- Business
- Santander Bank Polska S.A. Santander Bank Polska S.A. operates as one of Poland's largest universal banks, providing a comprehensive range of retail, corporate, and investment banking services to individuals, small and medium-sized enterprises, large corporations, local governments, and public sector clients primarily within Poland. The bank offers personal and premium accounts including foreign currency options in EUR, GBP, USD, and CHF; debit, credit, and prepaid payment cards with contactless and mobile payment features; consumer loans, cash loans, home mortgages in PLN and foreign currencies, and installment loans; savings accounts, term deposits, mutual funds, pension schemes, and investment programs; insurance products such as travel, motor, home, payment protection, and loan/credit card coverage; brokerage services; asset and investment fund management through subsidiaries like Santander Towarzystwo Funduszy Inwestycyjnych S.A.; leasing via Santander Leasing S.A.; factoring through Santander Faktor Sp. z o.o.; and bancassurance products in partnership with entities like Santander Allianz Towarzystwo Ubezpieczeń; as well as services for overseas customers including accounts for foreign nationals with Permanent Residence Cards. Formed in 2001 through the merger of Bank Zachodni S.A. and Wielkopolski Bank Kredytowy S.A., with headquarters in Warsaw and additional key operations in Wrocław and Poznań, the bank maintains a network of 349 branches, nearly 1,400 ATMs, and robust electronic channels including mobile and internet banking, serving approximately 7.5 million customers as a subsidiary of Spain's Banco Santander S.A., which holds a majority stake of around 62%. In May 2025, parent company Banco Santander announced the sale of approximately 49% of Santander Bank Polska to Erste Group Bank AG for a cash consideration of PLN 584 per share, alongside a strategic cooperation agreement in corporate and investment banking and payments platforms, with the transaction expected to close by the end of 2025 and result in Santander retaining about 13% ownership while planning to acquire full control of Santander Consumer Bank Polska.