Edition:
India

Banco Santander SA (SAN.MC)

SAN.MC on Madrid SE C.A.T.S.

5.16EUR
23 May 2018
Change (% chg)

€-0.10 (-1.86%)
Prev Close
€5.26
Open
€5.25
Day's High
€5.25
Day's Low
€5.12
Volume
40,311,965
Avg. Vol
37,315,944
52-wk High
€6.09
52-wk Low
€5.11

Latest Key Developments (Source: Significant Developments)

Poland's BZ WBK Expects Net Profit To Rise In 2018 YoY
Tuesday, 24 Apr 2018 

April 24 (Reuters) - POLAND'S BANK ZACHODNI WBK ::THE BANK IS STILL ESTIMATING REBRANDING COSTS, IT CANNOT DISCLOSE ANY NUMBERS NOW, CEO MICHAL GAJEWSKI, SAYS ON TUESDAY AT A PRESS CONFERENCE .GAJEWSKI SAYS BZ WBK REBRANDING TO SANTANDER BANK POLSKA WILL START IN Q3 AND ITS COSTS WILL BE SPREAD OVER TWO YEARS.CEO ALSO SAYS EXPECTS NET PROFIT TO RISE IN 2018 VERSUS 2017.IN Q1 BANK'S NET PROFIT HAS FALLEN 3 PCT Y/Y nW8N1LB01Z.CEO SAYS CAN'T EXCLUDE FURTHER BANKS TO BE PUT UP FOR SALE THIS YEAR.GAJEWSKI ADDS THAT "THE CONSOLIDATION IS UNAVOIDABLE AND SOME OWNERS MAKE THESE DECISIONS. ...OUR STRATEGY IS AN ORGANIC GROWTH STRATEGY BUT IF NEW OPPORTUNITIES APPEAR AND WILL BE ATTRACTIVE FOR US COST-WISE THEN WE WILL CONSIDER ALL OF THEM"."IT MAY NOT BE RULED OUT," HE ADDED WHEN ASKED, IF THERE WOULD BE ANYTHING FOR SALE IN 2018.  Full Article

Poland's BZ WBK To Aim To Maximise Dividends
Tuesday, 24 Apr 2018 

April 24 (Reuters) - POLAND'S BZ WBK ::"WE WILL AIM TO MAXIMISE DIVIDENDS IN THE FUTURE", POLAND'S BZ WBK CEO, MICHAJ GAJEWSKI, SAYS ON TUESDAY AT A PRESS CONFERENCE.THE BANK ANNOUNCED EARLIER IN APRIL THAT IT DOES NOT PLAN PAYING DIVIDEND FOR FY 2017 BUT IT PLANS A DIVIDEND OF 3.10 ZLOTYS PER SHARE FROM UNDIVIDED PROFITS FROM FY 2016 nFWN1RU0MV.BANK'S DECISION IS IN LINE WITH POLAND'S FINANCIAL MARKET REGULATOR (KNF) RECOMMENDATION ISSUED IN MARCH nL8N1R13SB.  Full Article

Santander says Banco Popular has 4 bln euros of deferred tax credits
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Banco Santander SA ::Says Banco Popular has 4 billion euros ($4.89 billion) of deferred tax credits.  Full Article

Santander still looking into options for Allianz unit inherited from Popular
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Spain's Banco Santander CEO Jose Antonio Alvarez::Says still looking into options for Allianz business unit it inherited when it bought Banco Popular.Says does not see a credit bubble in Spain right now.  Full Article

Santander rules out any further acquisitions in Spain
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Banco Santander SA CEO Jose Antonio Alvarez::Rules out any further acquisitions in Spain and says the bank is focused on Popular integration.  Full Article

Santander considering reducing Spanish real estate exposure further
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Banco Santander SA CEO Jose Antonio Alvarez ::Says Santander considering further reducing its Spanish real estate exposure in blocks or on a one-by-one basis.  Full Article

Santander sees slight improvement in net interest income in Spain in coming quarters
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Banco Santander SA CEO Jose Antonio Alvarez::Says sees slight improvement in net interest income in Spain in coming quarters.Says is optimistic about future trends in its U.S. unit.  Full Article

Santander: Boards Agree On Merger By Absorption Of Banco Popular By Banco Santander
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Banco Santander SA ::BOARDS AGREE ON MERGER BY ABSORPTION OF BANCO POPULAR, S.A.U. BY BANCO SANTANDER.  Full Article

Santander Launches Blockchain-Based Foreign Exchange Service In Four Countries
Thursday, 12 Apr 2018 

April 12 (Reuters) - Banco Santander SA ::LAUNCHES BLOCKCHAIN-BASED FOREIGN EXCHANGE SERVICE IN FOUR COUNTRIES.  Full Article

Banco Santander to cut scrip dividend payment to boost cash payment
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - Chairman of Spain's Banco Santander ::SAYS PLANS TO GRADUALLY REDUCE AMOUNT PAID IN SCRIP DIVIDEND TO INCREASE CASH DIVIDEND PROPORTION.SAYS IS NOT PLANNING ANY ACQUISITIONS IN EUROPE, BUT IS PLANNING ON ROLLING OUT DIGITAL INITIATIVES.SAYS PLANS ON MAINTAINING BUSINESS UNITS IT INHERITED FROM POPULAR.  Full Article

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British peer appointed to dole out $1 billion in RBS grants

LONDON The leadership team for a body set up to hand out 775 million pounds ($1.1 billion) in grants to Britain's smaller banks was appointed on Wednesday, clearing the way for applications to open in the coming months.