Santander Group Strategy Update
Global capabilities provided by global procurements, digital,
T&O... benefit countries while building an open platform
Contributes today to
Group efficiencies...
€680Mn (2018)
•
€250 Mn procurement
€200 Mn in global data centres,
shared mainframes and
internal offshoring
€80 Mn in cyber
...will deliver for future benefits to
countries and global businesses
EUROPE1
REST
IT & Ops c. €730Mn+c. €270Mn
+
Shared
services &
c.€220Mn
Others
TOTAL
=
c. €1 Bn
=
c. €220Mn
•
€100 Mn in global agreements
€50 Mn in best practice sharing
in operations
Santander
Total c.€1Bn +c.€270Mn = c.€1.2Bn
c.10%
Europe's² cost base
(1) Efficiencies in Europe amount to c.€1Bn, of which c.€250Mn come from Popular (including c.€180Mn from It &Ops and c.€70Mn from Shared services & Others).
Spain, UK, Portugal, Poland and SCF.
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