Banco Santander Portugal

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Banco Santander Portugal
Banco Santander Portugal, S.A.
Native name
Banco Santander Totta
IndustryFinancial services
Founded1988
HeadquartersRua do Ouro nº 88, 1100-063, Lisbon, Portugal
Area served
Nationwide
Key people
António Vieira Monteiro (President)
ProductsPrivate Banking
Number of employees
6.781 (2017)
ParentSantander Group
Websitewww.santander.pt

Banco Santander Portugal, also known as Santander is a Portuguese bank, founded in 1988. It's currently the largest private bank in Portugal. In 2000, the then Banco Totta was acquired by Santander Group, later changing its name to Banco Santander Totta. In 2004 the bank absorbed sister company Crédito Predial Português.

In Portugal, Santander has 670 branches (2017) of which 280 offer accessibility for people with reduced mobility and 1.898 ATM installed, which can be used by custumers and non-custumers, complying with the accessibility regulations. The bank currently has 6.781 employees and 4,7 millions customers of which 558 thousand digital customers.

In December 2015, Santander Totta purchased Banco Internacional do Funchal for 150 million euros.

In June 2017, Banco Santander bought the Banco Popular Español for the symbolic value of 1 euro. The brand Banco Popular Portugal disappeared increasing the size of Banco Santander Totta.

In 2018, Banco Santander Totta was renamed Banco Santander Portugal, within the scope of the Santander brand renewal strategy.


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