Banc Sabadell's board of directors decided to move its headquarters back to its namesake town after more than seven years in Alicante, a decision that has been well received in Catalunya.
The change of location is a result of the normalization of political and economic conditions in Catalunya, as per the entity's statement.
This political and economic normalization denotes that Catalunya remains a vital player with a fifth of Spain's economy.
The return of Banc Sabadell's headquarters has also been linked to BBVA's hostile takeover bid, though no direct impacts are currently evident.
Conclusion: Banc Sabadell's return to Catalunya demonstrates recovery of stability in the region. Its return represents a positive development for the Catalan economy and indicates that economic and political normalization is having a positive impact on the business sector.