Competition Concludes that Banco Sabadell "Is Not a Fundamental and Irreplaceable Operator" for SMEs

El Mundo

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In his report of the resolution published this Friday, he claims that there are several operators, including medium and small, that ensure that there is competition in the market Read

abc

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The National Commission on Markets and Competition (CNMC) undermines the arguments of Banco Sabadell vis-à-vis BBVA’s opa regarding a serious reduction in credit to SMEs, which was one of the most thorny points in the analysis of the body, and which has spread for a year. The institution chaired by Cani Fernández points out that the Catalan entity “cannot be considered to be a fundamental and irreplaceable operator” either at national level or i…

20minutos

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The National Commission of Markets and Competition (CNMC) challenges Banco Sabadell and ensures that this bank "non-essential and irreplaceable operator" for SMEs, "cannot be accepted that medium and small operators bring limited competitive pressure."This is one of the main conclusions reached in BBVA's resolution report on Banco Sabadell published on Friday.

El Pais

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The full CNMC report identifies risks related to financial exclusion due to the possible closure of branches

EFE

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Competition concluded in its April report on BBVA’s opa that Bank Sabadell is not fundamental in the world of SMEs.

VilaWeb.cat

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The International Monetary Fund (IMF) believes that competition concerns arising from the possible merger between BBVA and Sabadell could be mitigated by the structural and behavioral measures proposed by the competition authority. In a report prepared by its technical staff for consideration by the Executive Board, the IMF stresses that the possible adverse consequences of the operation, both for competition and financial stability, must be “ca…