25 January 2017
This statement provides a summary of the unaudited business and financial trends for the twelve months ended 31 December 2016 for Santander UK Group Holdings plc and its subsidiaries (Santander UK), including its principal subsidiary Santander UK plc. The results can be found here.
Unless otherwise stated, references to results in previous periods and other general statements regarding past performance refer to the business results for the same period in 2015.
The results of Banco Santander for the twelve months ended 31 December 2016 are also released today and can be found at www.santander.com. Santander UK’s results are included within Banco Santander’s financial statements on a Banco Santander reporting basis. The results of Santander UK in the United Kingdom differ from those reported by Banco Santander, due to different accounting treatments, consolidation adjustments and the treatment of the Banco Santander London Branch. The Banco Santander London Branch is not part of Santander UK but is included in the Banco Santander results for the United Kingdom.