EVO Banco
 | |
| Type | Sociedad Anónima Unipersonal |
|---|---|
| Industry | Financial services |
| Predecessor | NCG Banco, S.A. |
| Founded | A Coruña, Spain (October 16, 2013) |
| Headquarters | Madrid , Spain |
Number of locations | 80 branches |
Area served | Nationwide |
Key people | José Luis Abelleira, CEO |
| Services | |
| Owner | Bankinter |
Number of employees | 590 |
| Website | www |
EVO Banco, S.A.U. is a Spanish bank based in Madrid.
EVO Banco was created by NCG Banco on March 12, 2012 as a division that would operate its assets outside the autonomous communities of Galicia, Asturias and the province of León. As part of their launch campaign it introduced its main financial product: Cuenta Inteligente.[1] In the four initial weeks EVO Banco had managed to attract 8,290 clients and 70 million euros.[citation needed]
First Acquisition[]
On September 9, 2013, NCG Banco announced that it would sell the EVO Banco division to the American private equity firm Apollo Global Management for 60 million euros.[2]
On October 16, 2013 EVO Banco, S.A. was established as a subsidiary of NCG Banco, S.A.[3]
Second Acquisition[]
In May 2019, Spanish bank Bankinter acquired Evo Banco, incorporating its 452,000 clients.[4]
References[]
- ^ Novagalicia ya opera fuera de Galicia con la marca EVO Bank (in Spanish)
- ^ NCG Banco vende EVO a la firma de capital riesgo Apollo por 60 millones (in Spanish)
- ^ https://www.boe.es/borme/dias/2013/10/16/pdfs/BORME-A-2013-198-15.pdf
- ^ Alconada, Ángeles Gonzalo (2019-05-31). "Bankinter cierra la compra de EVO y su filial de consumo irlandesa por 65,8 millones". Cinco Días (in Spanish). Retrieved 2020-02-08.
External links[]
- Official
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- Banks of Spain
- Companies based in Galicia (Spain)
- Banks established in 2013
- Spanish company stubs
- European bank stubs