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EVO Banco
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.〔(Novagalicia ya opera fuera de Galicia con la marca EVO Bank ) 〕 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.〔(NCG Banco vende EVO a la firma de capital riesgo Apollo por 60 millones ) 〕 On October 16, 2013 EVO Banco, S.A. was established as a subsidiary of NCG Banco, S.A.〔https://www.boe.es/borme/dias/2013/10/16/pdfs/BORME-A-2013-198-15.pdf〕
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