Santander Seen Little Impact From Brexit So Far: Cantera

The transcript covers the limited impact of Brexit on UK activities, the resilience of Spain's economy despite government absence, and the effects of ECB's low rates on banking. It discusses growth prospects in Latin America, particularly in Brazil, Mexico, and Chile. The UK banking strategy is explored, focusing on M&A and Brexit opportunities. Finally, it addresses the stability of the European banking system, noting improvements in capital and management.

What has been the impact of Brexit on the speaker's activities in the UK so far?

• No impact at all

• Very limited impact

• Moderate impact

• Significant impact

How has the lack of a government in Spain affected its economy?

• Severe economic downturn

• Moderate economic growth

• Complete economic collapse

• Continued resilience

What trend is observed in new mortgage production in Spain?

• Decreasing year on year

• Stable year on year

• Increasing by 25% year on year

• Doubling year on year

How are low ECB interest rates affecting European banks?

• Improving customer relationships

• No effect on margins

• Putting pressure on margins

• Increasing profit margins

What is the economic outlook for Brazil according to the speaker?

• Stable economic conditions

• Improving economic prospects

• Uncertain economic future

• Worsening economic conditions

How does the speaker view the systemic risk in the European banking sector today?

• Same as before

• Unchanged

• Higher than before

• Much lower than before

What is the speaker's strategy for growth in the UK market?

• Avoid any growth opportunities

• Focus solely on organic growth

• Rely only on inorganic growth

• Pursue both organic and strategic inorganic growth