Banco Santander achieved an underlying profit of €4,894 million in the first half of 2022, up 16% in current euros versus the first half of 2021. Attributable profit, which was impacted by restructuring charges of €530 million in the same period of 2021, was up 33% in current euros. In the second quarter alone, attributable profit was €2,351 million, up 14% in current euros and 2% in constant euros.

Under this agreement, both firms will collaborate in the co-innovation of solutions to improve client-to-bank connectivity and provide their global clients with financial tools to help navigate supply chain disruptions and accelerating the decarbonization of their industrial activities.