Founding of the Banc de Sabadell Historical milestone · Sabadell, Vallès Occidental, Barcelona Image of Sabadell, not of the place itself. Local industrialists and merchants founded the Banc de Sabadell in 1881 to finance the purchase of raw materials for the wool industry, twenty-two years after the Caixa d'Estalvis de Sabadell, created in 1859. The institution is today one of the great Spanish banks. 1881 Photo: Kippelboy (CC BY-SA 3.0) What to see and do in Sabadell