Bankinter

Bankinter, S.A.

Headquarters (Madrid, Spain)
Type	Sociedad Anónima
Traded as	BMAD: BKT
Industry	Financial services
Founded	1965
Headquarters	Madrid, Spain
Key people	Pedro Guerrero (Chairman), María Dolores Dancausa (CEO)
Products	Retail and business banking
Revenue	€1.102 billion (2010)[1]
Profit	€150.7 million (2010)[1]
Total assets	€54.02 billion (end 2010)[1]
Total equity	€2.453 billion (end 2010)[1]
Number of employees	4,540 (end 2010)[1]
Website	www.bankinter.com

The Bankinter building in Seville, architect Aníbal González (1907-1909).

Bankinter, S.A., (Spanish pronunciation: [baŋˈkinter]), formerly known as Banco Intercontinental Español, is a Spanish commercial bank. Bankinter was in 2007 the sixth-largest listed banking group in Spain.^[2]

The biggest individual shareholder in the company is Crédit Agricole, which acquired around 20% in late 2007.^[3] The Bank of Spain subsequently gave authorisation for CA to increase its stake to just below 30%,^[4] but such a move has not yet been announced.

History

Banco Santander and Bank of America founded BankInter in 1965 as a joint venture, though neither is currently an owner. In 1972 it became fully independent of its founders and floated on the Madrid Stock Exchange, where its shares became one of the components of the IBEX 35.

References

1. 1 2 3 4 5 "Annual Results 2010" (PDF). Bankinter. Retrieved 7 February 2011. 
2. ↑ Barrett, Jane (17 January 2008). "Bankinter Confident After 2007 Net Up 74 Pct". Reuters. Retrieved 2008-12-30. 
3. ↑ House, Jonathan; Bjork, Christopher; Parasie, Nicolas (19 November 2007). "Credit Agricole to buy 19.53% of Bankinter". Dow Jones Newswires (MarketWatch). Retrieved 2008-12-30. 
4. ↑ Moya, Elena; Barrett, Jane (21 February 2008). "Spain Lets Credit Agricole Lift Bankinter Stake". Reuters. Retrieved 2008-12-30. 

External links

• Official website
• Bankinter profile

IBEX 35 companies of Spain Abengoa Abertis ACS Amadeus IT Group ArcelorMittal Banco Bilbao Vizcaya Argentaria Banco Popular Español Banco Sabadell Banco Santander Bankia Bankinter Bolsas y Mercados Españoles Caixabank DIA Enagás Ferrovial Fomento de Construcciones y Contratas Gamesa Corporación Tecnológica Gas Natural Grifols Iberdrola Inditex Indra Sistemas International Airlines Group Jazztel Mapfre Mediaset España Comunicación Obrascón Huarte Lain Red Eléctrica de España Repsol Sacyr Vallehermoso Técnicas Reunidas Telefónica Viscofan

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