By Pietro Lombardi 
 

Banco Santander SA said Tuesday that it plans to combine its Openbank and Santander Consumer Finance businesses to create a global digital consumer bank.

The Spanish bank also said that shareholders have approved a script dividend that will take total compensation for 2019 to 0.2 euros ($0.24) per share. Shareholders also green-lighted a cash dividend of EUR0.10 a share for 2020, pending regulatory approval.

 

Write to Pietro Lombardi at pietro.lombardi@dowjones.com; @pietrolombard10

 

(END) Dow Jones Newswires

October 27, 2020 06:50 ET (10:50 GMT)

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