Banco Santander SA

XBER:BSD2

Banco Santander is a large bank that takes deposits, makes loans, and handles payments for people and businesses. It serves retail customers, small and medium-sized companies, and larger corporate and institutional clients through branches, digital channels, and specialist banking teams. Its main products include current accounts, mortgages, consumer loans, business lending, credit cards, and everyday banking services. The bank makes money mainly from the spread between what it pays on deposits and what it earns on loans, plus fees from card use, account services, payments, foreign exchange, asset management, and insurance distribution. It also earns from wealth management and from serving companies with financing, cash management, and capital markets services. What sets Santander apart is its role as a broad relationship bank rather than a single-product lender. It sits at the center of everyday financial activity for households and businesses, funding loans with customer deposits and using its banking network and technology to cross-sell multiple services to the same client.