EUROPEAN BANKING AUTHORITY STRESS TEST RESULT (5277K)
16 July 2011 - 2:41AM
UK Regulatory
TIDMBNC
RNS Number : 5277K
Banco Santander S.A.
15 July 2011
MATERIAL FACT
Banco Santander announces that the results of stress test
conducted by the European Banking Authority (EBA), in cooperation
with the Bank of Spain, the European Central Bank (ECB), the
European Commission (EC) and the European Systemic Risk Board
(ESRB) show that Banco Santander would end 2012 with a Core Tier 1
ratio of 8.4%, well above the 5% minimum set out by the EBA for the
purpose of the stress tests. The Core Tier 1 ratio would stand at
8.9% including generic provisions.
The stress test has been carried out using a static balance
sheet assumption as at 31 December, 2010 and a constant business
model in terms of geographies and products. Acquisitions and
divestments are not considered, so it does not reflect a forecast
of the Group's results for the next two years.
The tables with the results are attached.
http://www.rns-pdf.londonstockexchange.com/rns/5277K_-2011-7-15.pdf
Boadilla del Monte (Madrid), July 15, 2011
This information is provided by RNS
The company news service from the London Stock Exchange
END
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