The fund is being launched with initial contributions of EUR 200 million by the bank and EUR 50 million by Atitlan, with the aim of doubling these resources to boost the sector in Europe, the Americas, Africa and Asia. 

The ING executive will replace Ángel Rivera, who after more than 11 years in senior management positions in the group, exceeding the goals set at Santander Spain, will begin a new stage in his career in other areas of the business world.

Banco Santander today announced that it will become the official retail banking partner of Formula 1® in a multi-year deal starting in 2025. The partnership will reinforce the bank’s visibility within its main markets, showcasing the Santander and Openbank brands. Openbank, Europe’s largest 100% digital bank by deposits, will be launched in the US later this year.

The card does not require opening a new bank account, and is brought to customers by Amazon and Zinia, Grupo Santander's consumer finance platform. Amazon Visa rewards customers with 1% back in points for purchases on Amazon.de and 0.5% for other purchases; Prime members get 2% back in points during select Amazon.de shopping events.