Executives at the the Arab Banking Corporation, which has a majority shareholding in Banco Atlantico, the Spanish bank, will meet on Saturday to decide its future owner.

Deutsche Bank is advising ABC on the €1.5bn ($1.8bn) sale of Banco Atlantico, and bidders are understood to include Barclays Bank, the UK Portuguese state-controlled savings bank Caixa Geral, Unicredito, the Italian bank, and Banco de Sabadell, the Spanish bank.