Bankinter

#2223

Rank

$6.03B

MarketCap ES

ES Spain

Country

Summary
Bankinter, S.A. provides various banking products and services to individuals and corporate customers, and small- and medium-sized enterprises in Spain. It offers salary, non-salary, professional, basic, currency, pension, business, and current accounts, as well as deposit products; and mortgages and loan products, as well as financing services. The company also provides saving and investment products, including profiled funds, sustainable investment funds, other managers funds, pension funds, and themed funds, as well as funds for beginners; regular investment plans; and advisory, customized investment, wealth management, and alternative investment products and services. In addition, it offers accident, home, life, funeral, health, mortgage payment protection, property, personal, and motor insurance products, as well as business insurance products. Further, the company provides various services, such as estate administration, switch, asset management, accounts management, and transfer services, as well as real estate and brokerage services. The company also offers retail, personal, private, commercial, and corporate banking products, as well as remote banking services. As of December 31, 2021, it operated through a network of 446 branches and 379 agents. The company was formerly known as Banco Intercontinental Español, S.A. and changed its name to Bankinter, S.A. in July 1990. The company was founded in 1965 and is headquartered in Madrid, Spain.

History

Bankinter was founded under the name Banco Intercontinental Español in June 1965 as an industrial bank through a joint venture by Banco de Santander and BankAmerica. In 1972 the bank became fully independent of its founders and transformed itself into a commercial bank.

In 1993, the bank embarked up on a growth strategy with Banca Partnet and Red Agencial. In the same year, it became the first digital bank, following the successful introduction of electronic banking. In 2006, the brand was transformed.In 2009, Bankinter purchased 50% of the insurance company Direct Line from The Royal Bank of Scotland.

In September 2015, Bankinter announced the acquisition of Barclays' retail business in Portugal, consisting of 84 offices, and Barclays Life and Pensions, the latter in a joint-venture with Mapfre. The bank paid approximately €100 million for Barclays' Portuguese subsidiary and €37.5 million for the 50% stake in the insurance company.

In May 2019, Bankinter acquired EVO Banco, incorporating its 452,000 clients.


Mission
Bankinter aims to provide quality products and services to its customers, always striving to meet their expectations and needs.

Vision
Bankinter is committed to providing its customers with innovative, convenient and secure banking services, to serve as a trusted partner for all their financial needs.

Key Team

Ms. María Paramés (Head of Employees, Corp. Communication & Quality)

Mr. Jacobo Diaz Garcia (Chief Financial Officer)

Mr. Iñigo Guerra Azcona (Director Gen. of Investment Banking Area, Head of Legal & Tax Division and Gen. Council)

Ms. Marta Centeno Robles (Director of Corp. Devel., Products & Markets)

Mr. David López Finistrosa (Director of Investor Relations)

Mr. Alfonso Ma Saez (Head of Consumer Fin.)

Mr. Julio Gabriel Zapatero Gaviria (Director Gen. & Chief Risk Officer)


Recognition and Awards
In 2018, Bankinter received the “Best in Class” award for customer service excellence at the European Banking Awards and was also recognized as “Best Bank in Spain” by Global Finance.

References
Bankinter
Leadership team

Mr. Pedro Guerrero Guerrero (Chairman)

Ms. Maria Dolores Dancausa Trevino (CEO & Exec. Director)

Mr. Alfonso Botin-Sanz de Sautuola y Naveda (Exec. VP of Board)

Products/ Services
Banking, Finance, Financial Services, FinTech, Insurance, Venture Capital
Number of Employees
1,000 - 20,000
Headquarters
Madrid, Madrid, Spain
Established
1965
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
BKT.MC
Social Media
Sat Feb 24 2024
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