Established in 1857, Banco Santander is now the largest bank in Spain in terms of total assets. The bank's main business activity is retail banking which provides more than a half of the bank's income. Banco Santander, S.A. is the head bank of Santander Group (Spain).
Becoming a client of Banco Santander, S.A. can be done in a few steps:
Due to regulatory requirements Banco Santander, S.A. performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Banco Santander, S.A. will ask him/her to provide the following documents: passport; proof of address. For corporate clients Banco Santander, S.A. will ask to provide corporate documentation as well as information about controlling persons. Banco Santander, S.A. may request additional documentation or information depending on the case.
In 2019 total assets of Banco Santander, S.A. were 609,92 bln EUR. In 2019 the bank's net income was 3 530,22 mln EUR.
Banco Santander, S.A. is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is A- (high credit quality). Long-term credit rating assigned to the bank by Moody's is A2 (upper medium grade).
Banco Santander, S.A. participates in the deposit guarantee scheme of Spain. This deposit guarantee scheme applies to credit balances on accounts made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. Banco Santander, S.A. is a member of Fondo de Garantía de Depósitos de Entidades de Crédito (FGD) and makes its contributions into it.
Banco Santander, S.A. is headquartered in Santander.
Banco Santander, S.A. has profiles at the following social networks: