Santander crowned ‘Business bank of the year’

Business Moneyfacts, the leading independent finance guide, also awarded Alliance & Leicester Business Banking the title of ‘Best Business Current Account Provider’, the eighth time the banking group has won the award. In addition Santander Business Banking won the ‘Service in Commercial Mortgages Award’.

Commenting on the bank’s success, Lee Tillcock, Editor of Business Moneyfacts, said:  “The Business Bank of the Year award measures every aspect of business finance provision and is assessed by our experienced research teams on the basis of data collected, analysed and displayed in Business Moneyfacts magazine and online systems over the year.  Santander’s success is testament to the easily understood, good value range of products and services it offers to businesses of all sizes.  The bank has performed consistently well in our surveys and best buy tables – and the judges are delighted to recognise the bank’s excellence by awarding it ‘Business Bank of the Year’.

“The bank’s additional success in the ‘Best Business Current Account Provider’ and ‘Service in Commercial Mortgages’ categories not only reinforces the good value products Santander has offered over the last twelve months but also the quality of service provided to brokers, who voted for the ‘Service in Commercial Mortgages’ award.”

Steve Pateman, Managing Director of UK Corporate and Commercial Banking said: “We are delighted to have been awarded ‘Business Bank of the Year’ for the second consecutive year. Winning three categories at this year’s Business Moneyfacts awards highlights the success of the Santander strategy of providing better value products and a true relationship based service.

“While still a relatively small provider in the SME market, Santander is committed to increasing the support it offers to SMEs and we aim to become the bank of choice for UK businesses.”

Sue Hayes, Managing Director of Santander Business Banking said: “Being named Best Business Current Account Provider for a record eighth year is a great honour and highlights the consistent better value products the bank provides. A business current account is the core banking product for any business and our market-leading range of current accounts, enable small businesses to significantly lower their banking costs, which ultimately has a positive impact on their profits.

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