Santander Private Banking, named ’Best Private Bank’ in Spain by The Banker magazine

 Santander Private Banking has been named ‘Best Private Bank in Spain’ by The Banker for the second year in a row. It was also recently named ‘Best Private Bank’ in Spain by Global Finance magazine.

Victor Matarranz, the director of Banco Santander´s Wealth Management division, which includes private banking and asset management globally, said: “Our Private Banking teams are doing an exceptional job of bringing our unique value proposition to clients, providing them with investment advisory that is adapted to each profile and available throughout the world. We continue to increase our presence in the Spanish market and I thank The Banker and Global Finance for recognizing our efforts and the value of our model. Congratulations to Adela Martin and the entire team”.

The head of Santander Private Banking in Spain, Adela Martín, said, “This prestigious award given to us by The Banker for the second year in a row, is recognition of the dedication and experience of the entire private banking team, and of the consolidation of our specialized model which focusses on remaining close to our clients and is supported by our specialists and branch network. It’s no coincidence that we were the first entity in Spain to receive AENOR certification for excellence in private banking advisory services”.

Santander Private Banking offers clients personalized service thanks to a team of specialized private bankers in Spain, Brazil, Chile, Mexico, Portugal, UK, US, Poland and Argentina. It has a network of more than 100 offices specialized in private banking that employ 1,800 professionals. It closed the first half of 2018 with $209,000 million in assets under management throughout the world.

The Banker magazine, part of the Financial Times group, was founded in 1926. Its annual Global Private Banking awards, now in their tenth year, are considered the sector’s most prestigious. The candidates are evaluated by a panel of 15 independent experts that analyze their growth, progress in strategic plans and profitability, as well as the quality of their relationship with clients and management of assets.

Banco Santander (SAN SM, STD US, BNC LN) is a leading retail and commercial bank, founded in 1857 and headquartered in Spain. It has a meaningful market share in 10 core countries in Europe and the Americas, and is the largest bank in the euro zone by market capitalization. As of June 30 2018, Banco Santander had EUR 981 billion in customer funds (deposits and mutual funds), 140 million customers, 13,482 branches and 200,000 employees. Banco Santander made attributable profit of EUR 3,8 billion in the first half of 2018, an increase of 4% compared to the previous year.