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The bank, maintains deposits of around US$7.7 billion (nearly 7% of the total), and a lending portfolio of US$6.4 billion (8% of the total); the 3.5 million Santander Argentina credit cards (a 13% market share) make it a close second as the largest issuer of these in Argentina, next to Galicia Financial Group. [2]
Banco Santander created Openbank in 1995, and launched a website for it in 1996. In 2000, after buying the Argentine portal Patagon.com for $540 million, Openbank changed its name to Patagon Internet Bank S.A., [2] a financial portal that combined traditional banking with digital features such as chatrooms and internet forums.
Wences Casares is an Argentinian entrepreneur and businessman in Silicon Valley. He is the CEO of Xapo, a bitcoin wallet startup, and the founder of several online companies, such as Patagon, Lemon Wallet, and Banco Lemon.
Learn about the history, operations, and subsidiaries of Banco Santander, the largest bank in Spain and one of the world's largest financial institutions. Find out how it merged with BCH, acquired Abbey National and ABN AMRO, and changed its name back to Banco Santander in 2007.
Citibank Argentina is a subsidiary of Citigroup that provides institutional services. It was founded in 1914 as the Buenos Aires branch of the National City Bank of New York and sold its retail division to Banco Santander Río in 2017.
Rank Bank name Total assets (2023) (US$ Billion) 1 Itaú Unibanco: 439.50 2 Banco do Brasil: 379.78 3 Banco Bradesco: 340.41 4 Caixa Econômica Federal: 300.63 5 Santander Brasil
The Central Bank of Argentina (BCRA) is the central bank of Argentina, established in 1935 and nationalized in 1946. It aims to promote monetary stability, financial stability, employment, and economic development with social equity.
Santander Bank is an American subsidiary of the Spanish Santander Group, operating mainly in the northeastern United States. It was founded in 1902 as Sovereign Bank and renamed in 2013, after acquiring several other banks and changing its headquarters to Boston.