Top Largest Banks in Spain

The top largest banks in Spain include BBVA, Banco Sabadell, Santander, BBE, among others.

Banco Bilbao Vizcaya Argentaria (BBVA) is the second largest bank in Spain and the seventh largest financial institution in the Western world. It was named Bank of the Year in Colombia and Venezuela by The Banker in the 2010 awards conferred in London. BBVA has become the first Spanish company to sign an agreement with the Chinese Development Bank (CDB) establishing the framework for cooperating in different business areas outside China, mainly Latin America.

Banco Sabadell is Spain's fourth-largest banking group with branches throughout Spain and an international presence in foreign countries through branches, representative offices, subsidiaries and affiliates, notably in China, India, the Middle East, Africa and Latin America. Banco Sabadell's capital ratios are among the highest in the European banking sector and it has received ISO 9001 certification for all its global processes and the Gold Seal from the European Foundation for Quality Management (EFQM).

Santander is the largest Spanish banking group, with reported assets of €1,220 billion as at end-Q2 2010. It is also one of the most solid and solvent banks in the world, with a core capital ratio of 8.6% in 2009. The bank maintains a comfortable liquidity position based on funding through customer deposits and medium- to long-term debt issues.

Banco Popular Español (BBE) is the third largest banking group in Spain. In 1968 BPE opened a representative office in Paris that became a subsidiary and by 1991 it had a network of 14 branches in France. In 2000 BPE established a network of branches in Portugal.

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Kelvin Wong Loke Yuen is an experienced writer with a strong background in finance, specializing in the creation of informative and engaging content on topics such as investment strategies, financial ratio analysis, and more. With years of experience in both financial writing and education, Kelvin is adept at translating complex financial concepts into clear, accessible language for a wide range of audiences. Follow him on: LinkedIn.

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