THE BANK SABADELL REQUESTS INSTITUTIONAL ESTABILITI AND JURIDICAL SECURITY

The president of Bank Sabadell, Josep Oliu, he has requested today to the parties that guarantee the institutional stability and the juridical security "so that the country continues ahead", and he has noticed that its entity will always make the managerial decisions that he believes convenient "to the politics’" margin. Very well Mr. Oliu if you request this and if you don't see it clear, it will be limited to make what interests him, this under the same conditions that me a client of you, I also ask security that my money is well supported and that they are administered with artificial security and knowledge and as you he says, like they are my interest I will make what believes opportune and if it doesn't convince me I will leave to another bank. 

As it is already traditional at the beginning of year, you have offered a conference in the Chamber of Commerce of Sabadell, where he has made balance of 2015, it has analyzed the perspectives of 2016 and, to the assistants' questions, he/she has referred to the political situation of Catalonia, after the convergent Carles Puigdemont was yesterday invested president of the Generalitat. 

Unintentionally to enter to value the new stage that opens up in Catalonia with this investiture, you have underlined that the bank doesn't make, he won't make and he has never" made politics, and that its objective is to work to achieve the best service for the clients and the best result for the shareholders. The only thing that "fears" as directive, has said, it is that there are institutional "uncertainty and artificial insecurity. Me and all those that are in the world of the company", have underlined. 

He has commented that whenever he speaks with political he explains to them that there is not anything that it is as bad for the development of the private and economic" life as these two factors, for that that "if they want that the country continues ahead" it must guarantee the government stability and the normative security. The problem is not alone this truth of Perogrullo that you think to make to help to that this security exists, is the same thing that passes me, if I have invested part of my money in its bank products and like it has happened last year and the present already leaves them decreasing for that they don't find out the march of the markets that I have to make… because that to change bank, or better still to make like they make you to invest in dollars in companies USA. 

In the event of not achieving these securities, he has remembered that the Sabadell is today a multinational company that the mark national Catalan transcends and that, of which independently its mark is or where he has located its offices or corporate centers, he will make "what believes convenient for the sake of always getting the best commercial" service. The bank that you preside over possesses today 18% of its business in Catalonia, 57% in "the Spain that is not Catalonia", 20% in the United Kingdom, after the purchase of the British TSB, and 5 % remaining in America. That is to say, I find correct that is Catalonia 18% of their business it is a percentage that I consider correct if in the rest of Spain, he/she has the 58. What I no longer like is that with the benefits that they don't receive us here to their clients, you invest in Brazil and the USA  

Mr. Oliu you have made stress in that the Sabadell is today an entity very different to the one of eight years ago, since it has grown so much in Spain, non-Catalan supposes, I eat abroad, has been able to overcome the crisis and she enjoys one of the net test balances in the Spanish financial system. But I tell to you that eight years ago when it was the most Catalan Sabadell that international, their bank offered many more benefits than now with all its internationality, that is to say that I would request him that not of political advice because you don't interest them anything of that, neither the politics, neither the well to be, neither the nationality, so limit you to make money that is what you/they have to make and don't threaten escapes and des localizations for political effects, leave when they want that he doesn't worry if they leave for a possible independence of Catalonia, other French banks or Englishmen or Belgians will come to occupy its position in Catalonia.