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What are the objectives of the Santander Group?
The Group has reaffirmed its medium-term objectives, which include an underlying return on tangible equity (RoTe) of 13%-15% and a fully loaded CET1 ratio of 11%-12%. The bank is also undertaking to reduce the cost-to-income ratio to below 45% and increase the payout (percentage of profit that goes to dividends) to 40%–50%.
What are the three drivers of Banco Santander?
Technology, talent and size are the three cornerstones on which Banco Santander will execute its strategic plan in the medium term in order to increase growth and drive profitability.
How to contact Santander UK for business banking?
For medium to large sized businesses that would like a relationship managed service or have comprehensive banking, international or lending needs, email us at commercialenquiries@santander.co.uk or take a look at Corporate and Commercial Banking.
What's the new road map for Banco Santander?
The institution brought together financial analysts in London to present its new road map, which includes the allocation of more than €20 billion to digital transformation and technology over the next four years to improve customer experience and increase trust and loyalty, in addition to reducing costs.
Last Update: Oct 2021
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