Santander punished for forcing customers to use mobile phones


Santander punished for forcing customers to use mobile phones

Banco Santander has been forced to compensate customers for making it almost impossible to conduct online banking without a mobile phone.

Santander Mobile Banking – Spendlytics

FINANCIAL RESULTS: 3Q 2020 | Santander Bank

Banco Santander achieved an underlying profit of €3,658 million in the first nine months of 2020, down 33%, due to an increase in loan-loss provisions attributable to the covid-19 pandemic. Although the pandemic has had a significant impact on customer activity, the bank noted improvement in the third quarter.

Santander earns €3,658 million for first nine months after strong third quarter:

#FinancialResults #JoséAntonioÁlvarez #SantanderBank

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FINANCIAL RESULTS: 3Q 2020 | Santander Bank ➡

Retailer Offers – earn cashback as you spend

Santander My Offers – More ways to earn cashback within Online and Mobile banking!

Our new Retailer Offers service lets you earn cashback when you use your Santander debit or credit card. If you’re a Santander Online or Mobile Banking customer you may earn up to 15% cashback at a range of major retailers. Simply switch on this service within Online or Mobile Banking and start earning today.

Watch this short video to find out more, then just log on to your online or mobile banking.
For more information about Retailer Offers please visit

Santander CFO Cantera on Covid-19 Impact, Earnings, Dividend

Jul.29 — Jose Garcia Cantera, chief financial officer of Banco Santander SA, discusses the impact of the Covid-19 pandemic on the lender after it posted a net loss of 11.1 billion euros ($13 billion) for the second quarter as a deterioration of the economic outlook forced it to cut its goodwill on past acquisitions. He speaks on “Bloomberg Markets: European Open.”