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Banco Santander Totta; Other major banks. Banco BIG; ... bailed-out by the Portuguese state in 2015 and sold to Banco Santander References. This page was ...
Banco Santander Totta S.A., also known as Banco Santander (Portugal), is a subsidiary of Spanish bank Banco Santander in Portugal. Founded in 1988, it is currently the largest private bank in Portugal. In 2000, the then Banco Totta was acquired by Santander Group, later changing its name to Banco
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.
Crédito Predial Português (literally Portuguese Land Credit) was a Portuguese financial organisation that was acquired by Banco Santander and became part of the group. [1] The institution was created at a time when, due to a change in the laws on the creation of public limited companies, 46 banks were created between 1863 and 1876. [2]
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Currently, novobanco is the 4th largest bank operating in the national market, [10] with 1.6 million customers, assets of 44 billion euros and a 9.8% market share in June 2023.
CGD also acquired the Mundial Confiança insurance company and Banco Totta & Comercial Sotto Mayor de Investimento, which it later renamed Caixa-Banco de Investimento. CGD acquired majority control of Banco Internacional de São Tomé e Príncipe. CGD sold Banco Bandeirantes to Brazil's Unibanco in return for a 12% share in Unibanco.
Following this, the Group changed its name to Banco Santander Totta. In 2000, he became chief executive [6] of Banco Santander Totta in Portugal. He also became executive vice president of Banco Santander in Spain and a member of its management committee. [7] He joined Abbey National as a non-executive director in November 2004. [10]