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BRIEF-Chairman Of Spain's Santander: Unit In The UK Is Not Up For Sale

ReutersFeb 5, 2025 12:00 PM

- Chairman of Banco Santander SA SAN.MC, Ana Botin:

  • UNIT IN THE UK IS NOT UP FOR SALE

  • LENDER AIMS TO IMPROVE PROFITABILITY IN THE UK THROUGH EFFICIENCY GAINS FROM INTEGRATING BUSINESS INTO COMMON PLATFORMS

  • "U.S. MARKET IS KEY FOR US AND WE WANT TO CONTINUE GROWING IN THIS MARKET, WE WILL COLLABORATE WITH U.S. ADMINISTRATION"

  • ASKED ABOUT A POTENTIAL INTEREST IN ITS UK UNIT: "WE WILL NOT SPECULATE ON INORGANIC TRANSACTIONS, RETAIL UK BANK NOT UP FOR SALE"

Further company coverage: SAN.MC

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