Santander CFO: Don’t Expect High Levels of Non-Performing Loans in Spain

The video discusses the challenges of predicting financial outcomes in an evolving crisis, emphasizing the benefits of diversification. It covers SME lending, government programs, and the impact on asset quality. The speaker explains loan loss provisions and the need for time to assess the crisis's impact. The Spanish loan process and economic adjustments are discussed, along with government funding and capital resilience, highlighting the bank's strong capital base compared to other European banks.

What is one of the main challenges in provisioning during the current crisis?

• High interest rates

• Limited market presence

• Lack of diversification

• Predicting outcomes with certainty

How does the speaker describe the role of diversification in the current situation?

• It shows its benefits

• It increases risks

• It complicates the crisis

• It is irrelevant

What is the Spanish Government's guarantee percentage for loans under its program?

• 50%

• 80%

• 60%

• 100%

What is the speaker's expectation regarding nonperforming loans due to government programs?

• No change

• Significant increase

• Significant decrease

• No significant levels expected

What is the current status of the loan loss provisions according to the speaker?

• Completely finalized

• Not yet broken down

• Fully broken down

• Irrelevant to the crisis

What does the speaker suggest should be done before increasing the 100 billion fund?

• Ignore the current demand

• Utilize the existing funds effectively

• Reduce the fund size

• Request more funds

How does the speaker describe the bank's capital base in stress tests?

• Resilient with low depletion

• Moderately depleted

• Unstable

• Highly depleted