Banco Santander S A : Santander named Bank of the Year in Americas by The Banker Magazine

The group's unique diversification across both geographies and products remains one its key strengths, with its South American region contributing 41% of underlying profit this year, North America, 20% and Europe 39%.

In Spain, The Banker highlighted the extraordinary measures Santander has made to support its customers during the Covid-19 pandemic: 'Through a commendable mix of product innovation and business agility, Santander Spain has played an invaluable role in assisting the country's businesses and consumers through an unprecedented economic and health crisis,' the magazine said.

In Brazil the magazine recognised a number of innovation made by Santander during the year, including products like Sim, a fintech that provides quick and affordable loans; EmDia, a debt renegotiation platform that connects creditors with consumers in arrears, Santander Auto, a car insurance business or Pi: a fully digital investment platform, with an open architecture.

In Argentina, The Banker noted the new services and products the bank now provides for female entrepreneurs and younger customers iU, for example, is a new product with benefits designed for specifically for young people. The bank also offers a comprehensive proposition which focuses on female entrepreneurs, owners of SMEs and professionals.

The Banker has been a trusted source of banking information since 1926, and it is part of the Financial Times group.