Credit rating increase for Santander Financial Services plc

Santander Financial Services plc, which trades as Santander International and has branches in Jersey and the Isle of Man, has recently had their credit rating increased to A+ from A by Fitch Ratings. “This is a really positive message that despite the decline in the global economic outlook due to the current coronavirus pandemic, Fitch Ratings have recognised the strong and improving financial dynamics of this growing and independent subsidiary. Santander Financial Services plc boasts Tier 1 Equity (CET1) of 39.90%, almost 3 times the minimum requirement, which demonstrates that it is one of the most well capitalised financial institutions in its peer group and offers international clients a strong and secure home for their money.” James Pountney, CEO, Santander Financial Services plc.


Connect with us

Santander International uses cookies to deliver superior functionality and to enhance your experience of our websites. Read about how we use cookies and how you can control them here. Continued use of this site indicates that you accept this policy.

Click if you do not want to see this message again