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_01.jpg) Headquarters inMadrid, Spain | |
| Formerly | Banco Intercontinental Español |
|---|---|
| Company type | Sociedad Anónima |
| BMAD: BKT IBEX 35 | |
| ISIN | ES0113679I37 |
| Industry | Financial services |
| Founded | June 1965; 60 years ago (1965-06) |
| Headquarters | Madrid,Spain |
Key people | María Dolores Dancausa Non-executive Chair Gloria Ortiz (CEO) |
| Products | Retail andbusiness banking |
| Revenue |  €1.391 billion[1] (2019) |
| €2.054 billion[1] (2019) | |
| €550.665 million[1] (2019) | |
| Total assets | €83.732 billion[1] (2019) |
| Total equity | €4.799 billion[1] (2019) |
Number of employees | 6,078[1] (2019) |
| Website | www |
Bankinter, S.A. (Spanish pronunciation:[baŋˈkinteɾ]), is a Spanishfinancial services company headquartered in Madrid. It has been listed on theBolsa de Madrid since 1972, and is part of theIbex35 Index. It was founded in 1965 as an industrial bank through a joint venture betweenBanco Santander andBank of America.
Bankinter has been designated as a Significant Institution since the entry into force ofEuropean Banking Supervision in late 2014, and as a consequence is directly supervised by theEuropean Central Bank.[2][3]
Bankinter was founded under the nameBanco Intercontinental Español in June 1965 as an industrial bank through a joint venture by Banco de Santander and BankAmerica. In 1972 the bank became fully independent of its founders and transformed itself into a commercial bank.
In 1993, the bank embarked up on a growth strategy with Banca Partnet and Red Agencial. In the same year, it became the firstdigital bank, following the successful introduction of electronic banking. In 2006, the brand was transformed.[vague]
In 2009, Bankinter purchased 50% of the insurance companyDirect Line fromThe Royal Bank of Scotland.
In September 2015, Bankinter announced the acquisition ofBarclays' retail business in Portugal, consisting of 84 offices, and Barclays Life and Pensions, the latter in a joint-venture withMapfre. The bank paid approximately €100 million for Barclays' Portuguese subsidiary and €37.5 million for the 50% stake in the insurance company.
In May 2019, Bankinter acquiredEVO Banco, incorporating its 452,000 clients.[4]
Bankinter trades as Avant Money, which began asMBNA Ireland,[5] in theRepublic of Ireland.[6]
In April 2021, the spin-off and IPO of Línea Directa took place, reducing Bankinter's stake from 100% to 17.4% and generating capital gains of nearly 1 billion euros.[7]
In August 2023, the European Commission approved the acquisition of the Portuguese payment service provider Universo IME by Sonae, also from Portugal, and Bankinter Consumer Finance (BKCF).[8]
As at September 30, 2021, Bankinter had a network of 446 offices and 6,119 employees.
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| Portugal | |
| Slovenia | |
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| United Kingdom | |
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