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Banco Santander México

#1886

Rank

$7.53B

Marketcap

MX Mexico

Country

Banco Santander México
Leadership team

Mr. Felipe Francisco García Asencio (CEO and Deputy Gen. Director of Corp. & Investment Banking)

Mr. Hector Blas Grisi Checa (Exec. Pres, Gen. Director, Director & CEO of Grupo Financiero Santander México)

Mr. Didier Mena Campos (VP of Admin. and Fin., CFO & Director)

Products/ Services
Banking, Cyber Security, Finance, Financial Services, Legal
Number of Employees
20,000 - 50,000
Headquarters
Madrid, Madrid, Spain
Established
1857
Company Registration
SEC CIK number: 0001698287
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
BSMX
Social Media
Overview
Location
Summary
Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México provides various banking products and services in Mexico. The company operates through Retail Banking and Corporate and Investment Banking segments. It offers various deposit products, such as current accounts, savings accounts, and time deposits, as well as certificates of interbank deposits; and payroll loans, personal loans, credit cards, mortgages, and insurance brokerage services. The company also provides cash management, working capital solutions, and trade finance; structured credit and debt products, project finance, and asset based finance; financial and strategic advisory services for mergers and acquisition; solutions and services for investing and hedging; and Internet and mobile banking services. It serves individuals, private banking clients, small and medium-sized enterprises, middle-market corporations, government institutions, and corporate and institutional customers. As of December 31, 2021, it operated through a network of 1,346 offices; 9,498 ATMs; and 2,540 contact center positions. The company was formerly known as Banco Santander (México), S.A., Institución de Banca Múltiple, Grupo Financiero Santander and changed its name to Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México in September 2012. The company was incorporated in 1932 and is headquartered in Mexico City, Mexico. Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México is a subsidiary of Grupo Financiero Santander México, S.A. de C.V.
History

The Mexican banking group Grupo Financiero InverMexico was founded in 1991. In 1997, the group was renamed Grupo Financiero Santander Mexicano, after the group was acquired by Banco Santander. In 1998, the group merged with Grupo Financiero Santander Mexico. In 2000, the group merged with sister group Grupo Financiero Serfin. The group was renamed to Grupo Financiero Santander Serfin in 2001.

In 2003, Bank of America purchased 24.9% stake of the group from parent company Banco Santander of Spain. In 2006, the group renamed again as Grupo Financiero Santander, S.A. de C.V. and later that year as Grupo Financiero Santander, S.A.B. de C.V. .

Mission
Our mission is to transform lives, helping our customers and communities around the world to achieve their financial dreams.
Vision
Our vision is to be the most trusted bank in Mexico, helping to build a better future for our customers and communities.
Key Team

Mr. Oscar Jose Hernando Moliner (Exec. Director of Operations & Processes)

Daniel Concepcion Perez (Chief Technology Officer of Mexico)

Mr. Hector Chavez Lopez (Exec. Director of Investor Relations & MD of IRO)

Lic. Fernando Borja Mujica (Dep. Gen. Director of Legal, Compliance Director & Sec. of the Board)

Mr. Rodrigo Brand de Lara (Deputy Gen. Director of Research, Strategy, Public Affairs & Chief of Staff of CEO)

Ms. Ana Felisa Lopez Escobar (Exec. Director of Human Resource)

Mr. Emilio de Eusebio Saiz (Deputy Gen. Director of Intervention & Control Management and Director)

Recognition and Awards
Banco Santander has won several awards, including the Most Helpful Bank in Mexico, Best Mobile Banking Experience, and Best Use of Technology in Banking.
References
Banco Santander México
Leadership team

Mr. Felipe Francisco García Asencio (CEO and Deputy Gen. Director of Corp. & Investment Banking)

Mr. Hector Blas Grisi Checa (Exec. Pres, Gen. Director, Director & CEO of Grupo Financiero Santander México)

Mr. Didier Mena Campos (VP of Admin. and Fin., CFO & Director)

Products/ Services
Banking, Cyber Security, Finance, Financial Services, Legal
Number of Employees
20,000 - 50,000
Headquarters
Madrid, Madrid, Spain
Established
1857
Company Registration
SEC CIK number: 0001698287
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
BSMX
Social Media