July 30, 2016 8:04 PM ET

Banks

Company Overview of Santander Consumer Finance, S.A.

Company Overview

Santander Consumer Finance, S.A. operates as a specialized consumer finance bank. 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; co-branded credit cards and private label cards; debt consolidation services; deposits; durables finance; and industrial equipment leasing services. It also provides insurance solutions comprising payment protection and car insurance; personal loans; and finance to car dealers for the acquisition of new and used cars in stock. The company offers its finance solutions primarily through point-of-sa...

Avenida de Cantabria s/n

Edificio Dehesa

Boadilla del Monte

Madrid,  28660

Spain

Founded in 1963

9,348 Employees

Key Executives for Santander Consumer Finance, S.A.

Chief Executive Officer and Director
Age: 60
General Manager of Administration, Operations and Management Control
General Managing Director and Director
General Manager of Auto Network & General Products
Compensation as of Fiscal Year 2016.

Santander Consumer Finance, S.A. Key Developments

Banque PSA Finance, Santander Consumer Finance launch JV in Netherlands

Banque PSA Finance said its joint venture with Santander Consumer Finance began operations in the Netherlands, effective February 4, 2016. The joint venture will provide wholesale financing to Peugeot, Citroën and DS dealers in the Netherlands, as well as retail financing to the dealers' customers.

Banque PSA Finance Set Up Two Joint Ventures with Santander Consumer Finance in Spain and Switzerland

Banque PSA Finance announced that it has set up two joint ventures with Santander Consumer Finance in Spain and Switzerland. The two partnerships are expected to enhance the competitiveness and profit margins of Banque PSA Finance and to deliver about EUR 1.5 billion in cash upstream between 2015 and 2018. The joint ventures in Spain and Switzerland are part of a framework agreement between Banque PSA Finance and Grupo Santander signed in July 2014. The deal includes eleven countries in Europe, as well as Brazil after Banque PSA Finance signed an agreement with Banco Santander Brazil on 24 July 2015. The first joint ventures were launched in February 2015 in France and the UK. The launch of the remaining ventures is expected to be finalized in 2016.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 29, 2016
Santander Benelux SA/NV
 

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