Complex sentence: In June 2012, Moody rated Santander UK as being in a more financially healthy position than its parent company, Banco Santander; less than 1% of Santander UK's business is held abroad.
Split into simpler sentences: In June 2012, Moody rated Santander UK as being in a more financially healthy position than its parent company, Banco Santander. Less than 1% of Santander UK's business is held abroad.