Santander BanCorp has Filed With the SEC Its Form 10-K for the Year Ended December 31, 2008
March 13 2009 - 4:01PM
PR Newswire (US)
SAN JUAN, Puerto Rico, March 13 /PRNewswire-FirstCall/ -- Santander
BanCorp (NYSE: SBP; LATIBEX; XSBP) ("the Corporation") has filed
its Form 10K with the Securities and Exchange Commission on March
13, 2009 and in addition to being available at http://www.sec.gov/,
it is also available at http://www.santandernet.com/ and can be
accessed by clicking on "Investor Relations" on the website main
page. In addition, the Corporation makes available additional
financial information on the Corporation's website at
http://www.santandernet.com/ and can be accessed by clicking on
"Investor Relations" on the website main page and clicking on
"Financial Highlights on Excel". Around March 30, 2009, the proxy
statement, the proxy card, the notice of annual meeting and the
Corporation's Annual Report to Shareholders will be available at:
http://bnymellon.mobular.net/bnymellon/sbp A hard copy of Santander
BanCorp's most recent Form 10K and Annual Report, including the
complete audited financial statements is available free of charge
upon request at http://www.santandernet.com/ and can be accessed by
clicking on "Investor Relations" on the website main page.
Institutional Background Santander BanCorp is a publicly held
financial holding company that is traded on the New York Stock
Exchange (SBP) and on Latibex (Madrid Stock Exchange) (XSBP). 91%
of the outstanding common stock of Santander BanCorp is owned by
Banco Santander, S.A. (Santander). The Corporation has five wholly
owned subsidiaries, Banco Santander Puerto Rico, Santander
Securities Corporation, Santander Financial Services, Inc.,
Santander Insurance Agency, Inc. and Island Insurance Corporation.
Banco Santander Puerto Rico has been operating in Puerto Rico for
thirty-two years. It offers a full array of services through 57
branches in the areas of commercial, mortgage and consumer banking,
supported by a team of over 1,700 employees. Santander Securities
offers securities brokerage services and provides portfolio
management services through its wholly owned subsidiary Santander
Asset Management Corporation. Santander Financial Services, Inc.
offers consumer finance products through its network of 64 branches
throughout the Island. Santander Insurance Agency offers life,
health and disability coverage as a corporate agent and also
operates as a general agent. For more information, visit the
Company's website at http://www.santandernet.com/. Banco Santander,
S.A., (SAN.MC, STD.N), headquartered in Madrid, engages primarily
in commercial banking with complementary activities in global
wholesale banking, cards, asset management and insurance. Santander
had over EUR 1.168 trillion in funds under management at the close
of 2008, from more than 80 million customers served through more
than 14,000 offices - more branches than any other international
bank. Founded in 1857, Santander is the largest financial group in
Spain and Latin America and has a significant presence in Western
Europe and in the United Kingdom. In 2008, Santander registered EUR
8,876 million in attributable net profit, an increase of 9% from
2007, excluding capital gains. For more information, see
http://www.santander.com/. In Latin America, Santander manages over
US$200 billion in business volumes (loans, deposits, mutual funds,
pension funds and managed funds) through 6,089 branches. In 2008,
Santander reported EUR 2,945 million in net attributable income in
Latin America, up 10% from the previous year. This news release
contains forward-looking statements that are based on current
expectations, estimates, forecasts and projections about the
industry in which the Company operates, its beliefs and its
management's assumptions. Words such as "expects," "anticipates,"
"targets," "goals," "projects," "intends," "plans," "believes,"
"seeks," "estimates" and variations of such words and similar
expressions are intended to identify such forward-looking
statements. These statements are not guarantees of future
performance and involve certain risks, uncertainties and
assumptions that are difficult to predict. Therefore, actual
outcomes and results may differ materially from what is expressed
or forecast in such forward-looking statements. Except as otherwise
required under federal securities laws and the rules and
regulations of the SEC, the Company does not have any intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events, changes in
assumptions or otherwise. DATASOURCE: Santander BanCorp CONTACT:
Juan M. Diaz, +1-787-777-4240, or Michelle Balaguer,
+1-787-777-4186, both of Santander BanCorp Web Site:
https://www.santandernet.com/
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