US EditionSantander Merges Openbank With Consumer Finance Unit
13 Articles
13 Articles
Banco Santander announced this Wednesday the merger of Openbank and Santander Consumer Finance (SCF) into a single legal entity, with the objective that all its European consumer finance businesses will operate progressively under the Openbank brand.Germany will be the first market to integrate, to which other countries will follow soon, as explained by Banco Santander in a statement.
Banco Santander announced Wednesday the merger of Openbank and Santander Consumer Finance (SCF) into a single legal entity, with the objective that all its European consumer finance businesses will operate progressively under the Openbank brand.
Santander to Merge Openbank and Consumer Finance Unit Under Single Brand - Fintech Schweiz Digital Finance News - FintechNewsCH
Banco Santander announced plans to merge Openbank and Santander Consumer Finance (SCF) into a single legal entity, operating its European consumer finance businesses under the Openbank brand. The integration will begin in Germany, with other markets to follow. Both Openbank and SCF sit within Santander’s Digital Consumer Bank (DCB) global business. The merger aims to simplify operations, enhance customer offerings, and strengthen partnerships wi…
The main Spanish bank announced the merger of its consumer credit operations in Europe with its digital Openbank operations.
Santander announces merger of Openbank and Santander Consumer Finance
Banco Santander (Santander) has announced the merger of Openbank and Santander Consumer Finance (SCF) into a single legal entity, operating under the Openbank brand. This strategic move aims to streamline Santander’s European consumer finance operations, beginning with Germany. Openbank and SCF are integral parts of Santander’s Digital Consumer Bank (DCB) global business. The merger is seen a step towards simplifying operations and delivering co…
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