Atom Hoteles, la Socimi de Bankinter y GMA, adquiere el Hotel Meliá Valencia
Con esta operación, Atom Hoteles renueva su confianza en Meliá Hotels International, que seguirá operando esta emblemática instalación hotelera.
Bankinter acquires the retail business of Barclays in Portugal
This takeover constitutes a remarkable boost to the growth strategy of the bank and to the consolidation of Bankinter as a bank with a European vocation and reach.
Bankinter agrees to acquire EVO Banco and its Irish consumer credit affiliate, Avantcard
Bankinter Group is committed to expanding in digital banking with its purchase of a leading brand in this market, with 456,000 digital customers and state-of-the-art technological tools.
Acquiring the Irish affiliate, Avantcard, and incorporating its sound, profitable portfolio with growth potential, will boost the Group’s consumer finance operations, diversifying operations geographically.
The acquired businesses will have a very limited impact on capital of 99 million euros, 29 basis points off the fully-load CET1 capital ratio at the end of June.
This deal is still subject to approval from regulators and official bodies.
Bankinter closes deal to acquire operations of EVO Banco and its Irish consumer credit subsidiary, Avantcard
Integrating EVO Banco will help Bankinter boost growth in digital customers and test innovative services and new business lines.
The bank is taking over EVO Banco’s portfolio of 452,000 retail customers, over 130,000 of whom belong to the Irish consumer credit outfit, Avantcard.
Bankinter closes the purchase of Barclays' retail business in Portugal for 86 million euros
The bank pays a multiple of 0.4 times the book value of the business actually transferred
Bankinter takeseffective control of a business with 173,000 customers, a credit portfolio of 4,473.2 million euros, 2,507.8 million in managed assets and 2,530.8 million in deposits
Bankinter completes the requirements to open a branch in Portugal after the approval of the ECB, the BdP and the ASF
The ECB, the BdP and the ASF have given the necessary authorization for Bankinter to open a Branch in Portugal
Bankinter is confident of replicating its successful organic growth model in Portugal
The CEO of Bankinter affirms that the purchase of the retail business of Barclays will create value for the shareholders of the bank from the first year.
Bankinter will issue 200 million euros of AT1, therefore the takeover will have a neutral impact on capital ratios.
The institution expects Portugal to become the largest regional organisation of the bank and reach a 10% return on the invested capital.
The institution increases its credit portfolio by 11.3%, its assets managed off the balance sheet by 15% and its client base by 30% with this purchase.
The impact of the operation on the balance sheet of Bankinter, on its income statement and on the situation of capital and liquidity is very limited and perfectly feasible.
Bankinter impulsa su red de agentes financieros hacia un modelo más enfocado a la banca privada
Directivos del banco trasladan a la Red la nueva estrategia de negocio durante unas jornadas con 100 agentes financieros en La Granja de San Ildefonso.
La entidad cuenta con 430 agentes financieros distribuidos por toda la geografía nacional, que gestionan un patrimonio de 5.000 millones de euros.
Bankinter presented in Portugal at an institutional event hosted by the MNAA-Museu Nacional de Arte Antiga in Lisbon
The bank presented its strategy and business objectives in Portugal to 300 guests, among of which were high-level representatives and authorities of the Portuguese state, bank customers, businesspeople and bank executives.
The Chairman of Bankinter, Pedro Guerrero, expressed his conviction that Bankinter will earn the confidence of new customers and the Portuguese society and economy.
The CEO of the bank, María Dolores Dancausa, highlighted her desire of making Bankinter an example to follow within the Portuguese financial sector.
Meliá Hotels International has reached an agreement selling hotels to a company which is owned by Bankinter and by Bankinter's high-net-worth and institutional customers
The operation has been led by Bankinter Investment.The transactions includes six hotels owned by Meliá, and its ownership in a company which owns two other properties, all of which will continue to be operated by Meliá Hotels International, which will allow it to generate capital gains of approximately €62 million and to retain 7.5% of the new company.
The value of the company is more than €200 million, it being comprised of eight assets which are premium properties based on their location and high potential, supported by a repositioning plan of more than €125 million.
MHI thus fulfils its commitment to carry out a sale in order to increase its liquidity following the crisis caused by COVID-19, also facilitating the immediate transformation of some assets, which, otherwise, would have been delayed.
Bankinter Investment, Bankinter’s Investment Banking department, reinforces its position as a leader in Spanish alternative investments, by launching a new investment vehicle for its customers.