14 Facts About Banco Santander


Banco Santander, S A, doing business as Santander Group, is a Spanish multinational financial services company based in Madrid and Santander in Spain.

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Additionally, Banco Santander maintains a presence in all global financial centres as the 16th-largest banking institution in the world.

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Banco Santander is a component of the Euro Stoxx 50 stock market index.

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In May 2016, Banco Santander was ranked as 37th in the Forbes Global 2000 list of the world's biggest public companies.

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In March 2008, Banco Santander sold Interbanca to GE Commercial Finance, receiving in return GE Money businesses in Germany, Finland and Austria, and GE's card and auto-financing businesses in the UK, which it integrated with Santander Consumer Finance.

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Banco Santander renamed the bank to enhance its global brand recognition in October 2013.

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In September 2010, Banco Santander purchased Bank Zachodni WBK from Allied Irish Banks.

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On 28 February 2012, Banco Santander announced that it had reached an agreement with KBC Bank to buy KBC's subsidiary Kredyt Bank in Poland.

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On 7 June 2017, Banco Santander purchased Banco Popular Espanol for a symbolic price of €1.

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Banco Santander Group operates across Europe, South America, North America and Asia, partly due to its acquisitions.

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In 2010, Banco Santander expanded into China, focusing on trade finance services and establishing a joint venture with China Construction Bank.

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Banco Santander has sponsored the main South American club competition Copa Libertadores since 2008 for the South American markets.

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In Formula One, from 2007 to 2017, Banco Santander was a corporate sponsor of the Ferrari and McLaren teams.

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From 2022, Banco Santander returned to Formula One as a premium sponsor of Ferrari.

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