{"id":6323,"date":"2004-07-24T17:49:00","date_gmt":"2004-07-24T17:49:00","guid":{"rendered":"https:\/\/www.euroresidentes.com\/euroresiuk\/news-spain\/spains-biggest-bank-makes-bid-for"},"modified":"2016-03-09T15:28:45","modified_gmt":"2016-03-09T15:28:45","slug":"spains-biggest-bank-makes-bid-for","status":"publish","type":"post","link":"https:\/\/www.euroresidentes.com\/euroresiuk\/news-spain\/spains-biggest-bank-makes-bid-for\/","title":{"rendered":"Spain&#8217;s biggest bank makes a bid for Abbey National."},"content":{"rendered":"<p>According to reports in the Spanish press today, spokesmen from Spain&#8217;s largest bank, the Banco Santander Central Hispano (BSCH), will make an official statement tomorrow about reports that it has made a formal bid to take over Britain&#8217;s Abbey National Bank. <\/p>\n<p>The Santander Central Hispano Bank has called an extraordinary meeting of its Board of Directors tomorrow, Sunday, to vote on whether or not to go ahead with the bid. BSCH sources&nbsp; confirmed on Friday that&nbsp; bank representatives had held talks with Abbey National directors, but they said that \u00ab<em>at the moment it is impossible to determine whether or not our conversations will lead to a definite offer<\/em>\u00ab. <\/p>\n<p>If the Santander Group does take over Abbey National, British people buying property in Spain could well benefit from the operation.&nbsp; <a href=\"http:\/\/80.34.125.99\/Blogs\/Spain_News\/2004\/06\/property-market-in-spain.htm\">Spain&#8217;s&nbsp;property market <\/a>has been the subject of much speculation over the past few weeks, and soaring house prices certainly seem to have stabilised for the first time in 4 years, although they certainly are not coming down yet and, according to experts here, probably won&#8217;t. <\/p>\n<p>Already a partner of the Royal Bank of Scotland, if the Santander Central Hispano Bank does finally decide to buy Abbey National, British citizens wanting to finance the purchase of a holiday home in Spain will be able to do so without having to face extra costs coming from transferring money from one bank to another, mortgage etc. According to <a href=\"http:\/\/www.guardian.co.uk\/business\/story\/0,3604,1268151,00.html\">this Guardian article<\/a>, the BSCH bank may even ask its Royal Bank of Scotland partners to run the British bank on its behalf.<\/p>\n<p><a href=\"https:\/\/www.euroresidentes.com\/euroresiuk\/reasons_live_in_spain.htm\">Reasons for living in Spain<\/a><br \/>\n<br \/><a href=\"https:\/\/www.euroresidentes.com\/euroresiuk\/Spanish_villages\/Where_to_go_in_Spain.htm\">Beautiful places in Spain<\/a><br \/>\n<br \/><a href=\"http:\/\/fotos.euroresidentes.com\">Photos of Spain<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to reports in the Spanish press today, spokesmen from Spain&#8217;s largest bank, the Banco Santander Central Hispano (BSCH), will make an official statement tomorrow about reports that it has made a formal bid to take over Britain&#8217;s Abbey National Bank. The Santander Central Hispano Bank has called an extraordinary meeting of its Board of Directors tomorrow, Sunday, to vote on whether or not to go ahead with the bid. BSCH sources&nbsp; confirmed on Friday that&nbsp; bank representatives had held talks with Abbey National directors, but they said that \u00abat the moment it is impossible to determine whether or not <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6323","post","type-post","status-publish","format-standard","hentry","category-sin-categoria"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Spain&#039;s biggest bank makes a bid for Abbey National. - News from Spain<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.euroresidentes.com\/euroresiuk\/news-spain\/spains-biggest-bank-makes-bid-for\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Spain&#039;s biggest bank makes a bid for Abbey National. - News from Spain\" \/>\n<meta property=\"og:description\" content=\"According to reports in the Spanish press today, spokesmen from Spain&#8217;s largest bank, the Banco Santander Central Hispano (BSCH), will make an official statement tomorrow about reports that it has made a formal bid to take over Britain&#8217;s Abbey National Bank. The Santander Central Hispano Bank has called an extraordinary meeting of its Board of Directors tomorrow, Sunday, to vote on whether or not to go ahead with the bid. BSCH sources&nbsp; confirmed on Friday that&nbsp; bank representatives had held talks with Abbey National directors, but they said that \u00abat the moment it is impossible to determine whether or not\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.euroresidentes.com\/euroresiuk\/news-spain\/spains-biggest-bank-makes-bid-for\/\" \/>\n<meta property=\"og:site_name\" content=\"News from Spain\" \/>\n<meta property=\"article:published_time\" content=\"2004-07-24T17:49:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2016-03-09T15:28:45+00:00\" \/>\n<meta name=\"author\" content=\"euroresidentes\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"euroresidentes\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minuto\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.euroresidentes.com\/euroresiuk\/news-spain\/spains-biggest-bank-makes-bid-for\/\",\"url\":\"https:\/\/www.euroresidentes.com\/euroresiuk\/news-spain\/spains-biggest-bank-makes-bid-for\/\",\"name\":\"Spain's biggest bank makes a bid for Abbey National. - News from Spain\",\"isPartOf\":{\"@id\":\"https:\/\/www.euroresidentes.com\/euroresiuk\/news-spain\/#website\"},\"datePublished\":\"2004-07-24T17:49:00+00:00\",\"dateModified\":\"2016-03-09T15:28:45+00:00\",\"author\":{\"@id\":\"https:\/\/www.euroresidentes.com\/euroresiuk\/news-spain\/#\/schema\/person\/3079cc0ad7acb04ec2f26d72f31add9b\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.euroresidentes.com\/euroresiuk\/news-spain\/spains-biggest-bank-makes-bid-for\/#breadcrumb\"},\"inLanguage\":\"es\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.euroresidentes.com\/euroresiuk\/news-spain\/spains-biggest-bank-makes-bid-for\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.euroresidentes.com\/euroresiuk\/news-spain\/spains-biggest-bank-makes-bid-for\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Portada\",\"item\":\"https:\/\/www.euroresidentes.com\/euroresiuk\/news-spain\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Spain&#8217;s biggest bank makes a bid for Abbey National.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.euroresidentes.com\/euroresiuk\/news-spain\/#website\",\"url\":\"https:\/\/www.euroresidentes.com\/euroresiuk\/news-spain\/\",\"name\":\"News from Spain\",\"description\":\"Euroresidentes\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.euroresidentes.com\/euroresiuk\/news-spain\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"es\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.euroresidentes.com\/euroresiuk\/news-spain\/#\/schema\/person\/3079cc0ad7acb04ec2f26d72f31add9b\",\"name\":\"euroresidentes\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"es\",\"@id\":\"https:\/\/www.euroresidentes.com\/euroresiuk\/news-spain\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/340321f0c1d3581e26d3ff649a9b0467?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/340321f0c1d3581e26d3ff649a9b0467?s=96&d=mm&r=g\",\"caption\":\"euroresidentes\"},\"url\":\"https:\/\/www.euroresidentes.com\/euroresiuk\/news-spain\/author\/euroresidentes\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Spain's biggest bank makes a bid for Abbey National. - News from Spain","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.euroresidentes.com\/euroresiuk\/news-spain\/spains-biggest-bank-makes-bid-for\/","og_locale":"es_ES","og_type":"article","og_title":"Spain's biggest bank makes a bid for Abbey National. - News from Spain","og_description":"According to reports in the Spanish press today, spokesmen from Spain&#8217;s largest bank, the Banco Santander Central Hispano (BSCH), will make an official statement tomorrow about reports that it has made a formal bid to take over Britain&#8217;s Abbey National Bank. 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