Bankinter

History

Bankinter was founded in June 1965 as a Spanish industrial bank through a joint venture by Banco de Santander and The Bank of America. It was listed on the Madrid stock Exchange in 1972, at which time 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 made a capital investment purchasing 50% of Direct Line from The Royal Bank of Scotland.

In September 2015, Bankinter announced the acquisition on Barclays retail business in Portugal, consisting of 84 offices and Barclays Life and Pensions, the latter in a joint-venture with Mapfre.

The bank paid approximately 100 million euros for the Portuguese subsidiary of the British Bank and 37.5 million euros for the 50% stake in the insurance company.

Office Network

By December 31, 2015, Bankinter had a network of 509 offices and 4,405 employees (4,386 in Spain and 19 abroad)

The Board of Directors

The Board of Directors is composed of the following members:

The Secretary (non Director) is Gloria Calvo Diaz