Banco Santander Case Study

The history of Banco Santander s started on 15 May 1857, when at that point ruling Queen Isabel II marked an actual declaration that approved the connection of the establishing of the bank. Spain's existence in Latin American was at peak that time, and from its starting, Santander was connected to trade between its namesake ports and it was the fast growing trade and industry of Latin America. Santander spent the primary portion of the twentieth century purchasing up scores of Spanish banks, and not exclusively did it survive the Spanish Civil War and the two World Wars, the bank really developed at a quickened pace all through the majority of Europe's unsteadiness. In the 10 years between 1900 and 1919, Santander increased the size of its …show more content…
Addition to this, the group of the banking has the main business practice in the investment banking and also the investment in the pension banks. Geographically, Banco Santander has divided its global business into three main which are Continental Europe which covers all of the main group’s retail banking and management of the asset and insurance in which bank is the 3rd biggest in the country after doubling retail outlet presence in the year of 2008. In the year of 2008, Banco Santander has become a supreme ruler and increases its existence in North …show more content…
The bank was also able to grow and earn 5 times more the net operating income and its income increased by the percent of 19 and the ability of the bank for transferring the ability to its foreign subsidiaries has also been greatly affected and indicated by its driving down the cost to income ratio at the National Abbey from the value of 0.7 to 0.5. All these reasons made Banco Santander named as best bank of the world by “Euromoney” magazine in the year of 2005 and notifying its ability in growth of the many difficult markets and its strategies has main focus on the retail banking and its holding power for the execution (Planellas,