Banco Santander Totta S.A., also known as Banco Santander (Portugal), is a subsidiary of

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 ...

Portugal Portugal, officially the Portuguese Republic ( pt, República Portuguesa, links=yes ), is a country whose mainland is located on the Iberian Peninsula of Southwestern Europe, and whose territory also includes the Atlantic archipelagos of ...

. Founded in 1988, it is currently the largest private bank in

. In 2000, the then Banco Totta was acquired by

Santander Group 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 centre ...

, later changing its name to Banco Santander Totta. In 2004 the bank absorbed sister company

Crédito Predial Português Crédito Predial Português (literally ''Portuguese Land Credit'') was a Portuguese financial organisation that was acquired by Banco Santander and became part of the group. The bank was absorbed by Banco Santander Totta Banco Santander Totta S. ...

. In Portugal, the Banco Santander Totta has 670 branches (2017) of which 280 offer accessibility for people with reduced mobility and 1,898 ATM installed, which can be used by customers and non-customers, complying with the accessibility regulations. The bank currently has 6,781 employees and 4.7 million customers of which 558 thousand digital customers. In December 2015, the Banco Santander Totta purchased

Banco Internacional do Funchal Banif Financial Group ( pt, Banif - Grupo Financeiro) was a Portuguese international financial services group associated with Banco Internacional do Funchal. The company had a presence in Europe, South America, North America, Africa and Asia. In ...

for 150 million euros. In June 2017,

bought the

Banco Popular Español Banco Popular Español, S.A. () was the sixth largest banking group in Spain before it was bought by Banco Santander as part of a rescue package in June 2017. Components The group consisted of the following companies: national bank Banco Popular ...

for the symbolic value of 1 euro. The brand Banco Popular Portugal disappeared increasing the size of Banco Santander Totta. In 2018, Banco Santander Totta was renamed Banco Santander (Portugal), within the scope of the Banco Santander brand renewal strategy.

External links

Official Website
Banco Santander Banks of Portugal {{Portugal-stub