Abbey, part of the Santander group

Abbey is a wholly owned subsidiary of Banco Santander Central Hispano, S.A. ("Santander") (SAN.MC, STD.N). Santander is the largest bank in the Euro Zone by market capitalisation and one of the largest worldwide.

Founded in 1857, Santander has €1,000,996 million in managed funds, 67 million customers, 10,852 branches and a presence in 40 countries. It is the largest financial group in Spain and Latin America, and is the sixth largest bank in the United Kingdom, through its Abbey subsidiary, and is the third largest banking group in Portugal. Through Santander Consumer Finance, it also operates a leading consumer finance franchise in Germany, Italy, Spain and nine other European countries. In 2006, Santander recorded €7,596 million in net attributable profits, an increase of 22% from the previous year.

OB10 and Abbey, part of the Santander Group partner to offer cash flow benefits and processing cost savings to businesses in the UK, Europe and internationally.

Read more about the Partnership