DOCSLIB.ORG

Banco Santander Totta, SA Banco Santander Totta, SA – 2017 Annual Report 1 Annual Report

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Banco Santander Totta, SA Banco Santander Totta, SA – 2017 Annual Report 1 Annual Report Annual Report 2017 PROPOSAL ST, SGPS Proposta Proposta Banco Santander Totta, SA Banco Santander Totta, SA – 2017 Annual Report 1 Annual Report 2017 3 Main Highlights and Indicator Chart 5 Messages from the Chairman of the Board of Directors and from the Chairman of the Executive Committee 8 Prizes and Awards and other Relevant Facts in 2017 12 Vision and Value Creation 14 Corporate Bodies 16 Sustainability Policy 23 Business Environment 30 Business Areas 36 Business Support Areas 41 Economic and Financial Information 49 Risk Management 58 Proposal for Distribution of Results 59 Complementary Information and Attachments 62 Corporate Governance Report 120 Consolidated Financial Statements 126 Notes to the Consolidated Financial Statements 258 Consolidated Reports and Opinions Banco Santander Totta, SA – 2017 Annual Report 2 Main Highlights We closed 2017 as the largest private Bank in Portugal in terms of assets and credit and with the best results, capital ratings and ratios of the whole financial system, a position acquired through organic growth and through the acquisition of Banco Popular Portugal. This integration brings us greater strength and allows us to expand our offer and continue to grow efficiently and sustainably, more than ever endeavouring to become the reference Bank in community support NET INCOME EFFICIENCY RATIO million euro % 421.2 380.0 +10.8% -2.0pp 48.1 46.1 2016 2017 2016 2017 CET I RATIO NON-PERFORMING EXPOSURE RATIO % % 5.7 17.3 -3.0pp 5.1 +0.6pp 14.3 2016 2017 2016 2017 Banco Santander Totta, SA – 2017 Annual Report 3 Indicator Chart BALANCE SHEET AND RESULTS (million euro) 2017 2016 Var. Net Assets 50,642 42,977 +17.8% Loans and advances to customers (net) 39,633 31,452 +26.0% Customers' Resources 37,378 32,691 +14.3% Total de Capital 3,662 3,266 +12.1% Net Interest Income 699.4 734.2 -4.7% Fees and Other Income 312.1 303.9 +2.7% Net Income from Banking Activities 1,133.3 1,174.2 -3.5% Net Operating Income 611.0 609.2 +0.3% Income before taxes and non-controlling interests 579.1 528.1 +9.7% Consolidated net income attributable to the shareholders' of BST 421.2 380.0 +10.8% RATIOS 2017 2016 Var. ROE 12.9% 12.3% +0.6 p.p. ROA 0.8% 0.9% -0.1 p.p. Efficiency ratio 46.1% 48.1% -2.0 p.p. CET I ratio* (phasing-in) 14.3% 17.3% -3.0 p.p. Tier I* ratio 14.2% 17.3% -3.1 p.p. Capital* ratio 14.3% 17.3% -3.0 p.p. Credit at Risk Ratio 5.1% 5.6% -0.5 p.p. Non-Performing Exposure Ratio 5.7% 5.1% +0.6 p.p. Restructured loans / Total loans 7.6% 8.6% -1.0 p.p. Restructured loans not included in credit at risk / Total loans 4.6% 6.5% -1.9 p.p. Credit at risk coverage ratio 82.1% 89.4% -7.3 p.p. Non-Performing Exposure Coverage Ratio 55.4% 65.3% -9.9 p.p. Cost of credit 0.1% 0.1% -0.0 p.p. Loan-to-deposit ratio 120.4% 108.5% +11.9 p.p. RATING 2017 2016 FitchRatings short term F2 F2 long term BBB+ BBB Moody´s short term NP NP long term Ba1 Ba1 Standard & Poor´s short term A-3 B long term BBB- BB+ DBRS short term R-1L R-1L long term AL BBBH Other Data 2017 2016 Var. Employees 6,777 6,159 +618 Employees in Portugal 6,742 6,126 +616 Branches 682 657 +25 Total Branches and Corporate Centers in Portugal 670 642 +28 * With results net of payout Banco Santander Totta, SA – 2017 Annual Report 4 Message from the Chairman of the Board of Directors commercial objectives and to place Santander as one of the most digital and innovatory banks worldwide. Santander Santander Totta was the Digital is carrying out a fundamental sole Bank in the role in order to achieve 18.6 million Portuguese financial loyal customers and 30 million digital system that always showed customers by the end of 2018. positive results I equally take this advantage to highlight the acquisition of the former Banco Popular Portugal, an operation which In 2017, Santander Totta consolidated will render Banco Santander Totta as the largest private bank in the Country, its position in the Portuguese market, in a particularly difficult environment, in in terms of assets and credit, and which which the competition has been provides an excellent opportunity for We want to be a digital growth and to increase market share in restructured and showing greater Bank with digital solutions strength. the segment of small and middle sized that ease our customers’ companies. This operation, aligned with requirements and our Within the picture of the heavy financial the Group’s sustained growth strategy, employees’ procedures crisis which devastated the banking jointly with the Bank’s performance in industry throughout the latter years, 2017, allow us to strengthen our Queremos ser um Banco Santander Totta was the sole Bank in purpose in the support of domestic digital com soluções the Portuguese financial system that economy and Portuguese families, with digitais que facilitem a vida showed positive results during all that special emphasis in the support for aos nossos clientes e os period, without the need of public or higher education. processos dos nossos other support. It was the Bank that colaboradores obtained the best capital ratios, which Santander Totta is representative of 5% earned it the best awards received from of Banco Santander’s global results and Santander Totta is one of the main entities that analysed the is able to count upon the support of a the more relevant units in industry (Euromoney, The Banker, shareholder, Banco Santander, which, the Santander Group Global Finance and Exame). And it was due to its geographical and business also the Bank that obtained the best diversification, to its capital soundness ratings, graded upwards by Fitch, DBRS and to its prudent risk management, and Standard & Poor’s. affords a stability that differentiates it from the other players in the market. As referred by Ana Botín, during the opening of the new headquarters at the Last, but not least, a word of esteem for beginning of the year, “Santander Totta all the Bank’s employees who is an example both for the Santander contributed towards these excellent Group and for the Country”. results and to our being a Simple, Personal and Fair Bank in the overall For these attainments I want to outlook of its business activity. We will congratulate the Executive Committee continue, in 2018, with our special focus and all the teams that report to it. on our customers to aid the prosperity Banco Santander is focused on its of families and enterprises. digitalization process; we want to become a digital Bank with digital solutions that ease our customers’ António Basagoiti requirements and our employees’ procedures. In February 2017, Banco Santander announced the setting up of Santander Digital with the objective to accelerate the attainment of its Banco Santander Totta, SA – 2017 Annual Report 5 Message from the Chairman of the Executive Committee BBB-; and DBRS – A(l), some of which in excess of those of the Republic itself. We also continued being the reference institution in support to companies and enterprises. With the acquisition of Banco Popular Portugal, Banco Santander Totta ends the year as the leader in all the PME We closed 2017 as the Investimento, PME Crescimento and PME largest private Bank in Capitalizar lines, as well as leader in 8 of the Portugal in assets and 12 credit lines launched since 2008. credit Banco Santander Totta obtained the largest Fechámos o ano de share in the International Public Tender of 2017 sendo o maior the IFRRU 2020 programme, for the financing Banco privado de of companies and private individuals heading Portugal em ativos e projects in the area of urban refurbishment. 2017 was a good year for Portugal. Economic crédito Total financing made available by the Bank activity improved as did consumer confidence. All of this had a positive effect in amounted to 713 million euros, greater than Several studies placed 50% of the system’s total offer. the banking industry in Portugal and the Bank in foremost particularly in Santander Totta. Santander Advance Empresas continued positions in terms of demonstrating its potential as a support soundness and in We closed 2017 as the largest private bank in customer satisfaction as Portugal in terms of assets and credit and programme for Portuguese companies, both via its financial and non-financial features. well as to its capital ratios in all the financial system. This The pt.santanderadvance.com site has commitments with situation was achieved through strong Society organic growth together with the acquisition received more than 2.5 million page views since its being launched. of Banco Popular Portugal. This integration provides us with greater strength and will The Advance Management Programme allow us to expand our offer and to continue carried out training sessions this year, in growing efficiently and sustainably, more Lisbon and Porto, as well as, for the first time, than ever endeavouring to become the in the Madeira and Azores autonomous Banco Santander Totta reference Bank in community support. regions. This proximity and coverage mirrors obtained the largest the way in which the Bank wishes to relate We kept to a growth based upon our culture share in the and on our way to carry things out: Simple, with its Customer, and aims to strengthen International Public one of the companies’ strategic assets – Personal and Fair with our Employees, Tender of the IFRRU human capital.
Load more

Recommended publications
  • Universidade Técnica De Lisboa
    UNIVERSIDADE TÉCNICA DE LISBOA INSTITUTO SUPERIOR DE ECONOMIA E GESTÃO MESTRADO EM: GESTÃO E ESTRATÉGIA INDUSTRIAL CONTRIBUIÇÃO PARA O ESTUDO DAS MOTIVAÇÕES E ESTRATÉGIAS DE ACTUAÇÃO DA BANCA ESPANHOLA DE MÉDIA DIMENSÃO EM PORTUGAL PAULO MANUEL MONTEIRO ALEXANDRE Orientação: Dr. Jorge Vieira Jordão Júri: Presidente: Doutor Vítor Fernando da Conceição Gonçalves, professor catedrático do Instituto Superior de Economia e Gestão da Universidade Técnica de Lisboa Vogais: Doutor José Paulo Afonso Esperança, professor associado do Instituto Superior de Ciências do Trabalho e da Empresa. Dr. Jorge Vieira Jordão, professor auxiliar convidado do Instituto Superior de Economia e Gestão da Universidade Técnica de Lisboa Julho de 2004 1 GLOSSÁRIO DE TERMOS E ABREVIATURAS APB – Associação Portuguesa de Bancos B Santander / BSP – Banco Santander Portugal B. Popular – Banco Popular Español Barclays – Barclays Bank BBVA – Banco Bilbao e Vizcaya BCP – Banco Comercial Português BES – Banco Espirito Santo BFB – Banco Fonsecas & Burnay BFE – Banco de Fomento Exterior BIC – Banco Internacional de Crédito BIS – Bank for International Settlements BNC – Banco Nacional de Crédito Imobiliário BNU – Banco Nacional Ultramarino BPA – Banco Português do Atlântico BPI – Banco Português do Investimento BPSM - Banco Pinto & Sotto Mayor BTA / Totta – Banco Totta & Açores /Banco Totta CCAM – Caixa de Crédito Agrícola Mútuo CCLE – Câmara de Comercio e Industria Luso Espanhola CGD – Caixa Geral de Depósitos CPP – Crédito Predial Português ECB / BCE – Banco Central Europeu
    [Show full text]
  • Banco Santander Totta, SA – 2018 Annual Report 1 Banco Santander Totta, SA Annual Report
    Banco Santander Totta, SA – 2018 Annual Report 1 Banco Santander Totta, SA Annual Report 2018 Main highlights and table of indicators 3 Messages of the Chairman of the Board of Directors and Chairman of the Executive Committee 5 Responsible Banking Corporate culture, awards, distinctions and other relevant facts in 2018 7 Governing bodies 13 Sustainability policy 16 Business Framework 23 Business Areas 31 Activity and Results Business support areas 40 Economic and financial information 45 Credit, and counterparty risk 53 Balance-sheet risk 56 Risk Management Market risk 57 Operational risk 58 Compliance and reputation risk 60 Proposal for the appropriation of net income 61 Additional Information Annexes 62 65 Corporate Governance Report Consolidated financial statements 124 Financial statements, notes to the Notes to the consolidated financial statements 130 accounts and reports and opinions Consolidated reports and opinions 267 Banco Santander Totta, SA Rua do Ouro, 88 - 1100-063 Lisboa - Portugal Share Capital: 1,256,723,284 euros Registered at Lisbon Commercial Registry under the number 500 844 321 and tax identification number 500 844 321 LEI: 549300URJH9VSI58CS32 Banco Santander Totta, SA – 2018 Annual Report 2 Responsible Banking Activity and Results Risk Management Additional Information Highlights The year under review was quite challenging, with emphasis on the full integration of the former Banco Popular Portugal. The results in the various areas show sustained and balanced growth of the business generated in Portugal. Focusing on maximizing customer experience, our commercial and digital strategy has allowed an increase of the number of principal Bank and digital customers, the annual growth of which stood at 10% and 32%.
    [Show full text]
  • Santander Totta, SA – 2018 Annual Report 1
    Proposal Banco Santander Totta, SA – 2018 Annual Report 1 Banco Santander Totta, SA Annual Report 2018 Main highlights and table of indicators 3 Messages of the Chairman of the Board of Directors and Chairman of the Executive Committee 5 Responsible Banking Corporate culture, awards, distinctions and other relevant facts in 2018 7 Governing bodies 13 Sustainability policy 16 Business Framework 23 Business Areas 31 Activity and Results Business support areas 40 Economic and financial information 45 Credit, and counterparty risk 53 Balance-sheet risk 56 Risk Management Market risk 57 Operational risk 58 Compliance and reputation risk 60 Proposal for the appropriation of net income 61 Additional Information Annexes 62 65 Corporate Governance Report Consolidated financial statements 124 Financial statements, notes to the Notes to the consolidated financial statements 130 accounts and reports and opinions Consolidated reports and opinions 267 Banco Santander Totta, SA Rua do Ouro, 88 - 1100-063 Lisboa - Portugal Share Capital: 1,256,723,284 euros Registered at Lisbon Commercial Registry under the number 500 844 321 and tax identification number 500 844 321 LEI: 549300URJH9VSI58CS32 Banco Santander Totta, SA – 2018 Annual Report 2 Responsible Banking Activity and Results Risk Management Additional Information Highlights The year under review was quite challenging, with emphasis on the full integration of the former Banco Popular Portugal. The results in the various areas show sustained and balanced growth of the business generated in Portugal. Focusing on maximizing customer experience, our commercial and digital strategy has allowed an increase of the number of principal Bank and digital customers, the annual growth of which stood at 10% and 32%.
    [Show full text]
  • Capítulo III
    Capítulo III Acerca da especificidade do sector bancário português ─ tendências recentes do seu desenvolvimento Introdução As alterações profundas, ocorridas nas últimas duas décadas, na estrutura concorrencial da actividade bancária no conjunto dos países industrializados europeus, no sentido da desregulamentação e da liberalização, também caracterizaram os desenvolvimentos recentes da banca nacional. Todo este processo de liberalização e abertura à iniciativa privada da banca teve efeitos plurais sobre a estrutura do sector: desde os níveis da actividade creditícia, da rendibilidade, da cobertura bancária, da intervenção nos mercados bolsista e cambial, da internacionalização das instituições, da inovação de serviços financeiros até ao grau de concentração foram profunda e rapidamente alterados. Com efeito, o processo de desregulamentação determinou novas estratégias de cooperação / concorrência das instituições de crédito cuja face mais visível foi a emergência recente de diferentes grupos financeiros e o processo de fusões e aquisições de que foram actores. É sobre o conjunto destas modificações que informam o desenvolvimento recente da banca portuguesa que este capítulo vai versar. III.1. Breve caracterização histórica do sistema bancário português. Até à revolução de 1974, todos os bancos que operavam em Portugal eram privados, tendo como única excepção a Caixa Geral de Depósitos (de propriedade 143 exclusivamente pública)1. Mesmo os bancos emissores ─ Banco de Portugal, Banco Nacional Ultramarino e Banco de Angola ─ tinham o estatuto de privado. Em Março de 1975, foi decretada a nacionalização da banca comercial (com excepção dos bancos estrangeiros a operar na altura ─ o Banco do Brasil; o Crédit Franco-Portugais, propriedade do Crédit Lyonnais e o Bank of London & South América, propriedade do Lloyds Bank), tendo ocorrido a nacionalização anterior, em Setembro de 1974, dos bancos emissores (Banco de Portugal, Banco Nacional Ultramarino e Banco de Angola).
    [Show full text]
  • Anexo À Instrução Nº 21/2001 XI. TABELA DE BANCOS NOME CÓDIGO ABN AMRO BANK, N.V
    Anexo à Instrução nº 21/2001 XI. TABELA DE BANCOS NOME CÓDIGO ABN AMRO BANK, N.V 0040 BAI - BANCO AFRICANO INVESTIMENTOS, SARL 0008 BANCO ALVES RIBEIRO, SA 0014 BANCO ATLÁNTICO, SA (ESPANHA) 0066 BANCO BILBAO VIZCAYA ARGENTARIA PORTUGAL,SA 0019 BANCO BPI, SA 0010 BANCO CETELEM, SA 0084 BANCO COMERCIAL DOS ACORES, SA 0012 BANCO COMERCIAL PORTUGUÊS, SA 0033 BANCO DE INVESTIMENTO GLOBAL, SA 0061 BANCO DE INVESTIMENTO IMOBILIÁRIO, SA 0049 BANCO DE NEGÓCIOS ARGENTARIA, SA 0011 BANCO DE PORTUGAL, EP 0001 BANCO DO BRASIL, SA 0022 BANCO EFISA, SA 0086 BANCO ESPÍRITO SANTO, SA 0007 BANCO ESPÍRITO SANTO DE INVESTIMENTO, SA 0047 BANCO EXPRESSO ATLÂNTICO, SA 0041 BANCO FINANTIA, SA 0048 BANCO INTERNACIONAL DE CREDITO, SA 0031 BANCO ITAÚ EUROPA, SA 0085 BANCO MADESANT - SOCIEDADE UNIPESSOAL, SA 0060 BANCO MAIS,SA 0069 BANCO ACTIVOBANK (PORTUGAL), SA 0023 BANCO NACIONAL ULTRAMARINO, SA 0013 BANCO POPULAR ESPAÑOL, 0156 BANCO PORTUGUÊS DE GESTÃO, SA 0064 BANCO PORTUGUÊS DE INVESTIMENTO,SA 0027 BANCO PRIVADO PORTUGUÊS, SA 0089 BANCO RURAL EUROPA, SA 0067 BANCO SANTANDER PORTUGAL, SA 0030 BANCO TOTTA & ACORES, SA 0018 BANIF – BANCO DE INVESTIMENTO, SA 0063 BANIF - BANCO INTERNACIONAL DO FUNCHAL, SA 0038 BANK BOSTON LATINO AMERICANO, SA 0090 BANQUE PRIVÉE EDMOND DE ROTHSCHILD LUXEMBOURG 0173 BANQUE PSA FINANCE , SUCURSAL EM PORTUGAL 0070 BARCLAYS BANK, PLC 0032 BEST – BANCO ELECTRONICO DE SERVIÇO TOTAL, SA 0065 BBL - BANK BRUSSELS LAMBERT SUCURSAL EM PORTUGAL 0500 BCP INVESTIMENTO-BANCO COM. DE INVESTIMENTO, SA 0078 BMW BANK GMBH, SUCURSAL PORTUGUESA 0172 BNC - BANCO NACIONAL DE CRÉDITO IMOBILIÁRIO, SA 0046 BNP PARIBAS 0034 BPN - BANCO PORTUGUÊS DE NEGÓCIOS, SA 0079 BSN - BANCO SANTANDER DE NEGÓCIOS PORTUGAL, SA 0081 CAIXA-BANCO DE INVESTIMENTO, SA 0025 CAIXA CENTRAL DE CRÉDITO AGRÍCOLA MÚTUO, CRL 0045 CAIXA CRÉD.
    [Show full text]
  • Half-Year Report
    Half-Year Report June 2020 We shall continue to work to build a better world #TheRightWay santander.pt Banco Santander Totta, S.A. 1 Banco Santander Totta SA Main highlights and table of indicators 3 Awards, distinctions and other relevant facts in the 5 1st half of 2020 Social Responsibility 8 Governing bodies 10 Business and Results Business Framework 12 Major risks and uncertainties 14 Business areas 15 Economic and financial information 20 Relevant facts after the close of the period and the 27 outlook for 2020 Risk Management 28 This report was approved by the Additional Information 36 Consolidated financial statements 40 Bank's Board of Directors on Notes to the consolidated financial statements 46 September 22, 2020 Banco Santander Totta, SA Rua do Ouro, 88 – 1100-063 Lisbon Share Capital: €1,256,723,284 Registered at the Lisbon Registry of Companies under single registration and VAT number 500 844 321 BancoLEI: 549300URJH9VSI58CS32 Santander Totta, S.A. 2 MESSAGE FROM THE CHIEF EXECUTIVE OFFICER We were at the forefront with the definition of concrete measures to support our employees, customers and suppliers, in order to mitigate the effects of the pandemic. We supported the Portuguese economy strongly in the first half, having increased credit by €1.9 billion, of which €1.1 billion for companies having a major participation in the protocolled lines. In terms of our activity as Responsible Bank, and since the crisis began, we tripled the value of our social responsibility budget, in the matter of donations to institutions that support those most in need. We provided more than €3 million to help fight the disease, in particular for research, purchase of hospital The results of the first half 2020 already incorporate, as equipment, support for the most vulnerable sectors of society expected, a significant impact associated with Covid-19.
    [Show full text]
  • Santander Totta, Sgps, S.A
    BASE PROSPECTUS SANTANDER TOTTA, SGPS, S.A. (incorporated with limited liability in the Republic of Portugal) and BANCO SANTANDER TOTTA, S. A. (incorporated with limited liability in the Republic of Portugal) acting through its Lisbon Head Office EUR 10,000,000,000 Euro Medium Term Note Programme Under the EUR 10,000,000,000 Euro Medium Term Note Programme (the “Programme”), Banco Santander Totta, S.A. (“BST”) and Santander Totta, SGPS, S.A. (“SGPS”) (BST and SGPS together, the “Issuers” and each, an “Issuer”), subject to compliance with all relevant laws, regulations and directives, may from time to time issue Euro Medium Term Notes (the “Notes”). The aggregate nominal amount of Notes outstanding will not at any time exceed EUR 10,000,000,000 (or the equivalent in other currencies). Application has been made to the Commission de Surveillance du Secteur Financier (the “CSSF”) in its capacity as competent authority under the Luxembourg Act dated 10 July 2005 on prospectuses for securities (the “Prospectus Act 2005”) to approve this document as a base prospectus (the “Base Prospectus”) in relation to the Issuers. The CSSF assumes no responsibility for the economic and financial soundness of the transactions contemplated by this Base Prospectus or the quality or solvency of the Issuers in accordance with Article 7(7) of the Prospectus Act 2005. Application has also been made to the Luxembourg Stock Exchange for notes (“Notes”) issued under the Programme to be admitted to trading on the Luxembourg Stock Exchange’s regulated market and to be listed on the official list of the Luxembourg Stock Exchange (the “Official List”).
    [Show full text]
  • Saúde Pacto Setorial Para a Competitividade E Internacionalização
    Nº125 | novembro 2019 | mensal www.portugalglobal.pt Portugalglobal SAÚDE PACTO SETORIAL PARA A COMPETITIVIDADE E INTERNACIONALIZAÇÃO ENTREVISTA // PEDRO CASTRO E ALMEIDA, CEO DO BANCO SANTANDER PORTUGAL MERCADOS // ESTADOS UNIDOS DA AMÉRICA EMPRESAS // BEESWEET E MIRAZEITE ZILS, ZONA INDUSTRIAL E LOGÍSTICA DE SINES UMA LOCALIZAÇÃO ESTRATÉGICA PARA O SETOR PETROQUÍMICO 2.375 HA UMA ZONA INDUSTRIAL LICENCIADA PARA ACOLHER TODAS AS CLASSES DE INDÚSTRIA, LOGÍSTICA E SERVIÇOS UMA LOCALIZAÇÃO ESTRATÉGICA JUNTO A TERMINAIS DEDICADOS DO PORTO DE SINES - TERMINAL SINES DE GRANÉIS LÍQUIDOS, TERMINAL ZILS PETROQUÍMICO E TERMINAL GNL NETWORK DE PIPELINES LIGANDO O PORTO DE SINES À ZILS E ÀS EMPRESAS DENTRO DA ZONA INDUSTRIAL PORTO DE SINES INSTALAÇÕES DE QUALIDADE CENTRO DE NEGÓCIOS, ESCRITÓRIOS, SALAS DE REUNIÃO E AUDITÓRIO ACESSIBILIDADES TRANSEUROPEIAS EXCELENTES REDES DE TRANSPORTE NACIONAIS E INTERNACIONAIS - AUTOESTRADA A 40 KM; REDES RODOVIÁRIAS E FERROVIÁRIAS INTEGRADAS NA ZILS RECURSOS HUMANOS QUALIFICADOS UNIVERSIDADES E ESCOLAS TÉCNICAS, COM CURSOS E INVESTIGAÇÃO À MEDIDA DAS NECESSIDADES DO SECTOR PETROQUÍMICO – QUÍMICA, MANUTENÇÃO E CONTROLE INDUSTRIAL, ELETROMECÂNICA, AUTOMAÇÃO E ROBÓTICA www.globalparques.pt sumário ZONA INDUSTRIAL E LOGÍSTICA DE SINES ZILS, Portugalglobal nº125 UMA LOCALIZAÇÃO ESTRATÉGICA novembro 2019 PARA O SETOR PETROQUÍMICO Destaque [6] 6 Pacto Setorial para a Competitividade e Internacionalização da Saúde: a estratégia de uma parceria entre o Ministério da Economia e o Health Cluster Portugal, que envolve a AICEP no 2.375 HA domínio da promoção externa deste setor, bem como várias UMA ZONA INDUSTRIAL LICENCIADA outras entidades e associações. PARA ACOLHER TODAS AS CLASSES DE INDÚSTRIA, LOGÍSTICA E SERVIÇOS Entrevista [22] UMA LOCALIZAÇÃO Pedro Castro e Almeida, CEO do Banco Santander Portugal.
    [Show full text]
  • Fusões & Aquisições Na Banca Portuguesa: O Impacto No Desempenho Operacional Dos Bancos Adquirentes
    Instituto Politécnico de Portalegre Escola Superior de Tecnologia e Gestão Mestrado em Gestão de Pequenas e Médias Empresas Fusões & Aquisições na Banca Portuguesa: O Impacto no Desempenho Operacional dos Bancos Adquirentes Estudo de Caso: Aquisição do Banif por parte do Banco Santander Totta, S.A. João Carlos Borba Cardoso Orientador: Professor Doutor João Carlos Parente Romacho Coorientador: Professor Joaquim Manuel Baltazar Vaz Portalegre Julho de 2020 _Fusões & Aquisições na Banca Portuguesa: O Impacto no Desempenho Operacional dos Bancos Adquirentes “A gestão não tem a ver com a preservação do status quo, mas sim com a manutenção do mais elevado índice de mudança que a organização e as pessoas nela podem suportar” (John Harvey-Jones) ii João Carlos Borba Cardoso _Fusões & Aquisições na Banca Portuguesa: O Impacto no Desempenho Operacional dos Bancos Adquirentes Agradecimentos Primeiramente aos meus pais e irmã os quais contribuíram e permitiram que o meu sonho se realizasse, apoiando-me, acreditando em mim e fazendo com que eu nunca desistisse dos meus objetivos, sem eles seria impossível ter chegado até aqui. Aos Professores Doutores João Romacho e Joaquim Baltazar Vaz pela orientação, ajuda e encorajamento ao longo de todo o processo de elaboração do relatório. A todos os docentes da Escola Superior de Tecnologia de Gestão, pois sem os conhecimentos transmitidos ao longo destes anos, onde me ensinaram e inspiraram a prosseguir os meus estudos. A todos os meus colegas com quem ao longo destes anos trabalhei e que enriqueceram o meu percurso académico. A todos, muito Obrigado. iii João Carlos Borba Cardoso _Fusões & Aquisições na Banca Portuguesa: O Impacto no Desempenho Operacional dos Bancos Adquirentes Resumo O presente trabalho, pretende investigar através de um estudo de caso, o processo de Fusões e Aquisições (F&A) na Banca Portuguesa.
    [Show full text]
  • Annual Report
    Annual Report 2019 Let’s continue working for a better world #TheRightWay santander.pt Banco Santander Totta SA Banco Santander Totta, S.A. 1 Banco Santander Totta SA Table of Indicators 3 Message from the Chief Executive Officer 4 Customers and Distribution Network 5 Corporate culture, awards, distinctions and other 7 relevant facts in 2019 Sustainability policy 14 Activity and Results Business Framework 18 Major risks and uncertainties 24 Business Areas 25 Business support areas 30 Economic and financial information 34 Relevant Facts after the close of the period and the 43 outlook for 2020 Risk Management 45 Credit, and counterparty risk 46 Balance-sheet risk 48 Market risk 49 This report was approved by the Operational risk 50 Bank's Board of Directors on April Compliance and reputation risk 51 21, 2020 Proposal for the Appropriation of Net Income 53 Additional Information 54 Corporate Governance Report 58 Financial statements, notes to the accounts, reports and opinions Consolidated financial statements 121 Notes to the consolidated financial statements 127 Consolidated reports and opinions of the 277 consolidated business Banco Santander Totta, SA Rua do Ouro, 88 – 1100-063 Lisbon Share Capital: €1,256,723,284 Registered at the Lisbon Registry of Companies under number single registration and VAT number 507 096 851 LEI: 549300URJH9VSI58CS32 Banco Santander Totta, S.A. 2 TABLE OF INDICATORS BALANCE SHEET AND RESULTS (million euro) 2019 2018 Var. Total Net Assets 52,305 51,281 +2.0% Loans and advances to customers (net) 1 39,340 39,629 -0.7% Customers' Resources 43,174 40,538 +6.5% Total shareholders' equity 3,635 3,552 +2.3% Net Interest Income 854.5 866.7 -1.4% Net Fees and other operating results 362.6 359.1 +1.0% Net Income from Banking Activities 1,293.1 1,217.0 +6.3% Net Operating Income 698.4 602.2 +16.0% Income before taxes and non-controlling interests* 698.2 642.2 +8.7% Consolidated net income attributable to the shareholders of BST 489.5 470.0 +4.1% RATIOS 2019 2018 Var.
    [Show full text]
  • Annual Report 2020
    Annual Report Proposal 2020 santander.pt All Together Now Banco Santander Totta, S. A. Banco Santander Totta Table of Indicators 3 Message from the Chairmen of the Board of 4 Directors and of the Executive Committee Corporate Culture, Awards, Distinctions and Other 6 Relevant Facts in 2020 Customers and the Bank’s distribution network 12 Responsible Banking 14 Business and Results Business Framework 19 Major Risks and Uncertainties for 2021 25 Business Areas 26 Business Support Areas 32 Economic and Financial Information 38 Relevant Facts After the End of the Period, and 45 Outlook for 2021 Risk Management Risk Management and Monitoring Model 46 Risk Management in 2020 49 Proposal for the Appropriation of Net Income 57 Additional Information 58 Corporate Governance Report 64 Financial Statements, Notes to the Accounts, and Reports and Opinions Consolidated Financial Statements 103 Notes to the Consolidated Financial Statements 109 Reports and Opinions on the Consolidated Business 246 Banco Santander Totta, S. A. This report was approved by the Bank's Board Rua do Ouro, 88 – 1100-063 Lisbon Share Capital: €1,256,723,284 Registered at the Lisbon Commercial Registry under single registration and VAT number 507 096 851 of Directors on April 20, 2021 LEI: 549300URJH9VSI58CS32 Banco Santander Totta, S. A. 2 TABLE OF INDICATORS BALANCE SHEET AND RESULTS (million euro) Dec-20 Dec-19 Var. Total Net Assets 54,403 52,305 +4.0% Loans and advances to customers (net) 41,680 39,062 +6.7% Customers' Resources 43,539 43,174 +0.8% Total shareholders' equity 4,111 3,635 +13.1% Net Interest Income 785.0 854.5 -8.1% Net Fees and Other Income 386.0 395.3 -2.3% Net Income from Banking Activities 1,274.8 1,325.8 -3.8% Net Operating Income 703.4 731.1 -3.8% Income before taxes and non-controlling interests 368.5 698.2 -47.2% Consolidated net income attributable to the shareholders of BST 257.7 489.5 -47.3% RATIOS Dec-20 Dec-19 Var.
    [Show full text]
  • Banco Santander Totta, SA Informa Sobre Relatório E Contas De 2020 a Submeter À Assembleia Geral
    Relatório Anual Proposta 2020 santander.pt Todos Juntos Agora Banco Santander Totta, S. A. Banco Santander Totta, S.A. Mapa de Indicadores 3 Mensagem dos Presidentes do Conselho de 4 Administração e da Comissão Executiva Cultura corporativa, prémios, distinções e outros 6 factos relevantes em 2020 Clientes e rede de distribuição 13 Banca Responsável 15 Atividade e Resultados Enquadramento da atividade 20 Principais riscos e incertezas para 2021 26 Áreas de negócio 27 Áreas de suporte ao negócio 33 Informação económica e financeira 39 Factos relevantes após o termo do exercício e 48 perspetivas para 2021 Gestão de Risco Modelo de gestão e controlo de risco 49 Gestão de risco em 2020 52 Proposta de Aplicação de Resultados 60 Informação Complementar 61 Relatório de Governo Societário 67 Demonstrações financeiras, notas, relatórios e pareceres Demonstrações financeiras consolidadas 107 Notas às demonstrações financeiras consolidadas 113 Relatórios e pareceres da atividade consolidada 253 Demonstrações financeiras individuais 276 Notas às demonstrações financeiras individuais 282 Relatórios e pareceres da atividade individual 402 Banco Santander Totta, SA Este relatório foi aprovado pelo Conselho de Rua do Ouro, 88 - 1100-063 Lisboa Capital Social: 1.256.723.284 € Matriculado na Conservatória do Registo Comercial do Lisboa sob o nº 500 844 321 e NIPC nº 500 844 321 Administração do Banco em 20 de abril de 2021 LEI: 549300URJH9VSI58CS32 Banco Santander Totta, S.A. 2 MAPA DE INDICADORES BALANÇO E RESULTADOS (milhões de euros) Dec-20 Dec-19 Var.
    [Show full text]