Awards for Excellence national winners 2025: Portugal

Best bank 2025: Santander

By pairing record profitability with sector-leading digital adoption, standout customer satisfaction, forward-looking sustainable finance and a deepening community role, Santander Portugal set a new benchmark for Portuguese banking in 2024. 

Santander Portugal sealed 2024 with a record €990 million in recurrent net profit, 11% higher than the previous year, while preserving the country’s leanest cost-to-income ratio at 25.5% and a common equity tier-1 buffer of 16%. Asset quality remained strong, with non-performing exposures at just 1.6%,

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