News
Bankinter unveils Bankinter Investment, its new investment banking brand, after mobilising over 3 billion euros toward alternative assets in three years
Investment Banking celebrates five years as a business line in the bank and aims to more than double new capital over the next three years to over 8 billion euros invested in alternative assets.
The bank has become a reference in alternative investment vehicles after creating two REITs with hotel and commercial real estate assets, three renewable energy funds, two funds based on student housing and infrastructure, and a fund of funds focused on technology and Silicon Valley.
Bankinter Consumer Finance predicts that, in three years, ‘Singles’ Day’ will be a strong trend
The fourth ‘bankintercard’ Report shows how large e-commerce platforms have capitalised on and expanded certain circumstantial events to turn them into worldwide business milestones in very few years.
‘Singles’ Day’ (also known as ‘11.11’) is taking off in Spain, a port of entry for consumer trends in Europe, as part of an initiative that pushing Christmas shopping even earlier and driving singles and non-singles alike to treat themselves.
On the rise in Spain and boosting consumption, singles spend the most, in relative terms, with credit card (in 2018, 2,650 euros a year per person on average), and have increased their spending the fastest (+11.6%) from 2016 to 2018.
Bankinter earns profit of 444.4 million euros, a 10.1% increase, with improvements in all margins and on the back of its robust customer business
Minus the effects of acquiring EVO Banco and the rest of its figures included since 31 May, net profit growth would be 2.1%.
The positive cost-to-income ratio of banking operations is significant. Minus EVO Banco, it stands at 46.7%, one of the best figures among Spanish banks.
Bankinter’s growth in lending (+8.4%) and retail deposits (+13.6%) remains on track. Without figures from EVO Banco, growth is still above the industrial average.
In 2020, Bankinter will have the same minimum capital requirement for the European Central Bank as in 2019
The EU supervisor decided that it will review Bankinter’s capital requirements every two years (instead of annually) owing to its prudent risk profile and appropriate capital adequacy level.
Bankinter Broker turns 20, with a 28% share of the retail investor market
In 1999, the bank revolutionised stock trading with a fixed-rate system and access to over 20 international markets.
Today Bankinter Broker has 100,000 customers making 1.3 million trades a year in equities markets.
The bank is celebrating its 20th anniversary by releasing a new app.
Bankinter organises MARF’s first green bond programme
The bank acts as the coordinating entity and sole placement agent for the 50 million-euro green bond programme listed by Grenergy Renovables in the Alternative Fixed-Income Market (MARF).
Bankinter’s investment banking area reaches new sustainable financing milestone with mid-cap companies.
Bankinter to participate in the Financial Education Day, with over nine consecutive hours of finance lessons on YouTube
The Bankinter Broker aims to promote learning about markets and how they operate among those interested in investing.
Bankinter launches ‘Money Town’, a platform for teachers and parents to promote financial literacy
These free lessons ultimately aim to promote learning about finance among secondary school students.
Bankinter rewards pension plan transfers with up to 4% cash back
The bank is launching its year-end campaign until 31 January, deadline for transferring plans.
New customers can also earn an extra 0.25% bonus if they make an additional contribution of over 3,000 euros and hold more than 25,000 euros in total assets in their plans at the end of the year.