BRIEF-Santander's CEO Expects Good Outcome In Upcoming European Banking Stress Test

BRIEF-Santander's CEO Expects Good Outcome In Upcoming European Banking Stress Test
Representative Image Image Credit: Flickr

Chief Executive Officer Of Spain's Santander, Jose Antonio Alvarez: * EXPECTS GOOD OUTCOME IN UPCOMING EUROPEAN BANKING STRESS TEST UNDERTAKEN BY EBA

* CFO JOSE GARCIA CANTERA SAYS DOES NOT EXPECT STRESS TEST WILL LEAD TO ANY CHANGES IN CAPITAL REQUIREMENTS FOR THE BANK * CEO SAYS HAS RELEASED SOME OVERLAY PROVISIONS IN UK AND U.S. FOR DIFFERENT REASONS

* CEO SEES BANK IS OPTIMISTIC THAT PROGRESS IN VACCINATION RATE WILL SUPPORT ECONOMIC RECOVERY Source text for Eikon: Further company coverage: (Reporting By Madrid Newsroom)

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