Your partner for Custody
CACEIS Bank Spain SAU is a leader in the markets and geographies where it operates, and it is the ideal partner that offers value-added solutions to institutional customers
Reassurance and confidence for your investments
CACEIS Bank Spain SAU has an excellent reputation thanks to the local expert teams and flexible technology platforms.
Post-trade solutions
Our purpose is to be the best services platform for entities that require post-trade solutions in the geographies where we operate, earning the lasting loyalty of our people, customers, shareholders and communities

Crédit Agricole S.A and Santander announce the closing of the strategic combination of CACEIS and CACEIS Bank Spain SAU and the creation of a major global player

Crédit Agricole S.A. and Santander are pleased to announce that they have closed the previously announced combination of CACEIS and CACEIS Bank Spain SAU (“S3”).

All the conditions precedent and all board, shareholder and regulatory approvals have been satisfied.

Pursuant to the agreements, 100% of S3 Spain and 49.99% of S3’s operations in Latin America (Brazil, Mexico and Colombia) have been contributed to CACEIS. As a result, Crédit Agricole S.A. and Santander hold 69.5% and 30.5% of CACEIS, respectively.

The transaction combines two strong custody and asset servicing players to form a leading global player in Europe and worldwide, with EUR 3.9 trillion in assets under custody and EUR 2.1 trillion in assets under administration (figures at 30/09/2019).

CACEIS and S3 will benefit from value creation thanks to commercial synergies and growth prospects. They will gain competitive positioning and benefits from enhanced geographical presence, the full coverage of the asset servicing value chain and an expanded offering to support both existing and new clients in their projects and their development.

The enlarged group will be better placed to capture growth in high potential markets, such as Latin America, and new opportunities, with the support of two strong shareholders.

Presentation

Timeline

2019

Crédit Agricole S.A and Santander announce the closing of the strategic combination of CACEIS and CACEIS Bank Spain SAU and the creation of a major global player

Pursuant to the agreements, 100% of S3 Spain and 49.99% of S3’s operations in Latin America (Brazil, Mexico and Colombia) have been contributed to CACEIS. As a result, Crédit Agricole S.A. and Santander hold 69.5% and 30.5% of CACEIS, respectively.

The transaction combines two strong custody and asset servicing players to form a leading global player in Europe and worldwide, with EUR 3.9 trillion in assets under custody and EUR 2.1 trillion in assets under administration (figures at 30/09/2019).

CACEIS and S3 will benefit from value creation thanks to commercial synergies and growth prospects. They will gain competitive positioning and benefits from enhanced geographical presence, the full coverage of the asset servicing value chain and an expanded offering to support both existing and new clients in their projects and their development.

The enlarged group will be better placed to capture growth in high potential markets, such as Latin America, and new opportunities, with the support of two strong shareholders.

2018

Banco S3 CACEIS México begins operations

Banco S3 CACEIS México commences its activity with all the bank licenses and approvals to provide custody and settlement services.

2017

Constitution of SC Colombia

In August 2017, the Trust Company Santander CACEIS Colombia S.A. was formed, under Colombian law, with a great projection of entering the Securities market and becoming one of the most important Custodians in Colombia for local and foreign investors.

A regional provider with presence in Spain and Latin America

CACEIS Bank Spain SAU is a leading Custodian bank in the markets and geographies where it operates, earning an excellent reputation during the more than 30 years that it has been providing its customers with the highest quality of service.

The experience gained during all these years providing Custody and Settlement services has led us to be one of the main participants in the decisions made in the significant and recent changes in the industry. CACEIS Bank Spain SAU is an active participant in industry forums, committees and working groups such as: Target 2 Securities, European Central Bank, Central Securities Depositories, Securities Market Regulatory Authorities, Advisory Technical Groups or Market Participant Associations.

Our professionals have extensive experience in their markets’ financial markets, manage “front-to-back” institutional customers (credit institutions, brokers, central securities depositories, insurance companies, fund managers and corporates, amongst others), offering added value solutions. CACEIS Bank Spain SAU is the ideal partner for these companies, safeguarding investments, both own and customers, in an increasingly complex and regulated financial environment.

Our purpose

To help people and businesses prosper.

Our aim as a bank

To be the best service platform for entities that require post-trade solutions in thegeographies we operate, earning thelasting loyalty of all Persons: our people, customers, shareholders and communities.

Our how

Everything we do should always be Simple, Personal and Fair..

Our strategic priorities

Optimise

Seek operational and service excellence of the current platform, through customer focus, efficiency management and risk control.

Grow

Grow jointly with our customers by adding innovative services to the current offer and exploring formulas such as co-creation.

Digitalise

Create a digital ecosystem for services, processes and work methodologies with a focus on the customer and user experience.

Self-development

Strengthen skills to drive personal and organisational transformation through a self-development approach.

State of the art platform allowing flexible solutions

Comitment
with post-trading
industry

“On the ground” teams with large knowledge and high expertise

Front to back organization: Business management and Operations alignment