El Banco Sabadell continues to strengthen its support for the business community operating between Spain and Portugal. Since returning to the neighboring country in 2018, the entity has maintained a branch in the heart of Lisbon, dedicated exclusively to corporate banking, serving both Portuguese companies and Spanish firms with commercial interests in the Portuguese market.
The banking institution makes available to companies a extensive portfolio of financial products and services designed to boost their internationalization and optimize their operations in Portugal. According to bank sources, the primary objective is "to serve Portuguese and Spanish companies with a presence and/or commercial interests in the country, through a broad portfolio of banking products and services."
In this context, the Portuguese market is consolidated as one of the more accessible and strategic entry routes for Spanish companies, benefiting from a solid institutional network and the support of financial institutions such as Banco Sabadell.
Banco Sabadell's commitment to supporting Spanish companies in their international adventure is firm. With the aim of offering a expert advice To ensure the success of its internationalization processes, the entity has launched a series of international business conferences, focusing on the most relevant markets for Spanish companies.
During one of these days, Santiago Ariza, director of Banco Sabadell PortugalHe highlighted the entity's approach: "Basically, what we're doing is supporting Spanish companies in their internationalization efforts in the Portuguese market, as well as Portuguese companies when they want to establish themselves in any of the regions where the bank has a presence. How do we do it? We do it through opportunity financing, whether with bank financing or alternative financing. We can also provide emanet (emergency financing). We can support short-term, medium-term, and long-term financing. We also support companies with structured financing, whether in the infrastructure, renewable energy, real estate, or agricultural sectors."
For its part, Teresa Madrigal, manager of the internationalization area of CofidesShe emphasized the role of her institution: “I work at Cofides. In business development, supporting the establishment of new companies abroad. Cofides is a fund manager that supports Spanish companies that internationalize, and in this case, since we've been talking about the Portuguese market, we can assist you with any type of establishment you undertake—whether it's a subsidiary, a sales office, a production facility, or an acquisition—and we would be delighted to support you in your internationalization process.”
Banco Sabadell's presence in Portugal dates back to 1994. Following a strategic and commercial agreement with a Portuguese correspondent bank that ran from 2000 to March 2017, the bank resumed its own presence in Lisbon in April 2018 to offer direct service to Portuguese and Spanish companies with interests in the country.
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