Banco Sabadell8 October 2015. This week,Josep Oliu, Chairman of Banco Sabadell, will open the entity's new representative offices in Bogota and Lima. Both Colombia and Peru represent key markets in the consolidation process of the entity's international project in Latin America.

The representative office in Bogota was opened last Wednesday. Some 150 guests in total attended this event, including the President of the Republic, Juan Manuel Santos, and representatives of the business, economic, political and social sectors in Colombia. Among these guests wasJaime Gilinski, with whom Banco Sabadell has recently formalised the acquisition of 4.99% of the local bank BGN Sudameris and signed a strategic cooperation agreement.

Colombia, with an average growth of over 4% since the beginning of the last decade, has become the fourth largest economy in Latin America. Its per capita income has more than doubled, and is now close to the average levels of the region.

The representative office in Lima shall be opened this Thursday, and over a hundred people are expected to attend the event. Peru has experienced an average growth rate of over 5% since 2000, and is now one of the most dynamic economies in Latin America. There has also been a marked improvement in the country's rank in global competitiveness indices.

The office in Bogota is located in the Stock Exchange building and is managed byVictor Leaño, a Colombian specialist in corporate banking who has worked at Banco Sabadell for over 16 years. His latest role has been as Head of International Development for the Entity in Mexico, Colombia and Peru.

The office in Lima is located in the Umayuq building, on Avenida Victor Andrés Belaunde, in the San Isidro district. The office manager isJuan Ignacio de la Vega, who also has extensive experience in Latin America, having worked in countries like Guatemala and Ecuador. For the last seven years, he has been further developing his professional career in Peru.

The network of Grupo Banco Sabadell's representative offices and international branches, including Global Corporate Banking activities, are coordinated by the Directorate-General for the Americas & Global Corporate Banking, led byFernando Pérez-Hickman. At present, Banco Sabadell's turnover in America is already in excess of 16 billion dollars.

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