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Banco Santander Totta S.A., also known as Banco Santander (Portugal), is a subsidiary of Spanish bank Banco Santander in Portugal. Founded in 1988, it is currently the largest private bank in Portugal. In 2000, the then Banco Totta was acquired by Santander Group, later changing its name to Banco
Multibanco is a Portuguese interbank network.It is the largest interbank network in Portugal owned and operated by SIBS (Sociedade Interbancária de Serviços S.A.), that links the ATMs of 27 banks in Portugal, totaling 12,700 machines as of December 2014. [1]
Santander sponsored the UEFA Champions League for two years, from the 2018–19 season to 2020–21. [49] [50] Santander has also sponsored the main South American club competition Copa Libertadores since 2008 for the South American markets. [51] IIn Formula One, from 2007 to 2017, Santander was a corporate sponsor of the Ferrari and McLaren teams.
Portugal is a developed country with a high-income advanced economy and a high living standard. [ 1 ] [ 2 ] [ 3 ] It is the 5th most peaceful country in the world , [ 4 ] maintaining a unitary semi-presidential republican form of government.
Spain's Santander is in negotiations with about 210 employees in Portugal as part of a wider cost-cutting plan that affects 11% of its workforce there, a source with knowledge of the matter said.
It was founded in 1965 as an industrial bank through a joint venture between Banco Santander and Bank of America. Bankinter has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank. [2] [3]
In 2023, Novobanco was awarded "Bank of the Year in Portugal" by The Banker, a renowned publication within the Financial Times Group. This is a recognition of novobanco's dedication to its customers, consistently anticipating their needs and providing innovative, efficient, and transparent banking products and services, based on high ethical ...
42 Portugal. Toggle Portugal subsection. 42.1 Central bank. 42.2 Major banks. 43 Romania. ... Bradford & Bingley, savings and branch network now Santander UK; ...