Banco Santander Central Hispano S.A. is a financial group operating principally in Spain, other European countries and Latin America, offering a range of financial products. The Companys principal operations are in Spain, Portugal, Germany, Italy, Belgium and Latin America. It also has operations in New York, London and Paris, as well as strategic investments in The Royal Bank of Scotland Group, and financial investments in Commerzbank, San Paolo-IMI and Banque Commerciale du Maroc. In Latin America, the Company has majority shareholdings in banks in Argentina, Bolivia, Brazil, Chile, Colombia, Mexico, Paraguay, Puerto Rico, Uruguay and Venezuela. The Companys business is divided into five principal areas: European Commercial Banking, Commercial Banking Latin America, Asset Management and Private Banking, Global Wholesale Banking and Corporate Center.