Santander Serfin
Santander Serfin Executives
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Servicios financieros para personas: fondos, creditos, infonavit y más
Santander Serfín te ofrece los mejores productos, servicios y soluciones para el manejo de tus finanzas
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Grupo Santander: Information from Answers.com
Grupo Financiero Santander, S.A. de C.V. (Mexican:SANMEX) Contact ... Grupo Financiero Santander, formerly Grupo Financiero Santander Serfin, is the ...
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Fitch Affirms Banco Santander Serfin's Ratings - - insurancenewsnet.com
... has affirmed the ratings of Mexico's Banco Santander Serfin (BSS) as follows: ... BSS is 100%-owned by Grupo Financiero Santander Serfin (GFSS) ...
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Teleperformance - Global Expert in Contact Center Management
Santander Serfin, formed in 2002 as a subsidiary of the Spanish Group Banco ... In 2002 Santander Serfin increased its billing in 73% more than in the 2001, ...
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Article: Bank Of America And Santander Serfin Announce New,...
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Grupo Financiero Santander Serfin, S.A. de C.V. - Company Snapshot ...
Grupo Financiero Santander Serfin, S.A. de C.V. Company Profile - View the latest news, market research, credit research, and investment research on Grupo Financiero ...
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BANACCI BACK ON TOP. | Latin America > Mexico from AllBusiness.com
Fitch Affirms Banco Santander Mexicano & Banca Serfin's Ratings. ... Fitch Upgrades Banco Santander Serfin's Foreign Currency Ratings. ...
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SANMEXB - Grupo Financiero Santander S.A.B. de C.V - Google Finance
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Santander Serfin Company Headquarters
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{{Infobox Company| company_name = Grupo Santander| company_logo = | company_type = Public company| foundation = 1857| location = Santander, Spain, President| industry = [Banking| revenue =| operating_income =| net_income =| num_employees = 129,749 (2006)| parent =| company_slogan = "Values from ideas"| subsid =| homepage = www.santander.com| footnotes =-->Grupo Santander (, , [IBEX-35: SAN) is a banking group centered around Banco Santander, the largest bank in Spain. Together with its local subsidiaires it has large scale operations in Europe and Latin America. It is the third largest bank in Europe in terms of market capitalization. Most subsidiaries have now rebranded to Santander. Originating in Santander, Cantabria, Cantabria, Spain. These are either Banco Santander brands or companies that have been acquired by the group. The most recent of these has been the acquisition of the UK bank Abbey National in November 2004. Grupo Santander consists of 126,000 employees, 68 million customers, 10,000 branches and 2.6 million shareholders. Retail banking - the main aspect of Santander's operations - generates 82% of the group's profit. The group is amongst the top ten banking organisations in the world and is the biggest bank in the Eurozone. Currently, they are a corporate sponsor of the McLaren-Mercedes Formula 1 team.
History The merger in 1999 of Banco Santander (founded in 1857) and Banco Central Hispano (BCH), founded in 1991 following the merger of Banco Central (est. 1919) and Banco Hispanoamericano (est. 1900), created Banco Santander Central Hispano, or BSCH.
On 26 July 2004 Abbey National plc (in the United Kingdom) and Banco Santander Central Hispano announced that they had reached agreement on the terms of a recommended acquisition by Banco Santander of Abbey. Following shareholders' approval at the EGMs of Abbey (95 per cent voted in favour, despite vocal opposition from most of those present) and Santander, the acquisition was formally approved by the courts and Abbey became part of Grupo Santander on 12 November 2004.
In June 2006, Banco Santander Central Hispano purchased almost 20% of Sovereign Bank (in the United States) for $2.4 billion. As Banco Santander owns 25% of Sovereign, it has the right to buy the bank for $40 per share for one year beginning in the middle of 2008.
In May 2007 Banco Santander Central Hispano announced that in conjunction with Royal Bank of Scotland and Fortis (finance) a proposed offer for ABN AMRO. The offer was in part to outbid Barclays. Banco Santander Central Hispano share of the offer added up to 28% and the offer would have to be made up of a capital increase through a new share issue.
On 13 August 2007, Banco Santander Central Hispano changed its legal name to Banco Santander.
Shareholdings Shareholders of banks acquired by Banco Santander retain the same number of shares they bought originally, but they are renamed to Santander. The most recent example is with Abbey National shares, where the bank was delisted from the London Stock Exchange and then relisted, but under the name of Banco Santander Central Hispano.
The Five Pillar Business Model Bancp Santander states that it has its own business model, based upon a five pillar system. These are:
- Customer-focused management
- Efficiency
- Credit risk quality
- Capital discipline
- "Multilocal" management with a global vision
Global Units
- Santander Private Banking
- Santander Consumer Finance
European Operations Austria
- Santander Consumer Bank Austria AG
Czech Republic
- Santander Consumer Finance a.s.
Federation of Bosnia and Herzegovina
- Santander Banka
Germany
- Santander Consumer Bank AG
- Santander Consumer Debit GmbH
- Santander Consumer Leasing GmbH
Hungary
- Santander Consumer Finance Zrt.
Italy
- Santander Consumer
Jersey
- Abbey International
Netherlands
- Santander Consumer Finance BV (Abfin)
Norway
Poland
- Santander Consumer Bank S.A.
Portugal
- Crédito Predial Português
- Hispamer
- Santander Totta
Spain
Switzerland
- Santander Private Banking
United Kingdom
- Abbey (bank)
- cahoot
Latin American Operations Argentina
- Banco Santander Rio (formerly known as Banco Rio)
Brazil
- Banco Santander Brasil - formerly Santander Banespa, resultant of the merger of the following Santander-owned banks:
- Banespa
- Banco Santander Meridional (formerly Banco Meridional)
- Banco Santander Brasil (pre-2007) (formerly Banco Noroeste)
Chile
- Banco Santander(exBanco Santander Santiago)
Colombia
- Banco Santander Colombia
Mexico
- Banco Santander México (formerly Banco Santander Serfín)
Puerto Rico
- Banco Santander Puerto Rico
- Santander Overseas Bank
Uruguay
- Banco Santander Uruguay
Venezuela
- Banco de Venezuela
African Operations
- Attijariwafa Bank
North American Operations USA
- Santander Private Banking
- Sovereign Bank - The group owns 24.99% of the common stock of Sovereign Bank and has the option to buy the remaining shares. If they purchase the entire bank it would probably be renamed and Santander would have its first retail bank in the mainland United States, since they have been in Puerto Rico since 1976.
External links
- Group Website
- Banco Santander stock quote