Spain

Banco Sabadell reinforces its support for religious institutions in several Spanish cities

Banco Sabadell reinforces its role as an ally for religious and Third Sector institutions, extending its framework of action to other Spanish cities.

Editorial Staff Omnes-January 30, 2025-Reading time: 2 minutes
Barcelona

Aerial view of the city of Barcelona (Pexels / Alexey Komissarov)

Banco Sabadell has taken an important step in its specialization strategy by deploying specialized units for Religious Institutions and the Third Sector in key cities such as Barcelona, Valencia, Alicante, Murcia and the Balearic Islands, in addition to the already existing unit in Madrid. This expansion reflects the bank's commitment to providing personalized, high-quality service to these sectors, which have shown remarkable growth since the service's inception in 2018.

Since its launch, the segment has experienced remarkable success, with the number of customers increasing fourfold and the volume of business handled tripling by the end of 2024. To respond to the needs of these organizations, Banco Sabadell has designed innovative products such as the DONE System, the first digital system in Spain for collecting donations by means of cards, and a special offer aimed at brotherhoods and fraternities with which it has agreements.

Service, consulting and training

Santiago Portas, director of Religious Institutions and Third Sector at Banco Sabadell, emphasizes that the proximity and high specialization of these new units position the entity as a benchmark in this segment. "Our professionals are trained to offer the best service and close advice, adapting to the needs of each client," says Portas.

In addition to traditional financial services, Banco Sabadell promotes collaboration between religious institutions and Third Sector entities through regular events and training programs. One of these programs is the Financial Advisor Course for Religious and Third Sector Entities, organized together with the Francisco de Vitoria University, whose fourth call for applications is already open.

Transparency and compliance with objectives

With clear policies based on transparency and ESG (environmental, social and governance) standards, Banco Sabadell ensures that both large and small institutions can access services and support tailored to their needs. This specialized approach facilitates the fulfillment of the entities' foundational objectives, while promoting a sustainable and responsible management model.

With these new openings and its continuous development of innovative products, Banco Sabadell reinforces its role as an ally for religious and Third Sector institutions.

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