Banco Santander : Statement from Santander Group Executive Chairman Ana Botín on EU-Referendum
June 24, 2016 at 01:01 pm
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Boadilla del Monte, 24th June, 2016. In light of the result of the United Kingdom's referendum, Ana Botín, Santander Group Executive Chairman, said: 'Santander's purpose is to help people and business prosper in 10 core markets in Europe and the Americas. Our commitment to British businesses, customers and our people remains as strong as ever. Santander's unique business model - focused on retail banking - provides us with diversification and stability and is a source of great strength. The Group has proved its robustness throughout its history and has paid a dividend to its shareholders consistently for more than 50 years.'
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Banco Santander SA published this content on 24 June 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 24 June 2016 12:01:01 UTC.
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Banco Santander, S.A. is Spain's largest banking group. The activity is organized into three sectors:
- commercial banking: retail banking activities and specialized financial services (consumer loans, mortgages, etc.);
- investment, financial and market banking: classic and specialized financing (financing acquisitions, projects, etc.), financial engineering (consulting on mergers and acquisitions, stock transactions, etc.), intervention in the stock, rate and exchange markets, etc.;
- asset management and private banking. The group also develops bank insurance activities through Santander Seguros and Banesto Seguros.
At the end of 2023, the group managed EUR 1,047.2 billion in current deposits and EUR 1,036.3 billion in current credits.
The products and services are marketed via a network of 8,518 branches worldwide.