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SAN share (Madrid) Negativo_GB 4.3395 | -0.69% | 17:43

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Press room

Banco Santander, S.A. (“Santander”) increased attributable profit in the first half of 2018 to €3,752 million, 4% higher than the same period of last year after a €300 million net charge primarily related to integration costs for Banco Popular.  At the time of the Popular acquisition, on June 7th 2017, the Group said it expected to register €300 million in integration costs per year until 2019. On an underlying basis (i.e. excluding the integration charge), profit increased by 25% YoY in constant euros to €4,052 million.  This was driven by an increase in customer revenues (+10% in constant euros). The number of loyal customers (people who see Santander as their main bank) increased by 17% to 19 million. Lending and customer funds increased by 2% and 6% respectively in constant euros.

EIB Vice-President, Emma Navarro, and Santander Españas CEO, Rami Aboukhair.

The European Investment Bank (EIB) and Banco Santander will provide financing to Spanish SMEs through an innovative instrument that enables the two institutions to share the risks. The agreement, signed in Madrid by EIB Vice-President Emma Navarro and Santander España’s CEO Rami Aboukhair, is backed by the Investment Plan for Europe. Under this financing facility, the EIB will participate in a EUR 250 million portfolio of corporate loans and Banco Santander will be able to provide EUR 500 million of financing for the investments of small and medium-sized enterprises.


Banco Santander and the new digital platform we.trade today announced in Spain the first real-time trade transactions among companies using blockchain. Over the past few days, 10 companies have completed seven international trade transactions via various banks across five countries using we.trade. Santander is a founding partner of we.trade, a joint venture owned by nine leading European banks which has developed a new blockchain-based platform with the aim of simplifying financial transactions for companies by addressing the challenge of managing, tracking and protecting domestic and international trade transactions. Santander Spain is already carrying out international trade transactions with several companies.

Rami Aboukhair, CEO Santander España, junto a los directores territoriales de Santander España.

Santander España reorganiza su estructura territorial para seguir avanzando en la integración y dar un nuevo impulso comercial para la nueva etapa. Tras la unificación de los servicios centrales, el banco inicia ahora la unificación de las direcciones territoriales para dar más empuje a la red y aprovechar las ventajas de la integración y la fortaleza de los equipos.


Euromoney has named Santander Best Bank in Western Europe, Spain, Chile and Uruguay. In assessing the awards, Euromoney highlighted the importance of the Group’s international diversification. Editor Clive Horwood said: “[Santander] is already one of the few big banks to prove that internationally diversified retail banks can be more profitable, and more stable, than domestic-focused peers. Now it is in its rightful place, not just Spain’s biggest bank, but also the one with the biggest domestic share, too.”