trending Market Intelligence /marketintelligence/en/news-insights/trending/o0kdvZ08MhpKID6eRZZT3g2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Banco Santander begins initial phase of Banco Popular's integration

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


Banco Santander begins initial phase of Banco Popular's integration

Banco Santander SA has begun the initial phase of Banco Popular Español SA's rebranding ahead of Popular's full operational integration into Santander, which is scheduled for 2019.

Over a period of two weeks from Oct. 4, more than 1,200 Banco Popular branches in Spain and the offices of its subsidiary Banco Pastor offices in Galicia will change their signage to include the Banco Santander corporate logo.

The move is part of Banco Santander's strategy to welcome Banco Popular's 4 million customers, after competition authorities approved Santander's rescue acquisition of Popular on Aug. 8.

Banco Santander said Banco Popular customers will be able to withdraw cash at no charge at 7,500 Banco Santander and Banco Popular ATMs in Spain, and retail and independent professional customers at both banks will be able to transfer euro amounts between both banks without cost.