Banco Santander says it exceeds new ECB capital requirement

BANCO SANTANDER, parent of Santander Bank in the U.S., said that it now exceeds the minimum capital levels that the European Central Bank requires of it.
BANCO SANTANDER, parent of Santander Bank in the U.S., said that it now exceeds the minimum capital levels that the European Central Bank requires of it.
MADRID - Banco Santander SA, Spain’s largest lender by assets and parent of Santander Bank in the United States, said it exceeds the minimum capital levels that the European Central Bank will require the company to have starting next month. The Madrid-based bank needs a common equity Tier 1 ratio of at least 9.75 percent…

Want More Free?

To access 2 more articles, please log in or register for free.

Registered users get access to a limited number of free articles every month.

Register Now

Already registered? Login to access more free articles.

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -