Banco de Sabadell said on 27 November that it would prioritise the Spanish market as part of a new plan aimed at increasing profitability and creating value for shareholders, after talks over a potential merger with Banco Bilbao Vizcaya Argentaria came to an abrupt end.

The Spanish bank said it would unveil its plan in the first quarter of 2021, but it expects it will include the expansion of the transformation program in the Spanish retail market with a neutral impact on capital.