Sabadell Solbank, S.A. (Spain)

Address

Cl Serrano, 90, 28006, Madrid, Spain

BIC

LOYIESMM

Overview

Business Focus

regional universal banking

Sabadell Solbank (formerly Lloyds Bank International) was a Spanish retail bank, focused on providing its products and services in the coastal areas of southern Spain. In 2014 Sabadell Solbank was integrated into its parent company, Banco de Sabadell, S.A..

Deposit Protection

Deposits up to 100,000 EUR are covered by Spanish deposit guarantee scheme in Sabadell Solbank, S.A.

Financials

Total Assets (2013)

1,645.70 mln EUR (-68.87%)

Net Income (2013)

-14,537,000.00 EUR (-70.75%)

In 2013 total assets of Sabadell Solbank, S.A. were 1,645.70 mln EUR. In 2013 the bank's net income was -14.54 mln EUR.

Deposit Guarantee

Protected Amount

up to 100,000 EUR

Guarantee Fund

Fondo de Garantía de Depósitos de Entidades de Crédito (FGD)

Covered Accounts

credit balances on accounts

Eligible Depositors

natural persons
legal entities

Sabadell Solbank, S.A. protects deposits up to up to 100,000 EUR per depositor through Spain's deposit guarantee scheme. The scheme applies to credit balances on accounts made by natural persons, legal entities. The bank participates in the Fondo de Garantía de Depósitos de Entidades de Crédito (FGD), making regular contributions into it.