its headquarters in Bilbao, there are areas in which it can occupy up to 50% of the market.

Thus, everything indicates that the National Commission for Markets and Competition (CNMC) will play a very important role in the final terms of operation, so that if it goes ahead, clients of both organizations will not suffer significant changes in terms of services. . current.

Source link

Admin

Share
Published by
Admin

Recent Posts

What can you choose? All new products at the moment

Winter is coming and it's time for frost and humidity. This is where the good…

16 mins ago

Kamala Harris ends her campaign in Philadelphia with an optimistic message: “Yes, she can”

In front of the ladder symbol of resistance, Kamala Harris ended her campaign this Monday…

19 mins ago

Oncologists demand gender differentiation in lung cancer clinical trials

Head of the Department of Oncology at the University Hospital of La Paz and vice-president…

21 mins ago

Ibex 35 waits in “no man’s land” for the outcome of the duel between Kamala Harris and Donald Trump

The futures market is looking for a higher opening on European stock markets as well…

28 mins ago

It’s been ten years since players started pressing “F” to show respect: “Press F to show respect”

The F key, that seemingly insignificant letter on the keyboard, has celebrated its tenth anniversary…

31 mins ago

Chiclana and Vicente Moreno go hand in hand

The second time should be a special event in the Osasuna Cup. For Chiclana, a…

32 mins ago