Santander

[sahn-tahn-der]

noun

1. Francisco de Paula 1792–1840, South American soldier and statesman: president of New Granada 1832–37.

2. a seaport in N Spain: Altamira prehistoric cave drawings nearby.

Santander

/ santanˈdɛr /

noun

1. a port and resort in N Spain, on an inlet of the Bay of Biscay: noted for its prehistoric collection from nearby caves; shipyards and an oil refinery. Pop: 184 778 (2003 est)

Example Sentences

The Stoxx Europe 600 Banks index is down 2.5%, with Deutsche Bank dropping 5.8%, Societe Generale shedding 4.3% and Banco Santander falling 3.73%, amid fears about U.S. regional banks.

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They included more than $2 billion of off-balance-sheet asset-backed loans, as well as a $210 million loan from UBS and a $77 million loan from Santander.

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Close Brothers, which has the largest relative exposure given that car finance represents a significant part of its loan book, as well as Bank of Ireland, FirstRand and Santander UK have booked millions of pounds in provisions to cover the potential fallout.

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Santander and Bank of Ireland—non-U.K. lenders that are exposed to the probe through their subsidiaries in the country—also edged up in early European morning trade.

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Lloyds Bank has put aside £1.15bn, and Santander has allocated £295m.

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