Research and Markets: Banco Santander Was Ranked the Seventh Largest Bank in the World in Terms of Profits, for the Fiscal Year 2006

Business Wire, Jan 14, 2008

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c79405) has announced the addition of "Premium Company Profile: Banco Santander Central Hispano S.A." to their offering.

Introduction

With revenues of E22,615.4 million in the fiscal year 2006, Banco Santander Central Hispano (Banco Santander or the group) is a leading Spanish banking group. This profile offers a comprehensive review of their operations and performance.

Scope

Contains corporate strategy, value chain presence and SWOT Analysis

Provides detailed business description, segment analysis, 5-year financial trends, key products and key competitors

Includes information on suppliers/ partners, shareholding structure and key employees with biographies

Highlights

Banco Santander has a powerful presence in the countries it operates in. It was the 12th largest banking group in the world and the largest banking group in the Eurozone, by market capitalization at the end of 2006. Banco Santander was ranked the seventh largest bank in the world in terms of profits, for the fiscal year 2006. Banco Santander, in collaboration with Fortis and RBS, acquired ABN AMRO in 2007. Banco Santanders acquisition of ABN AMROs selected businesses will expand its international operations by a significant scale. Banco Santander expects the acquisition to be 5.3% accretive to EPS by the end of 2010 and expects a return on investment of 12.7% in 2010. Driven by the strong revenue growth and improved operational efficiency, Banco Santander recorded 46.2% growth in operating income, nearly three times the revenue growth of 17% in 2006. The cost-to-income ratio improved to 54.4% in 2006, from 58.2% in 2005, due to efficient management of costs.

Reasons to Purchase

Access all the important information and analysis on the company in a single report

Understand company's strengths, weaknesses, opportunities and threats along with business strategy and value chain

Gain access to company's adjusted five year financial data along with key ratios and market capitalization

For more information, visit http://www.researchandmarkets.com/reports/c79405.> Source: Datamonitor

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