Santander: 2018 ROTE target increased to >11.5% from >11.0%
All targets confirmed
Santander’s Chairwoman, Ms. Ana Botín, confirmed all targets announced in previous Investors’ Days and revised upwards the 2018 ROTE target to >11.5% from >11.0%.
Banco Santander is a holding company, providing a range of financial products. Co.'s products and services include: retail banking business that covers all customer banking businesses; wholesale banking business; as well as asset management and insurance business. Co.'s principal operations are in Spain, the U.K., Portugal, Germany, Italy and Latin America. As of Dec 31 2014, Co.'s total assets amounted to Euro1,266,296,000,000 and total customer deposits amounted to Euro647,627,000,000.
Bankinter S.A. is a Spanish brokerage firm established in 1989. The company's line of business includes the provision of market research and trading services for Equity and Fixed Income products.
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