Topic

Santander

Santander's Q2 net profit up 3% compared to same period in 2025

Published 22 Jul, 2026 10:56am

The euro zone’s largest lender in terms of market value booked a net profit of €3.52 billion

European stocks rebound from selloff driven by war fears

Published 05 Mar, 2026 05:31am

FRANKFURT: European shares rebounded on Wednesday from the previous day’s bruising selloff, as investor fears over...

Santander Brasil’s net profit up in Q1 despite ‘challenging’ macro scenario

Published 30 Apr, 2025 05:02pm

SAO PAULO: Lender Santander Brasil on Wednesday reported a 27.8% year-on-year rise in its first-quarter net profit,...

Santander lifts outlook after record first half profit

Published 25 Jul, 2024 07:08am

MADRID: Spanish banking giant Santander lifted its outlook for 2024 on Wednesday after posting a record first-half...

Spain’s Santander Q1 net profit rises 1% vs same period a year ago

Published 25 Apr, 2023 10:31am

MADRID: Spain’s Santander on Tuesday said its net profit in the first quarter rose 1% compared to the same period of...

Santander bank posts record profit as rates rise

Published 02 Feb, 2023 05:31pm

MADRID: Spanish banking giant Banco Santander reported on Thursday record profits for 2022, becoming the latest...

Santander to block UK transfers to crypto exchanges in 2023

Published 04 Nov, 2022 08:41pm

LONDON: Santander will block UK customers from sending real-time payments to cryptocurrency exchanges next year as...

Santander profits soar to pre-pandemic levels

Published 02 Feb, 2022 05:59pm

MADRID: Spanish banking giant Santander bounced back from the pandemic as it returned to profit last year, beating...

Santander to pay Italy top banker $76m for job U-turn

Published 13 Dec, 2021 06:45am

MADRID: Spanish bank Santander was on Friday ordered to pay almost 68 million euros ($76 million) to Italy’s ...

Santander's Q3 net profit rises 24% y/y on US and UK markets

Published 27 Oct, 2021 10:49am

MADRID: Spain's Santander on Wednesday said its net profit in the third quarter rose 24% against the same period of...

Santander US holding to buy 20pc of US consumer unit for $2.5bn

Published 25 Aug, 2021 04:43am

MADRID: Santander's US business is to buy the minority stake in its U.S. consumer unit it does not already own for...

Santander to pump up payments business in bid to boost valuation

Published 20 May, 2021 09:25pm

Expects payments unit revenue to hit 1 bln euros.
Chairman Botin says may list PagoNxt, no plans now.
Looking at small acquisitions.

Santander says technical difficulties affecting UK customers

Published 15 May, 2021 07:08pm

The bank has 14 million customers in Britain and said in a statement on Twitter it was working hard to fix the problem.
"You can access cash from other bank's ATMs and at the Post Office."

Santander's asset management arm to launch trade finance fund

Published 08 Apr, 2021 08:10pm

The fund - aimed at institutional and accredited investors - will primarily buy assets created by the banking group's trade finance business in transactions with its large corporate clients, the sources said.
The recent collapse of British supply chain finance company Greensill, however, has raised investor concerns on some of the risks involved and in some cases, the sector's lack of transparency.

Brazil health crisis forces Santander into office retreat

Published 26 Mar, 2021 08:01pm

Santander Brasil's retreat is the latest sign of tension between a corporate eagerness to re-open offices and the growing risk of contagion as Brazil's COVID-19 crisis worsens.
"There are no hospital beds left, so banks are sending workers back home," Ivone Silva, head of the bank workers' union in the Sao Paulo region said.

Aviva pushes back bid deadline for Polish unit over Santander contract

Published 24 Feb, 2021 09:25pm

Germany's Allianz is also in the race after missing out on Aviva's French business, which was snapped up by mutual insurer Aema Groupe for 3.2 billion euros on Tuesday, the sources said.
Aviva, which initially requested binding offers by Feb. 26, needs more time to renegotiate a bancassurance partnership in Poland with Santander, the sources said.

Virus pushes Santander into massive annual loss

Published 03 Feb, 2021 05:40pm

Santander reached an agreement with unions in December to cut almost 3,600 jobs and close over 1,000 branches in its home market Spain.

Bank of England set to wait for end to Brexit stand-off

Published 17 Dec, 2020 10:55am

The BoE's bond-buying programme is widely seen as its most likely weapon should it need to return to the stimulus pumps.

Santander plans to cut 4,000 jobs and up to 1,000 branches in Spain

Published 13 Nov, 2020 07:14pm

The sources said another 1,000 staff would move on to different jobs within its Spanish branches.
Banks across Europe are struggling to cope with record low interest rates.

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Forex
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Currency	Rate
USD PKR Interbank Selling / Sep 30	277.31
USD PKR Interbank Buying / Sep 30	277.11
USD to Japanese Yen / Sep 30	157.84
USD to Swiss Franc / Sep 30	0.83
Pound Sterling to USD / Sep 30	1.33
Euro to USD / Sep 30	1.13
SOFR % / Sep 29	3.88

Stock	Volume
S&P 500 / Sep 30	7,651.54
India Sensex / Sep 30	72,480.29
Tokyo Nikkei / Sep 30	66,753.72
Nasdaq / Sep 30	26,861.06
Hang Seng / Sep 30	24,613.27
FTSE 100 / Sep 30	10,606
Dow Jones / Sep 30	50,906.05
Germany DAX 30 / Sep 30	25,199.19
France CAC40 / Sep 30	7,964.51

Item	Value
Crude Oil USD/Barrel / Sep 30	90.56
Karachi Cotton PKR/37.32 KG / Sep 30	18,680
Gold 10 Grams PKR / Sep 30	378,631
Gold Spot USD/Ounce / Sep 30	4,154.77
Cotton US¢/pound / Sep 30	78.52
Petrol/Litre / Oct 1	387.54
Diesel/Litre / Oct 1	402.24

Gainers
Losers
Leaders

Stock	Price
Colony Tex.Mills Ltd / Sep 30 Colony Textile Mills Limited(CTM)	7.26 ▲ 1 (15.97%)
Kohinoor Spinning / Sep 30 Kohinoor Spinning Mills Limited(KOSM)	5.73 ▲ 0.77 (15.52%)
Lse Spac-I Ltd. / Sep 30 Lse Spac-I Limited(SPAC1)	20.41 ▲ 1.86 (10.03%)
Tri-Star Mutual / Sep 30 Tri-Star Mutual Fund Limited(TSMF)	16.57 ▲ 1.51 (10.03%)
Sindh Modaraba / Sep 30 Sindh Modaraba(SINDM)	33.28 ▲ 3.03 (10.02%)
Ghazi Fabrics / Sep 30 Ghazi Fabrics International Limited(GFIL)	26.38 ▲ 2.4 (10.01%)
Asim Textile / Sep 30 Asim Textile Mills Limited(ASTM)	113.96 ▲ 10.36 (10%)
Dadex Eternit / Sep 30 Dadex Eternit Limited(DADX)	150.32 ▲ 13.67 (10%)
First Punjab Modaraba / Sep 30 First Punjab Modaraba(FPJM)	29.04 ▲ 2.64 (10%)
Oilboy Energy / Sep 30 Oilboy Energy Limited(OBOY)	18.59 ▲ 1.69 (10%)

Stock	Price
Ashfaq Textile / Sep 30 Ashfaq Textile Mills Limited(ASHT)	50.57 ▼ -5.62 (-10%)
Ghani Chemworld Limited(PRS) / Sep 30 Ghani Chemworld Limited(PRS)(GCWLPRS)	118.83 ▼ -13.16 (-9.97%)
Burj Clean Energy Modaraba / Sep 30 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	11.25 ▼ -1.15 (-9.27%)
The Thal Ind.Corp. / Sep 30 The Thal Industries Corporation Limited(TICL)	918.13 ▼ -92.07 (-9.11%)
Pakistan Services / Sep 30 Pakistan Services Limited(PSEL)	1,019.63 ▼ -99.15 (-8.86%)
Mandviwala / Sep 30 Mandviwala Mauser Plastic Industries(MWMP)	77.07 ▼ -7.14 (-8.48%)
S.G.Power / Sep 30 S.G. Power Limited(SGPL)	23.41 ▼ -1.84 (-7.29%)
D.M. Corporation / Sep 30 D.M. Corporation Limited(DMC)	165.33 ▼ -11.63 (-6.57%)
Cordoba Logistics / Sep 30 Cordoba Logistics & Ventures Limited(CLVL)	28.32 ▼ -1.94 (-6.41%)
EMCO Industries / Sep 30 Emco Industries Limited(EMCO)	32.10 ▼ -1.93 (-5.67%)

Stock	Volume
Pak Int.Bulk / Sep 30 Pakistan International Bulk Terminal(PIBTL)	73,446,994 ▲ 0.11
Kohinoor Spinning / Sep 30 Kohinoor Spinning Mills Limited(KOSM)	58,387,095 ▲ 0.77
Tasdeeq Info. Serv. / Sep 30 Tasdeeq Information Services Limited(TISL)	50,882,891 ▼ -0.09
Cnergyico PK / Sep 30 Cnergyico PK Limited(CNERGY)	28,308,841 ▲ 0.03
D.S. Ind. Ltd. / Sep 30 D.S. Industries Limited(DSIL)	21,823,804 ▲ 1.27
Arif Habib Corp / Sep 30 Arif Habib Corporation Limited(AHCL)	17,873,579 ▲ 0.1
Pak Refinery / Sep 30 Pakistan Refinery Limited(PRL)	17,817,038 ▲ 0.45
WorldCall Telecom / Sep 30 Worldcall Telecom Limited(WTL)	17,431,935 ▼ -0.01
S.G.Power / Sep 30 S.G. Power Limited(SGPL)	16,575,953 ▼ -1.84
F. Nat.Equities / Sep 30 First National Equities Limited(FNEL)	14,238,200 ▲ 0

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