Banco Atlantico

A brief look at the historic records of Spain’s Banco Atlantico, presently headquartered in the province of Catalonia, reveals several milestones. In 1901, after Cuba gained independents from Spain, bankers Francisco and José Nonell Feliu moved the business to the city of Barcelona. Together with local businessmen, they founded a bank Nonell, Rovira y Matas. Since its establishment, the bank’s name changed several times until in 1946, the body was acquired by the Count of Ruiseñada Claudio Güell y Churruca who renamed the structure Banco Atlantico. The bank went on private hands for the first time in 1984, when the consortium of Arab Banking Corporation, BBVA, and Alianz acquired Banco Atlantico from the Spanish government. In 2003, the bank ceased its independent existence and became a part of Banco Sabadell (BS) Group.

To its individual clients, the devoted team of Atlantico is pleased to offer the full range of everyday and personal banking solutions including savings and current accounts, bank cards, online banking, consumer and mortgage loans, deposits, and pension plans. The banks special products include BS Junior, a commission-free demand savings account for children aged 0-14, BS Click OK, a special bank card for teenagers, and BS Senior - a package of financial services with discount available for clients of the bank over 55 years of age. Some of the services included in BS Senior are: a BS bank card, an internet banking service, an option for direct payment of utility bills, and direct debit of retirement payment. The young clients of BS who want to buy a home can rely on a promotional mortgage plan, including an extended payment term of up to forty years, financing of up to eighty percent of the value of the property and a free home insurance with the bank. The international individual clients of BS may choose from a large number of fully-integrated and commission-free everyday banking services in English. The international account holders with BS may also take advantage of commission-free transfers of money within the EU.

To their corporate clients, Banco Sabadell team offers a rich variety of business-oriented banking solutions including financing, payment assistance, loans for manufacturing purposes, international bidding assistance and advisory, business insurance plans, and investment-savings options. The companies that choose to work with BS can also rely on specially-tailored asset management, market analysis, and risk management services. In order to facilitate exporters, the international business department of Banco Sabadell has signed a contract with Icontainers, the leader at the online forwarding market. Thus, the customers of BS can quote and book their internal freight through the Icontainers’ portal and access information about freight prices, customs processing of the delivery, and collection of insurances.

Commercial Banks Guide > Banco Atlantico