Bankinter SA

XMUN:BAKA

Business Description

Sector

Financials

Industry

Banking

Headquarters

Spain ES

Employees

6 648

IPO date

Dec 14, 1989

Bankinter SA is a Spanish bank that takes deposits, makes loans, and offers everyday financial services to people and businesses. Its main products include checking and savings accounts, mortgages, consumer and business lending, payment cards, and online banking. It also serves larger clients with corporate banking, treasury services, and market-related financial products.

The bank earns most of its money from the spread between what it pays for funding, such as customer deposits and wholesale borrowing, and what it charges on loans and other credit products. It also collects fees from services like asset management, insurance distribution, payments, and advisory work. Its main customers are retail households, small and mid-sized companies, and larger corporate clients that need banking services and credit.

What makes Bankinter’s business model different is that it sits in the middle of the financial system as a lender, payments provider, and savings custodian. That means it benefits from long-term customer relationships and recurring interest and fee income rather than one-off sales. Like other banks, its business depends on credit quality, funding discipline, and trust, because it is effectively selling balance-sheet strength and financial intermediation.