Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Spain
  4. Bolsas y Mercados Espanoles
  5. Banco Santander, S.A.
  6. News
  7. Summary
    SAN   ES0113900J37

BANCO SANTANDER, S.A.

(SAN)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

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

12/01/2021 | 11:41am EST

Santander also named Bank of the Year in Argentina, Brazil, Chile and Portugal.

The Banker underscored Santander's "longstanding commitment" with Latin America, demonstrated through the bank's various initiatives in digital innovation and sustainable finance.

Madrid, 1 December 2021.
Banco Santander has been named Bank of the Year 2021 in the Americas (North and South America), Argentina, Brazil, Chile and Portugal by The Banker magazine, which recognised the bank's "longstanding commitment" with the Latin American region where it has built a "powerful and profitable network from Mexico to Chile or Argentina". The Banker also highlighted various initiatives that underpin Santander's commitment to advancing financial inclusion and closing the existing digitalisation gap between Europe and Latin America.

One such tool is Superdigital, a financial inclusion platform that aims to reach five million active customers by 2023 in several Latin American countries, such as Argentina, Brazil, Chile and Mexico, where it is already available. Meanwhile, Santander's Chilean subsidiary achieved a landmark year in client acquisition with the launch of its new digital current account Santander Life. In Argentina, Santander is forging ahead with its plans to deploy a version of the group's 100% digital bank, Openbank, in its local market.

In addition, the magazine highlighted the bank's merchant-acquiring business Getnet, first launched in Brazil and now operating across Latin America and Europe. It has become the third-largest merchant acquirer in Latin America. It processed around €90 billion in payments worldwide through four billion transactions in 2020 and has now more than 1.2 million customers.

The Banker also acknowledged Santander's leading role as a financer of renewable energy projects across the Americas. For instance, In Brazil, the bank has been prioritising sustainable finance principles to create new financial instruments. Santander Brasil's ESG ventures exceeded R$ 27 billion (c.€4.6 billion) in 2020 alone, covering areas as diverse as clean energy financing, green bonds, sustainable agriculture and microcredit.

José Antonio Álvarez, CEO of Banco Santander, said: "After a year of strong results and improved efficiency, we are glad the effort of our people across the Americas is being recognised through this award. We will continue to work every day to strengthen our business and help people and businesses prosper."

"We see significant opportunities for growth across our businesses in the Americas. Our focus is on increasing collaboration between countries to better serve our clients and support trade flows between markets, while leveraging technology to grow our customer base," he added.

Banco Santander (SAN SM, STD US, BNC LN) is a leading retail and commercial bank, founded in 1857 and headquartered in Spain. It has a meaningful presence in 10 core markets in the Europe, North America and South America regions, and is one of the largest banks in the world by market capitalization. Its purpose is to help people and businesses prosper in a simple, personal and fair way. Santander is building a more responsible bank and has made a number of commitments to support this objective, including raising over €120 billion in green financing between 2019 and 2025, as well as financially empowering more than 10 million people over the same period. At the end of the third quarter of 2021, Banco Santander had €1.1 trillion in total funds, 152 million customers, of which 24.7 million are loyal and 47 million are digital, 9,900 branches and 193,000 employees.

Disclaimer

Banco Santander SA published this content on 01 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 December 2021 16:40:07 UTC.


© Publicnow 2021
All news about BANCO SANTANDER, S.A.
06:21aSANTANDER : Credit Suisse remains Neutral
MD
05:26aBANCO SANTANDER S A : Santander Spain, second company in the world with best employee cond..
PU
04:09aFitch Rates Santander Retail Auto Lease Trust 2022-A
AQ
01/19SANTANDER : Jefferies gives a Neutral rating
MD
01/19BANCO SANTANDER S A : Santander and the British Council offer 5,000 online scholarships to..
PU
01/19BANCO SANTANDER S A : Santander acquires 30% stake in Atempo Growth to boost funding for E..
PU
01/18BANCO SANTANDER S A : Santander supports EDPR's green projects in Poland
PU
01/18EDP Renováveis Secures Project Financing For Six Wind Projects In Poland
MT
01/14SANTANDER CONSUMER USA HOLDINGS INC. : Change in Directors or Principal Officers, Financia..
AQ
01/14ANDREA ORCEL : Exclusive-Orcel's Santander payout cut to 51.4 million euros -Madrid court ..
RE
More news
Analyst Recommendations on BANCO SANTANDER, S.A.
More recommendations
Financials
Sales 2021 46 202 M 52 393 M 52 393 M
Net income 2021 7 853 M 8 905 M 8 905 M
Net Debt 2021 - - -
P/E ratio 2021 6,84x
Yield 2021 3,99%
Capitalization 53 509 M 60 730 M 60 680 M
Capi. / Sales 2021 1,16x
Capi. / Sales 2022 1,12x
Nbr of Employees 193 303
Free-Float 99,2%
Chart BANCO SANTANDER, S.A.
Duration : Period :
Banco Santander, S.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BANCO SANTANDER, S.A.
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Last Close Price 3,13 €
Average target price 3,90 €
Spread / Average Target 24,3%
EPS Revisions
Managers and Directors
José Antonio Álvarez Álvarez Vice Chairman & Chief Executive Officer
José Antonio García Cantera Chief Financial Officer & Senior Vice President
Ana Patricia Botín-Sanz de Sautuola O'Shea Executive Chairman
Dirk Ludwig Marzluf Chief Operating & Technical Officer
Marjolein van Hellemondt-Gerdingh Group Chief Compliance Officer
Sector and Competitors