REG - Santander UKGrp Hdgs - 2024 Resolvability Disclosure

Banco Santander SAAnnouncement

06/08/2024 09:00

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RNS Number : 2433Z  Santander UK Group Holdings PLC  06 August 2024

06 August 2024

 

 

SANTANDER UK GROUP HOLDINGS PLC

 

2024 RESOLVABILITY DISCLOSURE

 

In line with the Bank of England's Resolvability Assessment Framework (RAF),
and the PRA requirement to conduct a self-assessment of resolvability and to
publish a summary of that assessment, Santander UK Group Holdings plc has
published its summary of its preparations in the event of resolution. This can
be found here:
https://www.santander.co.uk/about-santander/investor-relations/resolvability-assessment-framework
(https://www.santander.co.uk/about-santander/investor-relations/resolvability-assessment-framework)
.

- Ends -

 

For media enquiries, please contact:

 

 Paul Sharratt  Head of Investor Relations                      ir@santander.co.uk (mailto:ir@santander.co.uk)
 Stewart Todd   Head of Communications and Responsible Banking  Stewart.Todd@santander.co.uk (mailto:Stewart.Todd@santander.co.uk)

 

Additional information about Santander UK and Banco Santander

Santander UK is a financial services provider in the UK that offers a wide
range of personal and commercial financial products and services. At 30 June
2024, the bank had around 19,600 employees and serves around 14 million active
customers, including 7 million digital customers via a nationwide 444 branch
network, telephone, mobile and online banking. Santander UK is subject to the
full supervision of the FCA and the PRA in the UK. Santander UK plc customers'
eligible deposits are protected by the FSCS in the UK.

Banco Santander (SAN SM, STD US, BNC.LN) is a leading commercial bank,
founded in 1857 and headquartered in Spain and one of the largest banks in the
world by market capitalization. The group's activities are consolidated into
five global businesses: Retail & Commercial Banking, Digital Consumer
Bank, Corporate & Investment Banking (CIB), Wealth Management &
Insurance and Payments (PagoNxt and Cards). This operating model allows the
bank to better leverage its unique combination of global scale and local
leadership. Banco Santander aims to be the best open financial services
platform providing services to individuals, SMEs, corporates, financial
institutions and governments. The bank's purpose is to help people and
businesses prosper in a simple, personal and fair way. Banco Santander is
building a more responsible bank and has made a number of commitments to
support this objective, including raising €220 billion in green financing
between 2019 and 2030. In the first quarter of 2024, Banco Santander had
€1.3 trillion in total funds, 166 million customers, 8,400 branches and
211,000 employees.

 

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