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Banco Sabadell SA Completes Operation To Take Over Banco Mare Nostrum SA’s banking business in Catalonia and Aragon

Friday, 31 May 2013 03:07am EDT 

Banco Mare Nostrum SA announced that Banco Sabadell SA will take over the assets, liabilities and branch network that comprise the banking business of Banco Mare Nostrum SA (BMN) in Catalonia and Aragon, having completed the sale operation, which was announced in November 2012. The transfer covers a total of 462 branches (443 in Catalonia and 19 in Aragon) and the business of the 900,000 customers that form part of this regional directorate, as well as the 2,020 employees attached to its network and central services. The sum of the assets and liabilities transferred totals, respectively, EUR 9,950 million and EUR 9,613.4 million. 

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0.023 +0.95%
10:51am EST