Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Bolsa de Madrid  >  Banco Santander    SAN   ES0113900J37

BANCO SANTANDER (SAN)
My previous session
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Banco Santander : Santander launches integration of Popular with benefits for customers and a redesign of branch signage

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/04/2017 | 02:10pm CEST
  • Popular's four million customers will have access to a network of 7,500 ATMs for free cash withdrawals.
  • Retail and independent professionals will be able to do money transfers in euros for free among both banks.

Madrid, October 4, 2017. Santander is taking another important step in the integration process of Banco Popular. From today, Popular's branch signage will include the Banco Santander flame, an initial phase of the rebranding that will take place following operational integration, expected to happen in 2019.

In the next two weeks, Popular's more than 1,200 branches in Spain and Pastor's offices in Galicia will start to modify the signage on their facades to include a Grupo Santander endorsement and the Santander corporate color in their logos. The goal is to enhance the sense of integration and welcome Popular's four million customers to Grupo Santander, following approval of the acquisition by competition authorities on August 8. Subsequently, the Santander logo will be included in other materials, such as business cards, website, branch displays, etcetera.

This initial phase of the rebranding will also involve specific benefits for Popular customers, as they will have access to free cash withdrawals at over 7,500 ATMs in Spain: Santander's 5,000 tellers and Popular's 2,500. Moreover, retail customers and independent professionals of both Popular and Santander will be able to make ordinary money transfers in euros between both banks without cost.

Rami Aboukhair, Santander Spain and Popular's CEO, said: 'We welcome Banco Popular's customers to Grupo Santander. They can start to benefit from the advantages of the integration. We are committed to carrying out an exemplary integration resulting in a bank that will offer the best of both models. We are already part of the same team, which combines soundness, trust, strength, proximity and strives for excellence in customer service'.

Download PDF 81 Kb

Banco Santander SA published this content on 04 October 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 04 October 2017 12:09:05 UTC.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BANCO SANTANDER
08/20BANCO SANTANDER : Fortune Magazine names Santander in its 2018 Change the World ..
PU
08/17FLAGSTAR BANCORP : Federal Reserve Board announces termination of enforcement ac..
AQ
08/17FLAGSTAR BANCORP : Federal Reserve Board Announces Termination of Enforcement Ac..
AQ
08/16Santander USA Released from 2015 Fed Enforcement Action
DJ
08/15APPLE : SCB Q2 2018 Report
AQ
08/15First Direct tops Britain's first banking quality survey, RBS in last place
RE
08/13European bank stocks lose more ground as concerns on Turkey spread
RE
08/13European bank stocks lose more as concerns on Turkey spread
RE
08/07Proxima Capital Management Increased By $336,000 Its Santander Consumer Usa H..
AQ
08/07FLEETCOR TECHNOLOGIES : Etrade Capital Management Increases Holding in Banco San..
AQ
More news
News from SeekingAlpha
08/19SPANISH BANKS : Not The Type Of Mushrooms You Wish To Eat 
08/16Fed terminates enforcement actions with Flagstar, Santander Holdings 
08/12The Turkish Hamam Is Getting Too Hot For European Banks. Avoid The Bazaar! 
07/3130 'Safer' Dividend Financial WallStars Show 3.5-13.7% Yields For Dog Days 
07/31STOXX 600 Earnings Roundup - Week Of July 27, 2018 
Financials (€)
Sales 2018 48 133 M
EBIT 2018 24 410 M
Net income 2018 7 886 M
Debt 2018 -
Yield 2018 5,14%
P/E ratio 2018 9,01
P/E ratio 2019 8,19
Capi. / Sales 2018 1,45x
Capi. / Sales 2019 1,41x
Capitalization 70 023 M
Chart BANCO SANTANDER
Duration : Period :
Banco Santander Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BANCO SANTANDER
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 28
Average target price 5,74 €
Spread / Average Target 32%
EPS Revisions
Managers
NameTitle
José Antonio Álvarez Álvarez Chief Executive Officer & Executive Director
Ana Patricia Botín-Sanz de Sautuola O'Shea Group Executive Chairman
José Antonio Garcia Cantera Group Chief Financial Officer & Executive VP
Guillermo de la Dehesa Romero Vice Chairman
Rodrigo Echenique Gordillo Vice Chairman
Sector and Competitors
1st jan.Capitalization (M$)
BANCO SANTANDER-20.80%80 085
JP MORGAN CHASE & COMPANY7.32%385 729
BANK OF AMERICA4.13%307 039
WELLS FARGO-2.70%283 478
INDUSTRIAL AND COMMERCIAL BANK OF CHINA-15.16%268 501
CHINA CONSTRUCTION BANK CORPORATION-15.10%232 379