Card Issuer Profile: Grupo Santander

Card Issuer Profile: Grupo Santander published by Datamonitor in February, 2009. This report consists of 60 pages and the price starts from US $ 2795.

Introduction

Abstract

Introduction

Grupo Santander is one of the leading global card issuers, with significant portfolios across Latin America and Western Europe. In addition to details about the performance of its portfolio, this profile examines how the innovative structure of its cards operations and geographical positioning leave it well placed to succeed in the downturn.

Key reasons to purchase this research

• Gain a detailed understanding of Grupo Santander' s strategy and approach in the card market, and apply the lessons from this to your business
• Learn how the structure of Santander Cards and the group' s presence in Latin America positions it well to continue growing in the global downturn
• Compare Grupo Santander against other leading global issuers using Datamonitor' s unique Competitor Benchmark

Table of Contents

• OVERVIEW
• Catalyst
• Summary
• GRUPO SANTANDER
• Key findings
  • Grupo Santander company overview
  • Company history and background
  • Ownership, staffing and management
  • Company structure and the position of the cards business
  • Group key financialz
• Grupo Santander' s cards business
  • Geographic coverage of Santander' s cards business
  • M&A and the impact on geographic expansion on the group and
  • cards business
  • Card issuing strategy
  • Statistics on Santander' s card portfolio
  • Card product offering
• Outlook for the cards business
  • Santander' s focus on ' old fashioned' banking positions it
  • well to cope with current challenges
  • A strong operation in Latin America will be central to its overall
• performance
  • However, generating growth in Europe will be far more challenging
• due to recession and saturation
  • It is unclear at this stage whether Santander will move further
• into issuing in the US
  • Datamonitor Competitor Benchmark
• APPENDIX
  • Definitions
    • (Untitled sub-section)
• Supplementary data
  • Methodology
  • (Untitled sub-section)
• Further reading
• Ask the analyst
• Datamonitor consulting
• Disclaimer
• TABLES
  • Table: Grupo Santander' s board of directors, 2008
  • Table: Grupo Santander employees by region, 2004--Q3 2008
  • Table: Grupo Santander non-performing loans by division, 2005--Q32008
  • Table: Global coverage of Grupo Santander' s card issuing operations,2009
  • Table: Key Grupo Santander mergers and acquisitions, 1999−2008
  • Table: Metrics on Santander' s UK businesses, December 2008
  • Table: Grupo Santander cards in issue by country, 2005--07
  • Table: Details of the Santander retail bank card offering in Spain,2009
  • Table: Details of the Banesto card offering in Spain, 2009
  • Table: Pricing on the Abbey Zero Credit Card, 2009
  • Table: Scorecard logic, part one
  • Table: Scorecard logic, part two
  • Table: Grupo Santander employees, 2005--Q3 2008
  • Table: Grupo Santander branch numbers, 2004--Q3 2008
  • Table: Santander Cards balances outstanding, 2005--07
  • Table: Grupo Santander total net revenue, non-interest expenses, andoperating margin, 2003--07
  • Table: Grupo Santander revenues by division, 2004--08
  • Table: Retail Banking gross operating income by region and country,2007
  • Table: Grupo Santander liabilities and equity, 2003--07
  • Table: Net card fees and commissions and total commissions forservices across the group, 2005--Q3 2008
  • Table: Grupo Santander customer lending balances by geography,2005--07
  • Table: Current relevant publications
  • Table: Future relevant publications
• FIGURES
  • Figure: Brazil and Mexico are the Grupo Santander Latin America divisions with the largest workforce, 2007
  • Figure: Grupo Santander is primarily segmented along geographic lines with core businesses direct at a global level
  • Figure: Grupo Santander has enjoyed strong growth in revenue and operating margins over the period 2003--07
  • Figure: Santander' s Retail Banking division generated over 86% of the group' s annual gross revenue in 2007
  • Figure: Led by the businesses in Spain, Continental Europe accounts for the majority of Santander' s overall retail banking revenues, 2007
  • Figure: Santander' s card business has accounted for a growing share of total fees and commissions for services, 2004--Q3 2008
  • Figure: Continental Europe accounts for the majority of customer loan balances, 2007
  • Figure: Germany, Spain, and Italy account for 76% of Santander Consumer Finance' s loan balances, 2007
  • Figure: Grupo Santander has experienced a spike in the proportion of loans that are non-performing, 2004--Q3 2008
  • Figure: Grupo Santander' s balance sheet has grown rapidly from 2003−07
  • Figure: Grupo Santander issues credit cards in 19 markets, across its retail banking brands and through Santander Consumer Finance, 2009
  • Figure: The acquisition of Banco Real has significantly expanded Santander' s presence and network in Brazil
  • Figure: Sovereign has a large network spread across eight northeastern states
  • Figure: Sovereign Bank holds 3% of the market across the eight states in which it operates, Q2 2008
  • Figure: Grupo Santander co-ordinates its activities in cards at a global level, working with national or regional retail banking activities and the Santander Consumer Finance division
  • Figure: The majority of Grupo Santander' s card portfolio is debit, 2007
  • Figure: Santander Cards has enjoyed strong growth in credit card balances outstanding, 2005--07
  • Figure: The Turyocio multi-retailer loyalty program allows Santander to earn reward points for card use
  • Figure: Santander cardholders benefit from exclusive rates at a leading online retailer
  • Figure: The Banesto Tarjeta Diez en Una product offers a permanent 5% discount at 10 major retailers
  • Figure: Abbey offers rebates on supermarket shopping and fuel purchases, 2009
  • Figure: Santander has one of the largest branch networks in the industry, 2008
  • Figure: The European pay later card space is becoming saturated, 2007
  • Figure: Datamonitor Competitor Benchmark - Grupo Santander

Related Reports