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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 Santander Totta.
Banco Santander S.A. doing business as Santander Group (UK: / ˌ s æ n t ən ˈ d ɛər,-t æ n-/ SAN-tən-DAIR, -tan-, US: / ˌ s ɑː n t ɑː n ˈ d ɛər / SAHN-tahn-DAIR, Spanish: [ˈbaŋko santanˈdeɾ]), is a Spanish multinational financial services company based in Madrid and Santander in Spain.
The company was founded in 2003 as Banco Totta de Cabo Verde (BTCV) — a local subsidiary of the Portuguese Banco Totta & Açores acquired by Banco Santander in 2000. In October 2004 BTCV was acquired by the Cape Verdean company Sociedade para o Estudo e Promoção do Investimento , and in February 2005 its name was changed to the current ...
Banco Espírito Santo : bailed-out by the Portuguese state in 2014 and re-organised into Novobanco. Banco Português do Atlântico. Banco Português de Negócios : sold to the Angolese Bank Banco BIC in 2012. Banco Privado Português. Banif Financial Group : bailed-out by the Portuguese state in 2015 and sold to Banco Santander.
In 2000, he became chief executive of Banco Santander Totta in Portugal. He also became executive vice president of Banco Santander in Spain and a member of its management committee. He joined Abbey National as a non-executive director in November 2004. In August 2006, he moved to the UK, and became CEO of Abbey and its successor Santander UK.
Banif – SGPS, S.A. Banif Financial Group ( Portuguese: Banif - Grupo Financeiro) was a Portuguese international financial services group associated with Banco Internacional do Funchal. The company had a presence in Europe, South America, North America, Africa and Asia. In 2015, it was bailed-out by the Portuguese state and sold to Santander ...
Banco Santander Totta, Chairman of the Shareholders Meeting (2005-2016), Member of the Board of Directors; CTT Correios de Portugal, S.A., Member of the Board (until 2016) Non-profit organizations. International Gender Champions (IGC), Member (since 2018) International Migration Initiative, chairman of the Advisory Board
The government joined with two Portuguese banks, Banco Nacional Ultramarino and Banco Totta e Açores, to establish BISTP. The government owned 42%, and the two banks shared 52%. (The government had created National Bank of São Tomé and Príncipe in 1975 out of the branch of Banco Nacional Ultramarino.