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SAN share (Madrid) Negativo_GB 3.5715 | -3.49% | 18:00

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2000-2005

As from 2000, new additions in Brazil, Mexico and Chile: In 2000 the Group was joined by Banespa in Brazil, Grupo Serfín in Mexico and Banco Santiago in Chile. This consolidated the Group’s position as the leading financial franchise in Latin America.
   
Setting up of Santander Consumer: In 2003, the Group set up Santander Consumer when it merged German company CC-Bank, the Italian Finconsumo, Hispamer in Spain and other Group companies. This new consumer banking franchise today has a presence in 12 European countries (Spain, the UK, Portugal, Italy, Germany, the Netherlands, Poland, the Czech Republic, Austria, Hungary, Norway and Sweden), in the US, through Santander Consumer USA, and it has recently struck an agreement to start up its first operation in Latin America, in Chile.
   
Santander Group City inaugurated: In April 2004, Santander moved its Central Services in Madrid to its new headquarters, Santander City, where 6,800 people work today.
   
Purchase of The Abbey Group in the United Kingdom: That same year, in November, another major landmark was reached with the Group’s takeover of Abbey, the sixth largest bank in the United Kingdom.
   
First investment in the United States: In 2005, Santander reached agreement to take a 19.8% stake in Sovereign Bancorp, the 18th biggest bank in the US.