Amundi and Banco Sabadell extend their partnership until 2035

Amundi and Banco Sabadell have extended their asset management distribution partnership by five years, giving Amundi continued access to the Spanish bank’s network of around seven million clients through 2035

"We are announcing the extension of our partnership with Banco Sabadell, the fourth-largest banking group in Spain, serving seven million clients through digital and more than 1,000 branches. This partnership allows us to distribute our investment solutions across Banco Sabadell’s networks in Spain," Amundi said.

Started in 2020 to initially set to run until 2030, the partnership has been extended to cover an additional five-year period, until 2035.

Since its inception, it has supported the development of Banco Sabadell’s fund business and strengthened our position in Spain, one of Europe’s major savings markets.

This extension reflects the successful collaboration between both organisations and the positive developments since the partnership began. The combination of Banco Sabadell’s understanding of its clients’ needs and our global asset management expertise has contributed to business growth and the continuous enhancement of our investment solutions offering.

This renewal also illustrates the conviction that this partnership will enable to continue capturing the significant growth potential of the Spanish savings and investment market. Together, we reaffirm our commitment to continue this partnership to create long-term value for our clients, shareholders and employees, while maintaining a strong focus on service quality, innovation and financial guidance.

Re-disseminated by Wealth and Society