Euromoney concluded, "It is hard to think of a bank that could have faced the challenges that Santander has already overcome better than Botin and his colleagues have done. And the smart money has to be on them doing so again."
To see video of Clive Horwood, Euromoney magazine Editor-in-Chief, discussing Santander's performance and its selection as Best Bank in the World in 2012, please click on the following link:
Euromoney, founded in 1969, is a recognized leader in business and financial news and commentary. With readership of 145,000, Euromoney is seen by top executives, regulators and officials in more than 170 countries. The magazine's subscribers are mainly in Europe, with about 30%, the UK, 23%, and the US, 23%. Euromoney's annual Awards for Excellence are a banking industry benchmark. The award winners are selected by the Euromoney editors according to objective measures including profitability, growth and efficiency, as well as subjective criteria.About Banco Santander: Banco Santander (SAN.MC, STD.N, BNC.LN) is a retail and commercial bank, based in Spain, with a presence in 10 main markets. Santander is the largest bank in the euro zone and is among the fifteen in the world by market capitalization. Founded in 1857, Santander had EUR 1.383 trillion in managed funds, more than 102 million customers, 14,760 branches – more than any other international bank – and 193,000 employees at the close of 2011. It is the largest financial group in Spain and Latin America. Furthermore, it has significant positions in the United Kingdom, Portugal, Germany, Poland and the U.S. northeast. Santander Consumer Finance operates in the Group's core markets as well as in the Nordic region. In 2011, Grupo Santander registered EUR 7,021 million in recurring net profit. SOURCE Banco Santander