The bank stated that recurring profits (which exclude capital gains arising from the sale of a business to a group company) rose 90.4% to 568.5 million euros.
Santander Totta is owned by the Spanish group Santander, which presented in Spain, profits of 9,605 million euros last year, a record value that represents an increase of 18% compared to 2021.
They make money on charging folks to keep savings in the bank, then in turn pay garbage interest on your savings. A win/win…. Thank you again greed.
By a V from Algarve on 02 Feb 2023, 12:58
Santander pay the lowest dividends to savers in the world.plus customers are giving the bank on average 300e a year by using their cards in supermarkets alone in charges
By Karl blore from Algarve on 02 Feb 2023, 14:40