Santander integrates Openbank, Santander Consumer Finance into one entity in Europe

Core Insights - Santander is integrating its digital lender Openbank with Santander Consumer Finance (SCF) into a single entity to streamline operations in European consumer finance [1] Group 1 - The integration aims to enhance efficiency and improve customer experience across the European market [1] - This move reflects Santander's strategy to consolidate its digital and consumer finance operations [1] - The new entity will gradually operate under a unified brand, focusing on digital solutions for consumers [1]