Listing on Buenos Aires SE
Banco Santander Central Hispano SA
6 April 2000
BANCO SANTANDER CENTRAL HISPANO LISTS ITS SHARES ON THE BUENOS AIRES STOCK
EXCHANGE
The first time the Bank's shares trade on a Latin American stock exchange
Madrid, April 6, 2000 - Banco Santander Central Hispano announced that its
shares begin trading today on the Buenos Aires Stock Exchange, under the symbol
STD.
With this listing, Banco Santander Central Hispano will trade for the first time
on a Latin American stock exchange and thereby it strengthens its links to a
region where it operates the leading financial services franchise.
The Santander Central Hispano Group is represented in Argentina by Banco Rio de
la Plata, one of the leading banks in terms of profitability, asset quality and
net worth, and by Origenes AJFP, the largest pension fund manager by number of
affiliates and the leader by historical performance.
The Buenos Aires Stock Exchange was founded in 1854, and presently a total of
124 companies are listed there. It is the third largest by volume in Latin
America and the fourth largest by market capitalisation.
Banco Santander Central Hispano has more than 800,000 shareholders throughout
the world. In addition to the four Spanish stock exchanges, and now Buenos
Aires, it lists in Frankfurt, Italy, Lisbon, London, Paris, the Swiss bourses,
Tokyo and New York (in the form of ADRs and under the symbol STD). In 1999 it
was incorporated into the Euro Stoxx 50 index, which comprises the 50 leading
stocks by market capitalisation in the Euro Zone, where it is presently one of
the three largest banks by this measure.
Banco Santander Central Hispano is Spain's leading financial group, with assets
of US$260 billion at the end of 1999 and total managed funds US$339.7 billion.
In Latin America it operates in 12 countries and has more than US$68 billion in
assets there, making it the leading financial group in the region with an
average market share of 8%.
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