Bankinter promotes economic development at local, autonomous community and national levels, with special interest in the geographic regions in which it has the greatest presence. For this reason, it supports companies, not only with regard to financing, but also offering them the chance to become suppliers for the institution.
This opportunity is executed via the procurement policy approved by the group, which defines the negotiation, contracting and third party payment processes, in order to guarantee transparency, free competition, equality and saving.
The Procurement Department is responsible for compliance with and implementation of this policy to provide the company with all the goods and services it needs, in the timeline, amount and quality required, at the lowest cost and with minimum risk to the business.
In our suppliers we are looking for:
The banking environment, increasingly competitive, obligates institutions to work hard to constantly improve efficiency, leading them in turn to dedicating increasingly more internal resources to tasks that represent the essential core of its activities and provide greater added value.
It also obligates the bank to transfer some of its services, tasks and processes to third party specialists, with the consequent cost reduction and improved quality in outsourced services.
Nonetheless, this process can entail risks that must be evaluated, monitored and controlled, in line with the requirements of Good Corporate Governance. This is why Bankinter established an outsourcing policy that is applicable to the entire Group in 2015. Its principles are:
As a result, Bankinter develops a comprehensive procurement model based on these concepts: