Company:Openbank
 Openbank Logo | |
| Type | Sociedad Anónima |
|---|---|
| Industry | Finance |
| Founded | 1995 |
| Headquarters | , |
Area served | Spain |
Key people | Ezequiel Szafir Holcman (CEO) |
| Products | Financial services |
| Parent | Grupo Santander |
| Website | www |
Openbank is an online bank, headquartered in Madrid, Spain .[1] Since its foundation in 1995, it has been a subsidiary of Grupo Santander. According to the Spanish Banking Association, by the end of 2016 nearly 1,350,000 accounts had been registered with the bank.
History
Banco Santander created Openbank in 1995, and launched a website for it in 1996. In 2000, after buying the Argentine portal Patagon.com for $540 million, Openbank changed its name to Patagon Internet Bank S.A.,[2] a financial portal that combined traditional banking with digital features such as chatrooms and internet forums. In 2001, Patagon Internet Bank S.A. opened commercial offices in Zaragoza, Madrid, Pamplona, Valencia, and Barcelona. In 2005 it was renamed to Openbank, and in 2011 it released a banking app for iOS and Android.
Features
Open bank offers a 24x7 service to all its customers. This allows them to be in permanent contact with the branch, by telephone, email or chat.
In addition, it allows them to deposit or withdraw cash, commission-free, at the more than 4,500 ATMs in the Santander network in Spain.
Open Wealth has been created as its new investment platform. With this platform customers can invest, in real time from a computer or mobile phone, in the more than twenty-five markets available to them through the professional trading tool.
The bank also offers a family plan, Open Young, which has a prepaid card for use by children who can even request payment from their own app.
It also has a function that allows customers to activate or deactivate their cards whenever they want, from anywhere, or to defer payments from their mobile.
In addition, Open Mortgage customers can obtain a mortgage with a nominal interest rate of Euribor + 0.99%.
Management
CEO: Ezequiel Szafir Holcman
Sources
- ↑ Zuloaga, Jorge. "Santander estrena el nuevo Openbank en su oficina insignia de Castellana" (in es). Vozpópuli. http://www.vozpopuli.com/economia-y-finanzas/banca/Santander-estrena-Openbank-insignia-Castellana_0_1028898497.html. Retrieved 2017-07-26.
- ↑ Patagon y SCH, historia de un desencuentro
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