Showing posts with label Santander. Show all posts
Showing posts with label Santander. Show all posts

Sunday, 13 July 2014

Analysis of Banco Santander


Banco Santander, a Spanish financial group

Company: Banco Santander

ISIN ES0113900J37 | WKN 858872

Business: A Spanish financial group heavy in retail banking. They have, besides from the retail banking which is their core, six divisions: Global Wholesale (services to institutions and corporations), Asset Management (savings and investment products), Global Private Banking (financial advice and wealth management for their wealthy customers), Insurance Santander (family insurance and saving products), Payment Methods (credit and debit cards) and finally Universities (they give scholarships, grants and awards. I assume they do this to tie up educated people that will go out and make on average more money, live in bought houses/flats etc.)

Active: Business in over 40 countries with a strong base in Europe and the US. They are also present in several countries in South America.

P/E: 20.2