Wednesday, January 26

Santander was chosen as the Best Bank in Argentina by The Banker magazine

One of those solutions is Superdigital, a financial inclusion platform whose objective is to reach five million active clients by 2024 in several Latin American countries, such as Argentina, Brazil, Chile and Mexico.or, where it is already available. For its part, Santander’s Chilean subsidiary reached a historic year in customer acquisition thanks to the launch of its new Santander Life digital checking account. In Argentina, Santander continues to advance its plans to launch Openbank, the group’s 100% digital bank.

In addition, the magazine highlighted Getnet, the bank’s merchant payments or acquiring business, which was initially launched in Brazil and today operates in Latin America and Europe. Getnet is already the third largest acquirer in Latin America. It processed around € 90 billion in payments worldwide in four billion transactions in 2020 and today it has more than 1.2 million customers.

The Banker also recognized Santander’s fundamental role as a financing entity for renewable energy projects in America. In Argentina, the entity led the placement of the first sustainable bond in the country and was the placement of the first ON issued by a Civil Association (TECHO). This operation represented the first bond labeled as social in Argentina, consolidating the commitment to the development of sustainable products (ESG). In addition, Santander has just concluded an alliance – unprecedented in the country – with Enel X, to promote the transition to clean energy for SMEs and Argentine companies

In Brazil, for example, the bank has prioritized sustainable financing with new solutionsit is. Santander’s ESG activity in Brazil exceeded 27,000 million Brazilian reais (about 4,600 million euros) in 2020 alone and covered areas as diverse as clean energy financing, green bonds, sustainable agriculture and microcredits.

José Antonio Álvarez, CEO of Banco Santander,noted: “After a year of strong results and improved efficiency, we are pleased that the effort of our teams in America has been recognized with this award. We will continue working every day to strengthen our business and help people and companies to progress ”.

“We see significant growth opportunities in our business in America. We focus on increasing collaboration between countries to better serve our customers and enable trade flows between markets, and we also take advantage of technology to increase our customer base, “he added.

For his part, Alejandro Butti, CEO and Country Head of Santander Argentina, thanked The Banker: “For this distinction that encourages us to continue building the best open platform for financial services in the country. We have accelerated our cultural and digital transformation, to be where, when and how the client wants it ”.