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Home / chile / The profits of Banco Santander increased by 18% in 2018 around the world and reached $ 700 million in Chile

The profits of Banco Santander increased by 18% in 2018 around the world and reached $ 700 million in Chile




Banco Santander earned a net profit of 7,810 million euros ($ 8,900 million in 2018), 18% more than a year earlier, along with Latin America.

The Bank of the National Securities Market Commission (CNMV) today announced that the Spanish market regulation in 2018 has linked 2.6 million customers, which are believed to be the main entity in Santander. 6.6 million, 32 million dollars.

An entity led by Ana Botin earns a profit of 4,228 million euros (US $ 4,831 million) in Latin America, 1.6% less than in the previous year, although foreign exchange rate fluctuations have a negative impact on Non-operating income, 16.5% .

Brazil once again helped the country with this account of 2,976 million dollars, up 2.4%. Santander Brazil 26% contribution for the benefit of the whole group.

Similarly, the annual accounts were once again damaging the accounting adjustments demanded by high inflation conditions Argentina84 million euros (96 million dollars), almost 77% less than in 2017.

"Latin America continues to be a major driver of the Group, with good progress, especially in Brazil and Mexico," said Botin.

In general, Latin American business businesses were "a good evolution" of "interest margins" and "commissions", a "boosting growth and greater customer participation" improvement in the cost of credit. "

According to the countries, after Brazil, Mexico earned $ 869 million7% more Chile earned 614 million euros ($ 702 million), 4.9%.

du Grupo Santander also works in the United States, An amount of 552 million euros (631 million dollars), 35.4% more, "good business evolution" and regulatory progress.

Overall, customer loans and advances in Group Banking in Latin America increased by 2.4% in 2018, customer funds and deposits and investment funds by 1.3%.

Latin American employee groups grew 1,182 workers last year, with 90,196, and branch networks decreased by 105 and 5,803.


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