Banco Santander

It is possibly the most powerful bank in Spain and one of the most important in the world. It is established in many countries such as Portugal, the United Kingdom, Brazil, the United States, Mexico, Argentina, and more. It allows the realization of a great variety of operations.

History

The bank was created under Royal Decree in 1857 with the mandate of Queen Elizabeth II of Spain. The initiative to create the bank was from some merchants of that time in Santander.

As of 1923, it expanded rapidly by opening various branches throughout the region. In 1994, it absorbed the Banco Español de Crédito (Banesto) being one of the most important acquisitions in its history. In 1991, the Banco Central and the Banco Hispanoamericano had been merged, creating the Banco Central Hispano. That entity joined the Banco de Santander 8 years later.

Since 2000, the bank began to expand both nationally and internationally through the purchase of several institutions. Those were the Grupo Financiero Santander Serfín, Abbey National, part of Sovereign Bank, Alliance & Leicester, Bradford & Bingley, and many more. It was known as Banco Santander Central Hispano (BSCH), and in 2007, its name was changed to Banco Santander. In 2010, it started a commercial banking business in the United States and Germany in 2011. In 2013, it fully acquired Banesto and Banif.

Routing Number

It is a nine-digit number that identifies a bank or branch in the United States. The banking institution’s routing number is 011075150 (If the account has 11 digits) or 231372691 (If the account has 10 digits).

Number of Employees

At the end of 2018, the census conducted at the bank resulted in 202,713 employees.

Rating

It represents the bank’s ability to face a risk or financial debt. Usually, the qualification is carried out by several qualified agencies.

Banco Santander has a rating of:

  • Moody’s = A2.
  • S&P = A.
  • Fitch = A-.

A2 (Moody’s) = The institution has medium-high quality, low credit risk, but with elements that suggest a susceptibility to long-term deterioration.

A (S&P Global) = It means that the economic situation could affect the financing.

A- (Fitch) = It refers to the high solvency capacity and low risk of default.

Headquarters

The head office is located in Santander, Spain.

Website

The bank can be accessed through this address: https://www.bancosantander.es

Services

  • Personal banking: It provides banking and financial services to people in general. It allows you to work with accounts and cards (savings and current), investments, savings, insurance, loans, mortgages, and more.
  • Private banking: It offers specialized services through advice to clients, guaranteeing the safe protection of their income.
  • Corporate banking: It allows companies to have access to banking operations, investment funds, collections, payments, cards, international businesses, and more.

Contact

Address: Paseo Pereda, 9-12, 39004 Santander, Spain.

Phone Number: Customer service: 915 123 123, 942227016, 942227720, 942227735, 942361233.