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Bankinter, S.A. (), is a Spanish financial services company headquartered in Madrid. It has been listed on the
Bolsa de Madrid Bolsa de Madrid (; Madrid Stock Exchange) is the largest and most international of Spain's four regional stock exchanges (the others are located in Barcelona, Valencia, and Bilbao) that trade shares and convertible bonds and fixed income securiti ...
since 1972, and is part of the Ibex35 Index. It was founded in 1965 as an industrial bank through a joint venture between
Banco Santander Banco Santander, S.A., doing business as Santander Group (, , Spanish: ), is a Spanish multinational financial services company based in Madrid and Santander in Spain. Additionally, Santander maintains a presence in all global financial centr ...
and
Bank of America The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina. The bank ...
.


History

Bankinter was founded under the name ''Banco 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 first digital bank, following the successful introduction of electronic banking. In 2006, the brand was transformed. In 2009, Bankinter purchased 50% of the insurance company
Direct Line Direct Line is an insurance company based in Bromley, England. Founded in 1985, as the country's first direct car insurance company, it has since expanded to offer a range of general insurance products. Its policies are underwritten by the regul ...
from
The Royal Bank of Scotland The Royal Bank of Scotland plc (RBS; gd, Banca Rìoghail na h-Alba) is a major retail and commercial bank in Scotland. It is one of the retail banking subsidiaries of NatWest Group, together with NatWest (in England and Wales) and Ulster Ba ...
. In September 2015, Bankinter announced the acquisition of Barclays' retail business in Portugal, consisting of 84 offices, and Barclays Life and Pensions, the latter in a joint-venture with
Mapfre Mapfre, S.A. (, officially typeset MAPFRE) is a Spanish multinational insurance company, based in Majadahonda, Madrid. The name comes from the old mutual origin of the company (''Mutualidad de la Agrupación de Propietarios de Fincas Rústicas ...
. 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 acquired
EVO Banco EVO Banco, S.A.U. is a Spanish bank based in Madrid. EVO Banco was created by NCG Banco on March 12, 2012 as a division that would operate its assets outside the autonomous communities of Galicia, Asturias and the Province of León. As part of ...
, incorporating its 452,000 clients.


Office network

By September 30, 2021, Bankinter had a network of 446 offices and 6,119 employees.


Board of Directors

The Board of Directors is composed of the following members: The Secretary (non-Director) is Gloria Calvo Diaz.


See also

*
List of banks in Spain This is a list of banks in Spain. Spain has 10 banking groups that are directly supervised by the European Central Bank. As of September 2021, the "big four" in Spain are: * Banco Santander * BBVA * Caixabank * Banco Sabadell There were formerly a ...


References


External links

*
Bankinter profileAnnual Report 2014 Bankinter
Banks of Spain Companies based in Madrid Banks established in 1965 IBEX 35 1965 establishments in Spain Companies listed on the Madrid Stock Exchange Spanish brands Banks under direct supervision of the European Central Bank {{Spain-bank-stub