Bankinter
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Bankinter, S.A.
(Pink Sheets:BKNTY)
(Spanish:BKT)
|
Paseo de la Castellana, no. 29 28046 Madrid, Spain Tel. +34-902-365-563 |
Type: Public
On the web:
http://www.bankinter.com
Employees:
4,363
Employee growth: 93.9%
Bankinter is not the biggest bank in Spain, but it may be the most technologically advanced. The company was founded in 1965 as a joint venture between what is now Grupo Santander and Bank of America. It is among the top six banks in Spain and offers a variety of consumer and business banking services through branches, agents, telephone services, and the Internet. Bankinter provides mutual and pension funds, mortgages, leasing, and securities brokerage. Bankinter pioneered Internet stock trading in Spain. The bank jazzes up operations that could be deemed plain vanilla by focusing on convenient, low-cost delivery and customer service.
Key numbers for fiscal year ending December, 2011:
Sales: $3,580.4M
One year growth: 20.0%
Net income: $243.4M
Income growth: 21.9%
Officers:
Chairman: Pedro Guerrero Guerrero
CEO: Maria Dolores Dancausa
Deputy General Manager, Financial Management and Investor Relations: Jacobo Díaz
Competitors:
BBVA
Banco Popular Español
Grupo Santander
Wikipedia on Answers.com:
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Bankinter
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| Type | Sociedad Anónima |
|---|---|
| Traded as | BMAD: BKT |
| Industry | Financial services |
| Founded | 1965 |
| Headquarters | Madrid, Spain |
| Key people | Pedro Guerrero (Chairman), María Dolores Dancausa (CEO) |
| Products | Retail and business banking |
| Revenue | €1.102 billion (2010)[1] |
| Profit | €150.7 million (2010)[1] |
| Total assets | €54.02 billion (end 2010)[1] |
| Total equity | €2.453 billion (end 2010)[1] |
| Employees | 4,540 (end 2010)[1] |
| Website | www.bankinter.com |
Bankinter, S.A., (Spanish pronunciation: [baŋˈkinter], BMAD: BKT), formerly known as Banco Intercontinental Español, is a Spanish commercial bank. Bankinter is currently the sixth-largest listed banking group in Spain.[2]
The biggest individual shareholder in the company is Crédit Agricole, which acquired around 20% in late 2007.[3] The Bank of Spain subsequently gave authorisation for CA to increase its stake to just below 30%,[4] but such a move has not yet been announced.
History
Banco Santander and Bank of America founded BankInter in 1965 as a joint venture, though neither is currently an owner. In 1972 it became fully independent of its founders and floated on the Madrid Stock Exchange, where its shares became one of the components of the IBEX 35.
References
- ^ a b c d e "Annual Results 2010" (PDF). Bankinter. https://www.bankinter.com/www/en-es/cgi/ebk+binarios?secc=WIM_INVF&subs=RESN&nombre=Triptico%20ingles%204t10.pdf. Retrieved 7 February 2011.
- ^ Barrett, Jane (17 January 2008). "Bankinter Confident After 2007 Net Up 74 Pct". Reuters. http://www.reuters.com/article/bankingFinancial/idUSL1755027020080117. Retrieved 2008-12-30.
- ^ House, Jonathan; Bjork, Christopher; Parasie, Nicolas (19 November 2007). "Credit Agricole to buy 19.53% of Bankinter". Dow Jones Newswires (MarketWatch). http://www.marketwatch.com/news/story/credit-agricole-buy-1953-bankinter/story.aspx?guid={D389C547-8732-4831-87DD-A0835E4C1D98}. Retrieved 2008-12-30.
- ^ Moya, Elena; Barrett, Jane (21 February 2008). "Spain Lets Credit Agricole Lift Bankinter Stake". Reuters. http://uk.reuters.com/article/bankingFinancial/idUKL2124605320080221. Retrieved 2008-12-30.
External links
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