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Santander best global bank and CaixaBank best bank in Spain

Published on July 9, 2012

Santander best global bank and CaixaBank best bank in Spain

Last Thursday night, Euromoney held the Awards for Excellence. Santander was named best global bank in 2012 and CaixaBank was awarded best bank in Spain.

This award is not new for Santander. This is the third time that the financial magazine awards this bank during the last seven years. In addition to this title, Santander was also named Best Bank in five of its main markets: Argentina, Mexico, United Kingdom (Santander UK), Poland (Bank Zachodni WBK) and Portugal.

The British magazine highlighted Santander’s profits and solid balance during the financial turbulence that Spain and Europe are going through. Emilio Botín, Santander’s chairman, stressed the solvency and the “great geographic diversification” the bank has and stated that “solid capital and liquidity will be priority for the next years”. He was also thankful that a European bank was receiving the biggest award of the event, given the crisis.

As for CaixaBank, which was transformed into bank one year ago, this is its first Euromoney award. The Catalonian bank that has more than 13 million clients was named thanks to its financial solvency and its growth during the last years. Such growth reached assets amounting to 342,000 million Euros.

The dinner was held in London and was attended by distinguished businesspeople from all over the world to collect the awards given by the financial magazine, which has 145,000 readers worldwide.

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