Wallets/banco-santander-uruguay
Santander Uruguay
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Overview
Santander Uruguay is Banco Santander Spain BME: SAN + NYSE: SAN Uruguayan subsidiary + Uruguayan commercial bank + one of Uruguay's largest private commercial banks post-Aug 2024 Scotiabank Uruguay ~$120M+ acquisition consolidation 1, Uruguay report.
History
1981 — Banco Santander Spain enters Uruguay.
2014 — Santander Uruguay mobile banking app launch.
Aug 2024 — Banco Santander Uruguay acquires Scotiabank Uruguay for ~$120M+ distinctive Uruguayan banking acquisition + consolidation.
Ownership & operator
Operating entity: Banco Santander Uruguay (Uruguayan commercial bank; Banco Santander Spain subsidiary).
Major shareholders: Banco Santander Spain (BME: SAN + NYSE: SAN; Spanish global banking group; ~165M+ customers globally) fully owned.
Regulators: BCU + SSF Uruguay.
Technical integration
Santander Uruguay mobile app (iOS + Android) + santander.com.uy online + Santander Uruguay branch network across Uruguay + Santander Uruguay Visa + Mastercard cards; UY IBAN + BROU Pay.
Implementations & partners
Banco Santander parent: Banco Santander (Spain parent) (Banco Santander Spain; BME: SAN + NYSE: SAN; Spanish global banking group).
Major Uruguayan banking + payments competitors: BROU (Banco República Uruguay) (Banco República BROU Uruguay; Uruguayan federal commercial bank; Uruguay's largest commercial bank by assets) + Banco Itaú Uruguay (Itaú Uruguay; Itaú Unibanco Brazilian parent Uruguayan subsidiary) + BBVA Uruguay (BBVA Uruguay; BBVA Spain Uruguayan subsidiary) + HSBC Uruguay (HSBC Uruguay; HSBC Holdings UK Uruguayan subsidiary) + Banco Bandes Uruguay (Banco Bandes Uruguay; Bancoex Venezuelan parent Uruguayan subsidiary) + Banco Heritage (Banco Heritage Uruguay; Uruguayan commercial bank).
Regulators: BCU + SSF Uruguay.
Status
Active, Banco Santander Spain BME:SAN + NYSE:SAN Uruguayan subsidiary + Uruguayan commercial bank + one of Uruguay's largest private commercial banks post-Aug 2024 Scotiabank Uruguay ~$120M+ acquisition + consolidation 1, 2.
Sources
- 1 Santander Uruguay — official
- 2 Santander Uruguay — Wikipedia
- Uruguay report In-corpus:
reports/countries/UY-uruguay.md
Source
Biography extracted from banco-santander-uruguay.md. See matrix.md for standards-support matrix if present.