- CEO
- Gloria Ortiz Portero
- Full Time Employees
- 6,674
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- Paseo de la Castellana Number 29 Madrid MA Spain 28046
- IPO Date
- Sep 26, 2007
- Business
- Bankinter, S.A. is a Spanish financial institution headquartered in Madrid, founded in 1965, primarily engaged in providing universal banking and financial services. Its core products and services include commercial banking with offerings such as current accounts, fixed-term deposits, mortgages, consumer loans, leasing, and project financing; financial and market banking comprising consulting services, asset management, financial intermediation, securities transactions, and wealth management; private banking; corporate and SME banking services targeting small and medium-sized enterprises, corporations, and government bodies; consumer finance focused on personal loans and credit card services through its subsidiary Bankinter Consumer Finance; and insurance services offered via strategic partnerships. Bankinter operates extensively in Spain, Portugal, and Ireland under the brand Avant Money in Ireland, managing a significant loan portfolio and customer deposits amounting to billions of euros.
In terms of recent major changes, Bankinter completed the merger of its digital banking subsidiary EVO Banco with its Irish division Avant Money in early 2025 to strengthen international growth and digital capabilities, marking a strategic entry into Ireland's deposit market and plans to introduce new current accounts and banking services. The bank pursued an IPO spin-off of its insurance business Línea Directa in 2021, reducing ownership but realizing substantial capital gains. It continued expanding lending and customer funds with record net income in 2024, driven by growth in wealth management, asset management, and corporate financing including supply chain finance, reflecting strategic diversification and revenue growth. Bankinter also emphasizes its digital transformation and sustainable financing through its 2024-2026 strategy, focusing on renewable energy project financing and innovation initiatives, while maintaining leadership in its geographic markets and a strong financial position with increased returns on equity and asset growth.
Bankinter operates through four main business segments: Wealth & Retail Banking, Corporate Banking, Consumer Finance, and Other businesses, offering a comprehensive suite of banking, investment, insurance, and financing products serving individual, corporate, and institutional clients predominantly in the Iberian Peninsula and Ireland. The bank manages assets under management nearing 100 billion euros and has a workforce of over 6,600 employees. Its strategic focus integrates digital banking innovation, geographic expansion in Portugal and Ireland, and sustainable finance commitments aligned with regulatory evolutions under European Central Bank supervision. These recent developments and operational expansions underscore Bankinter's positioning as a significant banking group in Southern Europe with a growing international footprint and diversified financial services platform.