Banesto
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Banesto

Company nameBanco Español de Crédito, S.A.
Company typeSociedad Anónima (BMAD - ES0113440038BTO)
IndustryFinancial services
Founded1902
HeadquartersMadrid, Spain
Key peopleAntonio Basagoiti (Chairman), José García Cantera (CEO)
ProductsRetail, business and wholesale banking
Operating income-891.6 million (2009)
Net income-559.8 million (2009)
Total assets-126.2 billion (2009)
Total equity-5.473 billion (2009)
Employees8,905 (2009)

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Banesto (officially Banco Español de Crédito, S.A., "Spanish credit bank", BMAD - ES0113440038BTO) is a Spanish bank, 88.4% owned by Banco Santander. Currently Banesto is the fifth-largest banking group in Spain, operating around 1,770 branches.

Outside of Spain, it is remembered as the sponsor of a cycling team that featured Miguel Indurain, the first rider to win five consecutive Tours de France. Today's Caisse d'Epargne team is the direct descendant of this team.

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Unzue looking for transition year at Movistar - Cyclingnews.com Tweet this news
Cyclingnews.com--Eusebio Unzue has taken his team from -Banesto- to Caisse d'Epargne and is ready to continue it with Movistar in 2011. The coming year will be one of ... - Date : Tue, 21 Dec 2010 11:14:49 GMT+00:00
Banesto Sells Notes That Pay 21% on Nokia, Vodafone Stock Gains - Bloomberg Tweet this news
Bloomberg--The basket of stocks also includes drugmaker Novartis AG and -Banesto's- parent Banco Santander SA, Spain's biggest bank. Rabobank Groep NV underwrote the ... - Date : Fri, 03 Dec 2010 11:22:39 GMT+00:00
Bell back to tackle European Tour - Bradford Telegraph Argus Tweet this news
Bradford Telegraph Argus---...- 70 to top a great year, the 28-year-old having won her first professional tournament in May at the Madrid Masters on the Spanish -Banesto- Tour. ... - Date : Thu, 23 Dec 2010 14:46:28 GMT+00:00
Spanish Stocks: Azkoyen, Duro, Europac, Gamesa, FCC Shares Move - BusinessWeek Tweet this news
BusinessWeek--The vending machine maker was added to -Banesto- Bolsa's top picks for Spanish small-cap stocks, according to a note sent to clients today. ... - Date : Mon, 13 Dec 2010 17:37:08 GMT+00:00
Spanish Stocks: Banco Santander, BBVA and FCC Are Active - Bloomberg Tweet this news
Bloomberg--The vending machine maker was added to -Banesto- Bolsa's top picks for Spanish small-cap stocks, according to a note sent to clients today. ... - Date : Mon, 13 Dec 2010 09:01:43 GMT+00:00
Santander forced to raise pay of key staff in bid to stop defections - The Guardian Tweet this news
The Guardian--José María Nus is due to become chief risk officer, transferring from Santander's subsidiary -Banesto-, while Justo Gómez, deputy chief finance officer of ... - Date : Sun, 12 Dec 2010 00:09:45 GMT+00:00
Spanish banking negativity - FT Alphaville (blog) Tweet this news
FT Alphaville (blog)--Moreover, while Santander has reported its group (including -Banesto-) as a user of ECB facilities, we believe these were and remain in the single-digit ... - Date : Fri, 03 Dec 2010 12:03:26 GMT+00:00
DEALTALK-Santander may ease Spain impact with Banesto rejig - Reuters Africa Tweet this news
Reuters Africa--MADRID, Nov 19 (Reuters) - Spain's Banco Santander could use the exit of the chairman of majority-owned -Banesto- as a catalyst to combine ... - Date : Fri, 19 Nov 2010 12:25:42 GMT+00:00
New wave of distressed property to enter Spanish market - Overseas Property and Investment News Tweet this news
Overseas Property and Investment News---Banesto- Bank, for example, announced last week that it would be selling around 600 properties in the country at around half the market value. ... - Date : Fri, 05 Nov 2010 09:23:54 GMT+00:00
Upgrades boost carmakers and lead Europe higher - Moneycontrol.com Tweet this news
Moneycontrol.com---Banesto- lost 1.5% to ?7.18 while Bankinter declined 1.5% to 4.94. In Oslo, fertiliser group Yara International rose 4.4 per cent to NKr292.30, ... - Date : Tue, 12 Oct 2010 12:50:43 GMT+00:00



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