Santander car finance market watchers see Santander Car

Market watchers see Santander Car Finance’s stable delinquency metrics as critical in maintaining credit rating outlooks, which feed directly into lower funding costs—supportive to share performance. “This is an excellent deal for customers, combining two strong and complementary banks.” Wealth Management & Insurance is our global division that comprises Santander Private Banking (SPB), Santander Asset Management (SAM) and Santander Insurance under a common service model that harnesses the Group’s scale and capacity. Car finance penetration rates in Spain have risen by 2.2% YoY and are impacting Santander Car Finance’s revenue positively, a factor traders are integrating into valuation multiples this quarter.