September 29, 2016 11:23 AM ET

Banks

Company Overview of Santander Consumer Bank AS

Company Overview

Santander Consumer Bank AS provides various banking services in Norway, Sweden, and Denmark. It offers savings products, car and leisure loans, consumer loans, and credit cards, as well as leasing and consignment services. The company is headquartered in Lysaker, Norway. Santander Consumer Bank AS operates as a subsidiary of Santander Consumer Finance, S.A.

Strandveien 18

Postboks 177

Lysaker,  1325

Norway

1,212 Employees

Phone:

47 21 08 30 00

Fax:

47 21 08 33 62

Key Executives for Santander Consumer Bank AS

Chief Executive Officer and Director
Chairman and Managing Director
Chairman of Control Committee
Deputy Chairman of Control Committee
Compensation as of Fiscal Year 2016.

Santander Consumer Bank AS Key Developments

Santander Consumer Bank AS Issues Senior Unsecured Note of NOK 700 Million

Santander Consumer Bank AS announced that it has successfully issued a new senior unsecured 3-year floating rate note of NOK 700 million at 3M NIBOR + 70bp.

Santander Consumer Bank AS Reports Unaudited Group and Company Earnings Results for the Second Quarter and Six Months Ended June 30, 2016

Santander Consumer Bank AS reported unaudited group and company earnings results for the second quarter and six months ended June 30, 2016. For the quarter, on group basis, total interest income and similar income was NOK 1,977 million against NOK 1,363 million last year. Operating result was NOK 805 million against NOK 399 million last year. Profit after tax was NOK 617 million against NOK 296 million last year. Allocation of profit after tax - transferred to other earned equity was NOK 617 million against NOK 296 million last year. Net cash flow used in operations was NOK 1,534 million against NOK 616 million last year. For the six months, on group basis, total interest income and similar income was NOK 3,934 million against NOK 2,710 million last year. Operating result was NOK 1,518 million against NOK 764 million last year. Profit after tax was NOK 1,147 million against NOK 575 million last year. Allocation of profit after tax - transferred to other earned equity was NOK 1,147 million against NOK 575 million last year. Net cash flow from operations was NOK 239 million against NOK 3,670 million last year. For the quarter, on company basis, total interest income and similar income was NOK 1,673 million against NOK 1,059 million last year. Operating result was NOK 1,191 million against NOK 284 million last year. Profit after tax was NOK 1,029 million against NOK 206 million last year. Allocation of profit after tax - transferred to other earned equity was NOK 1,029 million against NOK 206 million last year. Net cash flow used in operations was NOK 1,430 million against NOK 2,797 million last year. For the six months, on company basis, total interest income and similar income was NOK 3,295 million against NOK 2,079 million last year. Operating result was NOK 1,789 million against NOK 539 million last year. Profit after tax was NOK 1,467 million against NOK 394 million last year. Allocation of profit after tax - transferred to other earned equity was NOK 1,467 million against NOK 394 million last year. Net cash flow from operations was NOK 636 million against NOK 516 million last year.

Santander Consumer Bank AS Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2016

Santander Consumer Bank AS reported unaudited consolidated earnings results for the first quarter ended March 31, 2016. For the quarter, interest and similar income on loans to and receivables from credit institutions was NOK 177 million against NOK 196 million a year ago. Total interest income and similar income was NOK 1,623 million against NOK 1,020 million a year ago. Net interest and credit commission income was NOK 1,275 million against NOK 723 million a year ago. Other operating income was NOK 7 million against NOK against NOK 7 million a year ago. Operating result was NOK 598 million against NOK 256 million a year ago. Profit after tax was NOK 437 million against NOK 188 million a year ago. Profit after tax for the period was NOK 437 million against NOK 188 million a year ago. Net cash flow from operations was NOK 2,442 million against NOK 2,215 million a year ago.

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Recent Private Companies Transactions

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No transactions available in the past 12 months.
 

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