Banco Santander

Bank Information

Bank Name Banco Santander
Bank Short Name SAN
Bank Type Member Bank
Operating Country Spain
Number of Domestic Branches 5000+
Number of non-domestic Branches 4500+
Euro Information to follow

Registered Address

Banco Santander
Paseo de Pereda, 9-12
Santander

39004

Description

Contact Information

Link to Banco Santander WEB Site: www.gruposantander.com

Profile

Banco Santander is the largest banking group in the euro zone and fourth largest in Europe by market capitalization, which stood at 69.7 billion euros at the end of 2005. Headquartered near Madrid, Santander specializes in retail banking, consumer finance, wholesale banking and asset management and insurance in Europe and Latin America. The group traces its roots to the founding of Banco de Santander in 1857, and is one of the founding members of The IBOS Association.

Key Group figures

  20052004
Number of employees 129,196 132,001
  Continental Europe 43,867 44,734
  United Kingdom 21,121 25,331
  Latin America 62,746 60,503
  Financial Management and Equity Stakes 1,462 1,433
Number of branches 10,201 9,973
  Continental Europe 5,389 5,233
  United Kingdom 712 730
  Latin America 4,100 4,010

Market Position

Banco Santander has 66 million customers served through 10,201 branches in Europe and Latin America. Santander is the largest banking group by assets in Spain and in Latin America, and the sixth largest in the U.K. and the third in Portugal. Through its Santander Consumer Finance division, Santander is a leader in Consumer finance in Europe, with operations in Spain, Germany, Italy and ten other European countries. At the end of 2005, the group had 129,196 employees, of which half were based in Europe and half in Latin America. 

 

Rating

                                                Long term                   Short term             

Moody’s                                        Aa3                          P1                            
Standard & Poor’s                         AA-                          A1+
Fitch                                              AA                            F1+                         

Membership of Clearings

EBA Member
TARGET Member

Euro

Information to follow