Business Information
The group's principal activities are carried out through two business units: retail banking: provides lending in the form of consumer loans, credit cards, auto loans, commercial loans, foreign trade financing and residential mortgage loans to individuals, medium and small companies and micro-businesses. Wholesale banking: provides commercial lending, leasing, factoring, infrastructure construction financing, trade financing and financial advisory, payment and cash management services to medium-sized real estate companies and large domestic and multinational companies. It also provides a diversified range of treasury and risk management products to these customers. As of 31-Dec-2003, the group owned 345 total branches, 64 of which operated under the banefe brand name and 35 under the santiago express brand name. The remaining 246 branches are operated under the newly created santander santiago brand name.
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Year |
Sales |
Net Income |
| 2005 | 2,380,314 | 429,480 | | 2004 | 1,792,390 | 358,072 | | 2003 | 1,639,405 | 303,817
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