Best Logistics Companies To Own In Right Now: Banco Santiago S.A.(SAN)
Banco Santander-Chile provides commercial and retail banking services to corporate and individual customers in Chile. The company offers time and demand deposits, checking accounts, and debit card accounts, as well as savings products; and peso and foreign currency denominated loans to finance various commercial transactions, trade, foreign currency forward contracts, and credit lines. Its loan portfolio comprises consumer loans, auto loans, residential mortgage loans, mutual funds, foreign trade financing, mortgage loans, and commercial loans. The company also provides factoring, credit cards, cash management, treasury services, short?term financing and funding, interest rate and foreign currency derivatives, and securitization services. Further, it offers various financial services, including leasing, financial leasing, financial advisory, mutual fund management, securities brokerage, insurance brokerage, and investment management services. As of December 31, 2010, the c ompany had a branch network of 504 branches. Banco Santander-Chile was founded in 1977 and is headquartered in Santiago, Chile.
Advisors' Opinion:- [By Briton Ryle]
Banco Santander (SAN) isn't just a European bank. In its most recent quarterly earnings report, Spain accounted for just 15% of profits. And the bank has only 20% of its assets in Spain.
- [By Dan Burrows]
Getting Smaller: A big knock on Citigroup is that it’s too big to manage. In response, the bank has been slimming down, shedding business and selling assets over the last several years. That’s fine for now, but not for the long run if Citi hopes to compete with sprawling domestic giants like JPMorgan Chase, as well as foreign powerhouses like Banco Santander (SAN).
- [By Sean Williams]
For investors with more of a penchant for risk who are willing to bet against individual companies, they might con! sider angling a short sale against a large EU banking giant such as Banco Santander (NYSE: SAN ) or focus on a Greece-based bank like the National Bank of Greece (NYSE: NBG ) .
source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/best-logistics-companies-to-own-in-right-now.html
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