SBP

Type: Public
On the web: http://www.santandernet.com
Employees: 1,768
Employee growth: (32.6%)

Sea and sand are hallmarks of Puerto Rico's geography, and Santander BanCorp is a hallmark of the island's economy. The holding company owns Banco Santander Puerto Rico, one of the largest banks in the commonwealth, providing commercial, consumer, and mortgage banking services through some 70 branches and more than 150 ATMs on the island, and on the Web. Business loans (about 60% of the bank's loan portfolio) and construction loans (some 20%) dominate the bank's lending activities. Subsidiaries provide securities brokerage, asset management, insurance, consumer lending, and international banking services. It is a subsidiary of Spain's Grupo Santander.

Key numbers for fiscal year ending December, 2008:
Sales: $504.2M
One year growth: 9.6%
Net income: $10.5M

Officers:
Chairman, Santander BanCorp and Banco Santander: Gonzalo de Las Heras
President, CEO, and Director, Santander BanCorp and Banco Santander Puerto Rico: Juan S. Moreno Blanco
EVP and Chief Accounting Officer: Roberto Jara

Competitors:
Doral Financial
First BanCorp (Puerto Rico)
Popular, Inc.

The initials SBP may represent, among other things:

• St. Bernard Project
• Sekolah Berasrama Penuh, a school system for excellent students in Malaysia
• in medicine,
  • Spontaneous bacterial peritonitis
  • Systolic blood pressure
• the New York Stock Exchange ticker symbol of ADRs for Santander Central Hispano, a major international bank based in Spain
• the State Bank of Pakistan, the central bank of Pakistan
• the IATA airport code for San Luis Obispo County Regional Airport in California, United States
• Serial Bus Protocol 2, a method of personal computer communication with peripheral devices
• the Survivor Benefits Plan, a pension paid to survivors of active duty members of the United States armed forces
• the School Breakfast Program of the Food & Nutrition Service of the US Department of Agriculture, for needy children
• the SIL International code for Sangu, a language of Tanzania
• the Swatantra Bharat Party, the Liberal Party of India
• the Schweizerische Bürger Partei, a political party in Switzerland
• the Standard Banter Procedure, a British organisation which studies the art of banter
• the Samahang Basketbol ng Pilipinas, the national basketball federation of the Philippines
• Student Body President, an office in some forms of student government
• Strategic Business Partners, a consulting firm in Schaumburg, IL
• Saint Bernard Preparatory School, a Roman Catholic secondary school in Cullman, Alabama
• Schlaich Bergermann & Partner, a structural engineering firm in Germany and the United States
• Scannerless Boolean Parser, a scannerless GLR parser generator for boolean grammars
• Sambalpur, a City in the western part of Orissa state in India.
• Scotiabank Place, a hockey arena in Ottawa, Ontario.

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