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Banco Santander ( (ES:SAN) ) has issued an update.
Banco Santander announced that the European Central Bank has maintained the bank’s minimum prudential capital requirements, effective from January 2026, with a Pillar 2 requirement of 1.74% at a consolidated level. The increase in minimum capital requirements by 20 basis points is due to changes in systemic and countercyclical capital buffer requirements. Despite these changes, Santander maintains a surplus of capital over these requirements, indicating strong financial health and stability.
More about Banco Santander
Banco Santander is a major financial institution operating in the banking industry, providing a wide range of financial services and products. It focuses on retail and commercial banking, with a significant presence in Europe and Latin America.
For a thorough assessment of SAN stock, go to TipRanks’ Stock Analysis page.