Grupo Santander
From Wikipedia, the free encyclopedia
| Grupo Santander | |
 |
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| Type | Public |
|---|---|
| Founded | 1857 |
| Headquarters | Santander, Spain |
| Key people | Emilio Botín, President |
| Industry | Banking |
| Products | Financial services |
| Employees | 129.196 (2005) |
| Slogan | "Values from ideas" |
| Website | www.santander.com |
Grupo Santander (LSE: BNC) (NYSE: STD) is a marketing name of Banco Santander Central Hispano (BSCH) and its subsidiaries. Originating in Santander, Cantabria, Spain, it consists of a vast network of banking organisations with the majority based across Europe and Latin America. These are either Banco Santander brands or companies that have been acquired by the group. The most recent of these has been the acquisition of the UK bank Abbey in September 2004. Grupo Santander consists of 126,000 employees, 63 million customers, 10,000 branches and 2.6 million shareholders. Retail banking - the main aspect of Santander's operations - generates 82% of the group's profit.
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[edit] Shareholdings
Shareholders of banks acquired by Grupo Santander Central Hispano retain the same number of shares they bought originally, but they are renamed to Grupo Santander. The most recent example is with Abbey National shares, where the bank was delisted from the London Stock Exchange and then relisted, but under the name of Banco Santander Central Hispano.
[edit] The Five Pillar Business Model
Santander Central Hispano states that it has its own business model, based upon a five pillar system. These are:
- Customer-focused management
- Efficiency
- Credit risk quality
- Capital discipline
- "Multilocal" management with a global vision
[edit] Global Units
[edit] European Operations
[edit] Austria
- Santander Consumer Bank Austria AG
[edit] Czech Republic
- Santander Consumer Finance a.s.
[edit] Germany
- Santander Consumer Bank AG
- Santander Consumer Debit GmbH
- Santander Consumer Leasing GmbH
[edit] Hungary
- Santander Consumer Finance Zrt.
[edit] Italy
- Santander Consumer
[edit] Netherlands
- Santander Consumer Finance BV (Abfin)
[edit] Norway
- Santander Consumer Bank AS
[edit] Poland
- Santander Consumer Bank S.A.
[edit] Portugal
- Totta
- Crédito Predial Português
- Banco Santander
- Hispamer
- Banco Santander Totta S.A
[edit] Spain
[edit] Switzerland
[edit] United Kingdom
[edit] Latin American Operations
[edit] Argentina
- Banco Rio de la Plata
[edit] Brazil
- Banco Santander Banespa
- Banco Santander do Brasil
- Banco Santander Meridional
- Banco Santander Noroeste
[edit] Chile
- Santander Santiago
[edit] Colombia
- Banco Santander Colombia
[edit] Mexico
- Banco Santander (formerly Banco Santander Serfín)
[edit] Puerto Rico
[edit] Uruguay
[edit] Venezuela
[edit] African Operations
- Attijariwaffa Bank
[edit] North American Operations
[edit] USA
- Sovereign Bank - The group owns 24.99% of the common stock of Sovereign Bank and has the option to buy the remaining shares. If they purchase the entire bank it would probably be renamed and Santander would have its first retail bank in the USA.
