The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Awards

World's best bank for SMEs 2016: Santander

The bank’s approach to SMEs is different and successful: it is international in scope and looks to help companies beyond just lending.

Awards for Excellence 2016

AfE 2016 logo-196 135

 

Also shortlisted: 

Bank of America Merrill Lynch 

Commerzbank

View full 2016 results 

Selecting the world’s best bank for small and medium-sized enterprises is a challenging task as banking for smaller corporate clients tends to be a domestic pursuit. As the pressure to provide credit to SMEs has grown since the financial crisis, few banks have put these firms front and centre of their global strategies.

Santander, however, has done just that. It has also shown that carefully identifying the needs of smaller firms and matching them with sensible solutions can work internationally.

Santander made clear the global nature of its commitment to SME financing with the launch of the Santander Advance initiative in 2014. SMEs are a strategic segment for the Spanish bank and generate 22% of its retail banking revenues in Europe. The global focus on the sector is therefore understandable and has quickly paid dividends. In Europe, business and customer engagement among participating companies has increased by 5% and 16% (compared with the segment average) since 2014 and client satisfaction rates among participants have doubled to between 8.5

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree