Clean Break: the company completely halting Russian engagements or exiting Russia

Leave Withdrawal

Grupo Santander is the largest financial and credit group in Spain.

Clean Break: the company completely halting Russian engagements or exiting Russia

Leave Withdrawal
Glob.Revenue, mln.USD
41238
The Company Statement
April 07, 2022

No presence and very little direct exposure in Russia. Will not engage in new business with Russian companies. Removing Europe to Ukraine transfer fees. Suspending account, card, and ATM fees for Ukrainian customers in Poland Pledge of $1.3M to Red Cross and UNHCR plus employee match donations. Warsaw previously froze the accounts of the Russian embassy: allegedly, the Polish side had suspicions that they could be used for money laundering or financing terrorism. Now Santander Bank announced the termination of cooperation with the embassy and closed the accounts.

April 26, 2023Polish prosecutor's office withdrew all funds from the accounts of the Russian embassy
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