The Spanish bank Santander Consumer Credit enters the Scandinavian market

Who

Santander Consumer Bank is a part of Banco Santander, which is the largest bank in the eurozone and one of the largest banks in the world with more than 195,000 employees globally and over 120 million customers in more than 40 countries. In 2015, Banco Santander had a market value of EUR 66 billion and a net profit of EUR 6.6 billion. Today, Santander Consumer Bank has a leading position in the Scandinavian market for car loans and is also a specialist in consumer loans, credit card and saving products.

The challenge

In connection with their entry into the Scandinavian market, Santander Consumer Bank needed to adjust some legal documents to local conditions and to get these translated. Santander Consumer Bank also needed to get their general terms and conditions, loan agreements, credit agreements and other financial and legal documents translated from English into Danish. In connection with this, Santander Consumer Bank needed external help, which is why they chose to reach out to a number of professional translation agencies, including Diction.

The solution

After our project manager had given Santander Consumer Bank a thorough description of our typical procedure for the translation of these types of texts, Santander Consumer Bank chose to use Diction as its translation agency. In cooperation with Santander Consumer Bank, Diction has provided quick and precise translations, leading to Santander’s entry to the Scandinavian market being implemented smoothly.