Santander Sees No Reason To Increase Provisions On Motor Finance Ruling In Uk

April 30 (Reuters) - Spain's Santander SAN.MC executives at analysts' call:

• NET INTEREST INCOME WILL BE SLIGHTLY UP IN 2025 IN CONSTANT EUROS, EXCLUDING ARGENTINA, BUT DOWN IN CURRENT EUROS

• AT THIS POINT THERE IS NO CERTAINTY ABOUT POTENTIAL DISPOSAL OF A STAKE IN ITS POLISH UNIT

• BANK HAS MORE ROOM TO IMPROVE EFFICIENCIES IN COMING YEARS

• BANK HAS A FIDUCIARY DUTY TO LOOK AT ASSET REVIEWS, INCLUDING POTENTIAL DISPOSAL OF A 49% STAKE IN ITS POLISH BANK, BUT HAS NO FURTHER NEWS

• COST OF RISK TO IMPROVE IN BRAZIL, IT IS AT ITS HIGHEST LEVEL NOW, WE HAVE ALREADY SEEN THE WORST

• POSITIVE OUTLOOK FOR ITS BUSINESS IN THE U.S. HAS NOT CHANGED

• BANK WILL CONTINUE PUSHING ON ORGANIC GROWTH IN MEXICO

• WILL MAINTAIN NET INTEREST INCOME GUIDANCE IN SPAIN UNCHANGED

• SEES NO REASON TO INCREASE PROVISIONS RELATED TO MOTOR FINANCE RULING IN THE UK

• SEES LOW SINGLE-DIGIT GROWTH IN NET INTEREST INCOME IN THE UK IN 2025

• IS CONVINCED BANKS IN UK AND EUROPE CAN CONTRIBUTE TO IMPROVE COMPETITIVENESS TO CONTRIBUTE TO GROWTH ASKED ABOUT RING-FENCING RULES

• THINKS HAVING SIMPLER FRAMEWORK TO OPERATE WOULD HELP, IMPACT FOR BANK IS NEGLIGIBLE, ASKED ABOUT CHANGES TO RING-FENCING RULES

Further company coverage: SAN.MC