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Banco Santander S.A. trading as Santander Group (UK: / ˌ s æ n t ən ˈ d ɛər,-t æ n-/ SAN-tən-DAIR, -tan-, US: / ˌ s ɑː n t ɑː n ˈ d ɛər / SAHN-tahn-DAIR, [2] [3] Spanish: [ˈbaŋko santanˈdeɾ]), is a Spanish multinational financial services company based in Santander, with operative offices in Madrid.
This is a list of banks in Spain. Spain has 10 banking groups that are directly supervised by the European Central Bank. As of September 2021, the "big four" in Spain are: Banco Santander; BBVA; CaixaBank; Banco Sabadell
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Santander Bank, N. A. (/ ˌ s ɑː n t ɑː n ˈ d ɛər /) is an American bank operating as a wholly-owned subsidiary of the Spanish Santander Group. It is based in Boston and its principal market is the northeastern United States .
Openbank is a direct bank headquartered in Madrid, Spain. [2] Since its foundation in 1995, it has been a subsidiary of Grupo Santander. According to the Spanish Banking Association, nearly 1,350,000 accounts had been registered with the bank as of 2016. Openbank currently operates in Spain, Portugal, Germany, the Netherlands and the United States.
The Central Bank was founded in 1919, growing alongside the Spanish industry, but faced challenges in the 1970s. The Hispano Americano Bank, established in 1900, inherited a portfolio from Banco Urquijo that heavily exposed it to the industrial sector. In 1985, banker Claudio Boada restructured it, [3] shifting its focus to loans and deposits.
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Fish and seafood dominate the local cuisine. Santander notably houses the headquarters of multinational bank Banco Santander, which was founded there. The city has a mild climate typical of the Spanish northern coastline with frequent rainfall and stable temperatures. Cold snaps and heat waves are very rare.