EE Impact

Banco Santander SA

Spain · Finance & Payments

LeaveRussia detail: Withdrawal

Exited Russia

Grupo Santander is the largest financial and credit group in Spain.

Status last verified 03/08/2026Source checked 18/02/2025Company website ↗LeaveRussia profile ↗

Business in Russia

Santander Bank to limit outgoing and incoming transfers from Russia.

Decision trail

Decision date 07/04/2022 · Reference ↗

No presence and very little direct exposure in Russia. Will not engage in new business with Russian companies. Removing Europe to Ukraine transfer fees. Suspending account, card, and ATM fees for Ukrainian customers in Poland Pledge of $1.3M to Red Cross and UNHCR plus employee match donations. Warsaw previously froze the accounts of the Russian embassy: allegedly, the Polish side had suspicions that they could be used for money laundering or financing terrorism. Now Santander Bank announced the termination of cooperation with the embassy and closed the accounts.

Local stats (LeaveRussia)

Glob.Revenue, mln.USD
62331

Status history since 2022

  1. 03/08/2026 exited · Imported from KSE LeaveRussia

Exposure profile

Full exposure profile is a Professional feature

Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.

Upgrade to Professional
Statuses, logos and narrative notes are compiled from public reporting and the KSE LeaveRussia project. Found an error? See our corrections policy.