trending Market Intelligence /marketintelligence/en/news-insights/trending/o0kdvZ08MhpKID6eRZZT3g2 content esgSubNav
In This List

Banco Santander begins initial phase of Banco Popular's integration

Blog

Insight Weekly: Bank boards lag on gender parity; future of office in doubt; US LNG exports leap

Blog

Insight Weekly: Job growth faces hurdles; shale firms sit on cash pile; Africa's lithium future

Podcast

Street Talk | Episode 99 - Higher rates punish bond portfolios, weigh on bank M&A

Blog

Insight Weekly: Loan growth picks up; US-China PE deals fall; France faces winter energy crunch


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.