Banco Santander has lent more than one trillion euros and is the world's leading bank (excluding Chinese banks) in this area of business, according to Bloomberg's data. Santander closed this year's first quarter with a worldwide loan portfolio amounting to 1.01 trillion euros, registering an increase of 2% on the previous quarter and 5% year on year in constant euros.
Helping a family buy a new home, financing the international expansion of a sock factory, promoting sustainable mobility by granting a loan for the purchase of an electric vehicle… All of this is possible due to the bank's capacity to recurrently generate profit, which allows it to continue to accompany the growth of its 155 million customers with more loans, while strengthening its capital and distributing dividends among its shareholders.
Santander has led the lending ranking of major international banks such as the American banks JP Morgan, Bank of America, Wells Fargo and Citi and the British bank HSBC, which have traditionally topped this ranking. The institution that comes after Santander on the list is JP Morgan.
Santander is supporting the growth of its lending activity with the positive progress of the individuals segment, where lending has increased, especially mortgages. It is also worth noting the increase seen in the corporate and institutional customers segment (Santander Corporate & Investment Banking), up 11% compared with the same period last year.
By region, Europe, North America and South America increase their credit investment a 4%, 8% and 9% YoY, respectively. By country, the United Kingdom and Spain are the markets that make up the most lending activity for Santander, more than 50% of the Group total. Digital Consumer Bank (DCB) grew lending by 1% with production growing 17% year-on-year.