Company Overview of Santander Consumer Finance, S.A.
Santander Consumer Finance, S.A., a consumer finance company, provides various financial products and services. It operates through the Automotive, Consumer Finance and Cards, Direct Finance, and Other Business segments. The company offers various financial products, including finance for buying new or used cars and motorbikes; durables finance; co-branded credit cards and private label cards; and insurance solutions comprising payment protection and car insurance. It also provides stock finance to car dealers to finance the acquisition of new and used cars in stock; industrial equipment leasing; deposits; personal loans; and debt consolidation services. The company offers its finance soluti...
Avda de Cantabria s/n
Boadilla del Monte
Founded in 1963
Key Executives for Santander Consumer Finance, S.A.
Chief Executive Officer and Director
General Manager of Administration, Operations and Management Control
General Managing Director and Director
General Managing Director
General Manager of Auto Network & General Products
Compensation as of Fiscal Year 2014.
Santander Consumer Finance, S.A. Key Developments
Banco Santander, S.A. and Santander Consumer Finance, S.A. Reach a Strategic Agreement with El Corte Inglés, S.A
Oct 7 13
Banco Santander, S.A. and Santander Consumer Finance, S.A. (Santander Consumer) announced that Santander Consumer has reached a strategic agreement with El Corte Inglés, S.A. (El Corte Inglés) in consumer finance and client financing which includes the acquisition to El Corte Inglés of a 51% interest in Financiera El Corte Inglés, E.F.C., S.A. (Financiera El Corte Inglés). El Corte Inglés will retain the remaining 49%. The transaction values Financiera El Corte Inglés in EUR 415 million. It is expected that El Corte Inglés will receive prior to closing a special dividend of approx. EUR 140 million. Thus, Santander Consumer will pay a price of approx. EUR 140 million for the 51% stake of Financiera El Corte Inglés. Financiera El Corte Inglés will have a seven member Board, of which Santander Consumer will appoint four members and El Corte Inglés the remaining three. Closing of the transaction is conditional upon, inter alia, the required regulatory and antitrust approvals. It is expected that closing will take place in the first quarter of 2014.
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