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It is the first time Santander has won three global categories at the Euromoney Awards for Excellence.
The bank has also received three regional awards: ‘Best Bank in Latin America’, ‘Latin America's Best Bank for Wealth Management’ and ‘Western Europe's Best Bank for SMEs’, as well as being named the best bank in Argentina, Chile, Mexico, Poland, Portugal and Uruguay.
Madrid, 13 July 2023.
Santander has received three global awards for the first time at the 2023 Euromoney Awards for Excellence: ‘World’s Best Bank for SMEs’; ‘World’s Best Bank for Financial Inclusion’ and ‘World’s Best Bank for the Emerging Markets’.
For the SME award, the magazine highlighted how Santander is “mixing advisory with products to power growth alongside clients” and “embracing the opportunity for relationship-forging that is presented in the SME segment through both financial and non-financial support.”
It is the third time in six years that Santander has been named the best bank in the world for SMEs and the third year in a row that the bank has been named ‘World's Best Bank for Financial Inclusion’. Santander has financially empowered more than 10 million people since 2019 and aims to provide access and finance to a further five million people by 2025. As part of these financial inclusion programs, Santander granted €950 million in microcredits in 2022, primarily in Brazil and Mexico.
The publication also highlighted Santander’s success in Latin America, naming it as the best bank in the region, and ‘Latin America's Best Bank for Wealth Management’. According to Euromoney, the bank “has the ability to operate locally with the depth of a domestic bank, while optimising the advantages of its global network”.
Supporting SMEs and enabling greater financial inclusion are central to our purpose of helping people and businesses prosper. These awards are a testament to the success of the strategy we set back in 2015, and the hard work and dedication of our teams in Europe and the Americas in making it happen and delivering sustainable results. We are grateful to Euromoney for recognizing their efforts.
In addition, Santander was recognized as the best bank in Argentina, Chile, Mexico, Poland, Portugal and Uruguay. And as well as the global SME award, Santander was also named ‘Western Europe's Best Bank for SMEs’.
Banco Santander (SAN SM, STD US, BNC LN) is a leading commercial bank, founded in 1857 and headquartered in Spain. It has a meaningful presence in 10 core markets in the Europe, North America and South America regions, and is one of the largest banks in the world by market capitalization. Santander aims to be the best open financial services platform providing services to individuals, SMEs, corporates, financial institutions and governments. The bank’s purpose is to help people and businesses prosper in a simple, personal and fair way. Santander is building a more responsible bank and has made a number of commitments to support this objective, including raising €220 billion in green financing between 2019 and 2030. In the first quarter of 2023, Banco Santander had €1.2 trillion in total funds, 161 million customers, 9,000 branches and 210,000 employees.