Western Europe’s best bank 2022: Banco Santander
Euromoney, is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024
Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
AwardsAwards for Excellence

Western Europe’s best bank 2022: Banco Santander

Awards for Excellence

Full Results

Banking in Europe remains a national sport, with only a handful of domestic champions also running large businesses beyond their home markets. Banco Santander is recognized as the region’s best bank this year as a reflection of its progress in moving operations in Portugal, Spain and the UK onto a single operating platform along with those in Poland, which it also includes in its Europe division.

That division serves 46 million customers and contributes one third of the profits of a group that prizes geographic diversification as the best way to withstand periodic setbacks in different regions and countries.

Initiatives are common in corporate and investment banking, but ‘One Santander’ is different. In Europe, Santander already has credit cards on one platform and is moving to do the same for basic retail banking and mortgage lending. The idea is that a simpler, faster service offering will be easier for customers to use, will attract more of them and allow for efficiencies that will boost returns to shareholders.

Recent

Gift this article