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 challenges are faced in predicting outcomes during the current crisis?

What is the significance of diversification in the current economic model?

How has the lending to small and medium-sized enterprises (SMEs) changed recently?

What are the expectations regarding nonperforming loans during this crisis?

What measures are being taken to ensure the effective use of the 100 billion announced by the Spanish Government?

What role does the European Commission play in the current economic situation?

How does the current crisis differ from previous financial crises according to the speaker?