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. Please see our Subscription Terms and Conditions.

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

World's best bank for SMEs 2017: Banco Santander

Two years into its small and medium-sized enterprise initiative, the bank is working hard at its focused sector offering. It is paying off.

Awards for Excellence 2017

© 2017 Euromoney   
Also shortlisted
   Lloyds Banking Group 
Press release
Full results

Santander launched its global initiative for small and medium-sized enterprises in 2015, so this year’s awards process provided a good opportunity to examine how much progress has been made. In terms of sheer numbers, there is no doubt that it has proved popular with the firms that it is designed to help: in 2015, there were 46,100 participants in the programme; in 2016, this number had jumped to 70,700. The goal for 2017 is for 90,000 firms to be involved. 

A key strength of the Spanish bank in this sector is its global approach to what is a very domestically focused activity. Santander has a global-team equivalent of 15 to 20 full-time staff led by the retail and commercial banking division, which works with other core units such as risk, universities, marketing and technology.

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.


Unlimited access to and

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


Unlimited access to and, 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


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