El director financiero de Santander habla de las ganancias, de Banco Popular y de Cataluña

The transcript covers various financial topics, including restructuring costs at Popular, integration progress, and capital increase under Santander. It discusses the impact of Catalonia's political situation on Santander and the Spanish economy, concluding that the recovery remains robust. The UK mortgage market is stable, with the economy performing well despite Brexit concerns. Interest rate changes are expected to have minimal impact. In Brazil, lower interest rates and a positive economic outlook justify loosening credit standards.

What was the pre-tax restructuring cost announced by Popular?

• 1 billion

• 300 million

• 900 million

• 1.3 billion

How significant are the movements in deposits from Catalonia for Santander?

• Very significant

• Moderately significant

• Of little significance

• Extremely significant

What is the estimated potential impact of Catalonia's political situation on Spain's GDP growth?

• 2.0%

• 0.5%

• 1.0%

• 0.3%

What is the current trend in the UK mortgage market according to the transcript?

• Stabilizing

• Unpredictable

• Increasing competition

• Declining rapidly

How has the UK economy performed post-Brexit according to the transcript?

• Unchanged

• Very well

• Moderately

• Poorly

What is the expected impact of a modest interest rate increase in the UK?

• Significant economic disruption

• Immediate recession

• Minimal impact

• Severe impact on borrowers

What is the correlation between lower interest rates and credit quality in Brazil?

• Direct correlation

• No correlation

• Negative correlation

• Inverse correlation