Santander to invest $6 billion in digital transformation in Latin America


FILE PHOTO: A Santander sign is displayed outside Santander House, in Milton Keynes, Britain, October 11, 2021. REUTERS/Andrew Boyers

MADRID (Reuters) - Spain's Santander will invest around $6 billion between 2022 and 2024 to promote digital transformation of its Latin American operations, the bank said in a statement on Wednesday.

Santander's diversification overseas, especially in Latin America, has helped the bank cope with tough conditions for lenders in Europe in the years since the financial crisis.

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