El director financiero de Santander habla de las ganancias, de Banco Popular y de Cataluña

The transcript covers various financial topics, including restructuring costs at Popular, integration progress, and capital increase under Santander. It discusses the impact of Catalonia's political situation on Santander and the Spanish economy, concluding that the recovery remains robust. The UK mortgage market is stable, with the economy performing well despite Brexit concerns. Interest rate changes are expected to have minimal impact. In Brazil, lower interest rates and a positive economic outlook justify loosening credit standards.

What are the management's views on the potential impact of interest rate increases in the UK?

What factors contribute to the decision to loosen credit standards in Brazil?

How do lower interest rates in Brazil affect credit demand and quality?