Openbank rewards customers who subscribe to or switch investment funds with up to €600
The bank posts a 250% YoY increase in net inflows in these investment vehicles up to August.
Customers can invest directly in a catalogue of over 2,000 funds from 100 asset managers through portfolios with pre-defined asset allocation models for every type of investor profile.
Openbank posts 80% YTD increase in new mortgages
- In the first seven months of the year, the bank has outstripped sales for the whole of 2020.
- The fixed-rate mortgage consolidates its position as the preferred mortgage among customers and already accounts for two thirds of new production after growing by 10 percentage points in one year.
Openbank sponsors the UPM Racing team’s new electric race car
The bank has signed an agreement with the team from the Polytechnic University of Madrid and will have its corporate logo displayed across the vehicle.
The race car will compete in the next edition of Formula Student, which will be held from 16 to 21 August at the Hockenheim circuit (Germany).
Openbank sponsors the Superliga, the official eSports competition of League of Legends in Spain
- It becomes the first bank to sponsor the competition set to kick off on 8 July with its own sections in all programmes up until the final.
- The tournament is the audience leader with nearly ten million unique users in 2020.
Openbank opens new technological development hub in Valencia with plans to hire more than 200 employees
The bank will create more than 200 new jobs for highly qualified technical profiles such as software engineers and experts in cloud, cybersecurity, or big data.
The project will have a coworking space located in the former Wayco Abastos factory, where they used to make gold and silver threads for textiles, in the historic centre of the city.
Openbank lowers its fixed-rate mortgage for customers who can provide all supporting documents within ten days
- It will lower the interest rate by up to 0.15 points if the necessary documentation is provided for analysis and the appraisal and land registry extract are requested within the first twenty days.
- It is offering 100 euros to customers who refer friends who subsequently take out a new mortgage or switch their existing one to Openbank before 30 September.
Openbank offers up to 2% for subscriptions and transfers to its funds and pension plans
It launches a campaign offering 1% cashback on the amount subscribed or transferred to investment funds and up to 2% for transfers to its pension plans.
The bank's wealth department exceeds €1.8 billion in assets under management.
Openbank doubles client acquisition during the pandemic to reach 1.5 million customers
- The bank set an all-time high of 285,000 new customers in the last 12 months, almost double its total last year.
- Savings and investment products grew significantly, with assets under management up 112% in the automated investment service (Robo-Advisor).
It is the most recommended bank in Spain by its customers for the second year running thanks to its approach to simple, quick, and secure banking.
Openbank, new official sponsor of the Mutua Madrid Open
The bank will sponsor the 19th edition of the tournament to take place between 27 April and 9 May at the Caja Mágica Stadium.
Rafael Nadal, Roger Federer, Garbiñe Muguruza and Novak Djokovic are some of the world-class players set to compete.
Openbank customers donate €3.5 million to solidarity over the last year
- The bank sees a 19% increase in donations in the last twelve months.
In total, 44 NGOs and foundations make up the bank's solidarity marketplace.
Openbank doubles its assets under management in its robo-advisor service, setting record high in investments in 2020
- The bank’s robo-advisor posted 112% growth in its assets under management, with positive returns generated by all its investment strategies at 2020 year-end.
- Investment funds attracted record net inflows while trades placed through the broker service doubled compared to the year before.
Openbank lowers its fixed and mixed-rate mortgages
- It strengthens its position as one of the best offers on the market with a fixed-rate mortgage loan from 1.45% APR and a mixed-rate mortgage loan from 1.35% APR.
All the mortgages are exempt from arrangement fees, early repayment fees, and fees for subrogation or change of term.
Openbank launches 100% digital broker in Portugal, the Netherlands and Germany
Openbank, the largest fully digital bank in terms of customer resources and part of Grupo Santander, is expanding its offer to include a new broker service in Portugal, Germany and the Netherlands. Its customers in those countries will be able to trade shares in 4,000 companies listed on 25 markets as well as exchange-traded funds (ETFs).
Openbank and ESADE offer 100 online scholarships to foster knowledge of the stock market
The Openbank Investment Skills ESADE Scholarships are aimed at university graduates and young professionals are are looking to get started in the world of investment.
Applications can be submitted at www.becas-santander.com up until 24 September 2020.
Openbank supports the cultural comeback by sponsoring the new Abre Madrid stage area
The bank strengthens its commitment to cultural activity with the sponsorship of Abre Madrid, a cultural space for all ages that will host a wide range of shows from 7 July.
Los Secretos, Diego el Cigala, Xoel López, and Carlos Latre, amongst others, will perform on two stages with a capacity of 800 people, complying with health measures. Openbank customers will have exclusive access to a 48-hour pre-sale of tickets for the event starting today, as well as a 10% discount (5% from Friday).
Openbank continues its commitment to work for equality between men and women
This year Openbank held the first Open Women Talks event, a round table with five leading women from very diverse sectors in which we talk about female leadership, future trends and the achievements we have already achieved. In addition to Patricia Benito, General Director of Openbank and head of this initiative, we could talk with Charo Izquierdo, Mónica Guardado, María Herrera and Cristina Oria.
Madrid, Paris and Seville, the most romantic cities
on Valentine’s Day for Openbank Customers
Aranjuez, Peñíscola, Denia and Benasque also feature among the top places in which the bank’s customers stood out for their ‘romantic’ purchases in 2019.
60% of these transactions were carried out by men and 40% by women.
Openbank incorporates sustainable funds into its automated investment strategies (Roboadvisor)
- It prioritizes the incorporation of funds with sustainable investment criteria in its five automated investment strategies, adapted to the different profiles. In the case of the most conservative profile, these funds already exceed 79% of the portfolio.
Openbank starts its international expansion in Germany
Openbank announces the start of Openbank Germany, before the end of the year, with a responsible and sustainable banking project. The offer of products and services with which we will begin to operate in Germany has been presented and is already available through a waiting list to which customers can sign up.
Openbank, chief sponsor of the Angel Nieto team in MotoE
Openbank, the Santander Group's 100% digital bank, has signed an agreement with the Angel Nieto team to become the chief sponsor of the Openbank Ángel Nieto Team in MotoE for the next two seasons. MotoE is the new electric motorbike competition for 2019 that has six races in the Motorcycling World Championship. The Openbank Ángel Nieto MotoETeam will be represented by riders Nico Terol and María Herrera, the only woman competing in all World Championship categories.
Openbank celebrates International Women’s Day with a commitment to equality
Openbank is committed to gender equality and a working world where women have their own voice, a strong presence, and where equal opportunities and conditions exist for both genders.
Openbank offers 3% cashback for contributions and transfers of any amount to pension plans
The promotion, valid until 31 January, will give a 3% cashback on the amount contributed or transferred from another entity to any plan marketed by Openbank.
Customers have at hand an open architecture system with 35 pension plans from five different fund management firms.
Openbank launches a solidarity card that makes donations to NGOs every time it’s used
The bank launches a new solidarity initiative consisting of a card that rounds off the amount on each purchase and donates it to the organisations chosen by the customer.
The Open Solidarity program also offers a service for making transfers to NGOs.
Openbank launches an automated investment service (Robo-Advisor) and presents its new developments and features.
It is the first bank to launch an automated investment service that combines micro-investing (from one euro per day), goal-based investing and a Robo-Advisor.
It is the first bank in the world to offer its users a password manager to store their passwords and secret notes with total privacy and security.
It offers its customers full control over their cards by allowing them to restrict their use by country, channel (in-person purchases, online purchases and ATMs) or devices.
It is launching the most complete account aggregator, giving customers an overview of their financial position with all the products they have at other banks.
Payment services for Fitbit and Garmin fitness watches are now available at Openbank
Openbank expands its mobile payment solutions by adding Fitbit Pay and Garmin Pay, which will allow its customers to pay through their fitness watches.
Openbank reduces its mortgage to Euribor + 0.89% for operations with up to 50% financing
The entity also cuts the interest rate on its fixed-rate mortgage from 1.65% NIR, as well as on its mixed mortgage for operations with the same financing limit.
Openbank supports the 3rd edition of the 100km x Africa solidarity run.
The third edition of the 100km x Africa solidarity run, sponsored by Fundación Recover, will take place in the town of Colmenar Viejo in Madrid on 9 and 10 June.
The competition involves running 100 kilometres in 24 hours in relay to support a solidarity initiative aimed at improving mother and child healthcare in the Ivory Coast.
Openbank launches a diversified investment service in partnership with BlackRock.
This service has five different asset distribution alternatives. With one simple click, you can subscribe all the funds associated with each of them.
Openbank launches a free discounts programme for all its customers.
When using their Openbank cards, customers benefit from discounts with a large number of brands such as the Cortefiel Group, Europcar, Telepizza, VIPS Group, Sephora and Iberia, among others.
Openbank is launching Android Pay, making it the first bank in Spain to offer all the main mobile payment platforms available.
Openbank customers can now use Android Pay, the mobile payment service for devices using the Android operating system.
Spain's most innovative mobile banking app for 2017.
The financial magazine Global Banking & Finance Review has awarded Openbank the prize for the most innovative mobile banking app in Spain in 2017. The magazine also interviewed Patricia Benito, Chief Digital Officer.
Apple Pay is now available to Openbank customers.
An easy, secure and private payment service.
Openbank launches the Samsung Pay mobile payment service.
Openbank customers can use this service to pay quickly, easily and securely at contactless terminals with their compatible Samsung devices. This technology has now been rolled out in over 75% of the points of sale in Spain.
Introducing the new Openbank.
Openbank has become the first fully digital Spanish bank. The entity, a subsidiary of the Santander Group, offers its customers a complete portfolio of products and services through a totally new website and app.
We have expanded the opening hours of our customer care service. Now we are there for you 24 x 7.
At Openbank we always want to be here for you and that is why we are expanding our customer service opening hours to provide you with an uninterrupted service every day of the year.
We are opening our new office. Openbank is moving its central services to Paseo de la Castellana, 24 (Madrid).
A new space where we are committed to a working model that promotes creativity, diversity and talent management.
We have moved our branch to number 134 of Paseo de la Castellana in Madrid with the aim of creating an exclusive area for our customers.
It is an innovative meeting point that focuses on approachability and a more personal approach to both potential new and existing Openbank customers. We believe in a new branch concept, where everyone who visits us can feel at home.