Banco Santander Central Hispano is the largest bank in Spain and is part of the Santander Group which has large scale operations in the continents of Europe and South America. Its name is sometimes shortened to BSCH. Image File history File links Summary Uploaded by Greaterlondoner on 6th September 2005. ... Grupo Santander consists of a vast network of banking organisations with the majority based across Europe and Latin America. ...
Five Pillars
As part of the Santander Group, Banco Santander Central Hispano bases its strategy on its own business model, based upon a five pillar system. These are:
Customer-focused management
Efficiency
Credit risk quality
Capital discipline
"Multilocal" management with a global vision
Banking in Spain
Within Spain BSCH operates under a range of brand names including:
Santader Bank bought in 2004 the fifth bank of Great Britain (Abbey national Bank), now it is the third bank in the eurozone. Openbank is an online bank of Banco Santander and therefore part of Grupo Santander. ...
BancoSantanderCentralHispano is the parent bank of the leading financial and industrial group in Spain, SantanderCentralHispano Group, which performs banking and financial activities in the retail and wholesale markets.
BSCH Group had, as of 31st December 2000, 437.5 billion Euros in managed funds, 348.9 billion Euros in assets, 35 million customers and operations in 42 countries, including the leading retail financial franchise in Latin America and a number of strong European alliances forged with Royal Bank of Scotland, San Paolo-IMI, Societe Generale and Commerzbank.
BancoSantanderCentralHispano has a significant presence in the telecommunications industry, including a 2.85 % stake in Vodafone, the world leading mobile operator, and a 19% participation in ONO, a Spanish broadband cable operator with a franchise encompassing almost four million homes and 250,000 businesses.
BancoSantanderCentralHispano announced that Chase Nominees Ltd is interested in 628,718,461 ordinary shares, representing approximately 10.065% of the Company's issued share capital.
BancoSantanderCentralHispano SA announced that Antena 3 de Television, S.A (A3TV) has declared a transaction by which it would acquire, through the mechanisms described in its Material Fact number 71869, a 10% holding in such company presently held directly or indirectly by the Company.
BancoSantanderCentralHispano SA announced the approval from the Spanish Economic Ministry to allow Santador Seguros (its insurance subsidiary) to absorb Banesto Seguros.
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