Trisha Shetty (Editor)

EVO Banco

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Industry
  
Financial services

Founded
  
2013

Number of locations
  
80

Predecessor
  
Abanca

Area served
  
Nationwide

Headquarters
  
Madrid

Number of employees
  
590

EVO Banco httpsthebankseuimglogosEvoBancopng

Type
  
Sociedad Anónima Unipersonal

Key people
  
José Luis Abelleira, CEO

Services
  
Retail banking Commercial banking

Owner
  
Apollo European Principal Finance Fund II (100%)

CEO
  
D. Enrique Tellado Nogueira (2014–)

Profiles

Los consumidores denuncian p blicamente la estafa de evo banco


EVO Banco, S.A.U. is a Spanish bank based in Madrid.

Contents

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. In the four initial weeks EVO Banco had managed to attract 8,290 clients and 70 million euros.

Adquisition

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.

On October 16, 2013 EVO Banco, S.A. was established as a subsidiary of NCG Banco, S.A.

References

EVO Banco Wikipedia