Bankinter

Bankinter, S.A.

Headquarters in Madrid, Spain
Formerly	Banco Intercontinental Español
Company type	Sociedad Anónima
Traded as	BMAD: BKT
ISIN	ES0113679I37
Industry	Financial services
Founded	June 1965; 58 years ago (1965-06)
Headquarters	Madrid, Spain
Key people	Pedro Guerrero (Chairman) María Dolores Dancausa (CEO)
Products	Retail and business banking
Revenue	€1.391 billion^[1] (2019)
Operating income	€2.054 billion^[1] (2019)
Net income	€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.com

Bankinter, S.A. (Spanish pronunciation: [baŋˈkinteɾ]), is a Spanish financial services company headquartered in Madrid. It has been listed on the Bolsa de Madrid 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 and Bank of America.

Bankinter has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.^[2]^[3]

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.^[vague]

In 2009, Bankinter purchased 50% of the insurance company Direct Line from The Royal Bank of Scotland.

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. 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, incorporating its 452,000 clients.^[4]

Bankinter trades as Avant Money, which began as MBNA Ireland,^[5] in the Republic of Ireland.^[6]

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:

President	Pedro Guerrero Guerrero
Vice President	Cartival, S.A.
CEO	María Dolores Dancausa Treviño
Board member	Marcelino Botín-Sanz de Sautuola y Naveda
	Gonzalo de la Hoz Lizcano
	Rosa María García García
	Fernando Masaveu Herrero
	Rafael Mateu de Ros Cerezo
	María Teresa Pulido Mendoza
	Jaime Terceiro Lomba

The Secretary (non-Director) is Gloria Calvo Diaz.

References

^ ^a ^b ^c ^d ^e ^f "Bankinter, S.A.: Annual Report 2019" (PDF). Retrieved 19 November 2020.
^ "The list of significant supervised entities and the list of less significant institutions" (PDF). European Central Bank. 4 September 2014.
^ "List of supervised entities" (PDF). European Central Bank. 1 January 2023.
^ Alconada, Ángeles Gonzalo (2019-05-31). "Bankinter cierra la compra de EVO y su filial de consumo irlandesa por 65,8 millones". Cinco Días (in Spanish). Retrieved 2020-02-08.
^ Gleeson, Colin (September 14, 2020). "Avant Money enters mortgage scene with lowest rate on Irish market". The Irish Times.
^ Brady, Niall (6 June 2023). "Avant Money loan book soars to €1bn".

External links

Official website
Bankinter profile
Annual Report 2014 Bankinter

IBEX 35 companies of Spain

v t e Members of the Euro Banking Association
Austria	Bank für Tirol und Vorarlberg BKS Bank Erste Group Bank Oberbank Oesterreichische Nationalbank Raiffeisen Bank International Raiffeisenlandesbank Oberösterreich UniCredit Bank Austria
Belgium	Belfius BNP Paribas Fortis bpost bank KBC Bank
Cyprus	Bank of Cyprus Hellenic Bank
Denmark	Danske Bank Spar Nord Bank Sparekassen Sjælland Sydbank
Finland	Aktia Bank Bank of Åland DnB Bank Nordea Bank Pohjola Bank S-Bank
France	BNP Paribas BPCE BRED Banque Populaire Crédit Agricole Crédit Mutuel Arkéa My Money Bank La Banque postale Société Générale
Germany	Bank of America Europe (USA) Bank of China (CHN) Berenberg Bank Commerzbank Deutsche Bank Deutsche Bundesbank DZ Bank Landesbank Baden-Württemberg Landesbank Hessen-Thüringen SECB Swiss Euro Clearing Bank Standard Chartered UBS Europe Unicredit
Greece	Alpha Bank Eurobank Ergasias National Bank of Greece
Hungary	OTP Bank
Ireland	Allied Irish Banks Bank of Ireland Elavon
Italy	Banca del Fucino Banca Monte dei Paschi di Siena Banca Popolare del Lazio Banca Popolare di Sondrio Banca Sella Banco BPM BFF Bank BPER Banca Cassa di Risparmio di Fermo Credito Emiliano ICCREA Banca Intesa Sanpaolo Raiffeisen Landesbank Südtirol UniCredit
Luxembourg	Spuerkeess Banque Internationale à Luxembourg Gazprombank Luxembourg (RUS)
Netherlands	ABN AMRO De Nederlandsche Bank ING Bank Rabobank
Portugal	Banco BAI Europa (AGO) Banco BCP Banco Montepio Crédito Agrícola
Slovenia	Bank of Slovenia
Spain	Abanca BBVA Banco Cooperativo Español Banco Sabadell Banco Santander Bankinter CaixaBank Cecabank Ibercaja Banco Kutxabank Unicaja Banco
Sweden	Handelsbanken SEB Swedbank
United Kingdom	Barclays Citibank Europe (USA) HSBC Bank JPMorgan Chase Bank, London Branch (USA) Lloyds Bank MUFG Bank (JPN) NatWest Wells Fargo (USA)