Banco Santander, S.A. provides various financial services worldwide. The company operates through two segments, Commercial Bank and Global Wholesale Bank. It offers demand and time deposits, mutual funds, and current and savings accounts; mortgages, consumer finance, loans, and various financing solutions; and project finance, debt capital markets, global transaction banking, and corporate finance services. The company also offers credit and debit card, Payroll loans, Real Estate Loans, Microfinance, installment plans, banking instruments, bonds, equities, structured notes, mutual funds, real estate funds, and exchange-traded funds. Additionally, it provides asset management and private banking services; and insurance products, such as life and personal accident insurance, vehicle and property coverage, credit insurance, as well as insurance for travel and banking transactions; corporate and investment banking services, digital payment solutions and home equity financing solution. Further, it offers online banking and financial services to retail, business, institutional, corporate, private banking and university customers and clients. The company was formerly known as Banco Santander Central Hispano SA and changed its name to Banco Santander, S.A. in February 2007. Banco Santander, S.A. was founded in 1856 and is headquartered in Madrid, Spain.