Banco Santander to build branches, install ATMs at Mexican airports
Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR) (ASUR), the first privatized Mexican airport group and the operator of Cancun International Airport and eight other airports in southeastern Mexico, announced today that it has reached an agreement with Banco Santander to install branches and ATMs at ASUR's airports.
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According to the five-year agreement, Banco Santander will operate bank branches at the Cancun, Merida and Veracruz airports and will install ATMs at the other six airports ASUR operates.
Santander's full service bank branches will provide banking solutions to more than 14 million passengers that use these three ASUR airports annually. The bank branches will also support the financial operations of the various companies that provide services at ASUR airports.