July 29, 2021

Santander calls for "legal security" and leave behind elements that generate uncertainty

Santander calls for "legal security" and leave behind elements that generate uncertainty


MadridUpdated:

The CEO of Santander Spain, Rami Aboukhair, claimed on Thursday that legal security, "leave behind elements of uncertainty" and focus policies on the development of small and medium enterprises.

This was said by this manager of Santander during his speech at the award ceremony of the V Cepyme Awards, an event of which he is a sponsor along with other organizations, among which Inserte ONCE Foundation is located. The President of the Government, Pedro Sánchez, participated in this event, and the Ministers of Labor, Migration and Social Security, Magdalena Valerio, and the Minister of Industry, Tourism and Commerce, Reyes Maroto, attended.

Aboukhair said in his speech that "we want to be seen as a responsible bank" and that "when we think we know the answers, the questions change, despite everything we will continue supporting SMEs".

This director made this statement without referring expressly to the latest legislative changes announced by the Government for the financial sector to pay the tax on mortgages, following the ruling of the Supreme Court that ruled that the client should support this payment.

Aboukhair went on to stress that "there is no more social policy than creating jobs, for that reason and because of this responsibility with the country, we are the bank of SMEs and we will continue to support their growth".

The CEO of Santander Spain appreciated that SMEs "build a country" and that "one of the reasons why we acquire Popular is because it reinforces our position in a key sector such as the company, a role that we assume with enormous responsibility". At this point, he highlighted that Santander offers "financing and help in its task of generating wealth".

He also wanted to highlight that in recent years Spain has experienced an expansive cycle but indicators now point to a "slowdown" in the world economy, "with effects on our country". "The crises are not good, but the last one we all learned," he said, noting that SMEs "were able to reinvent themselves" and found an outlet in internationalization.

Finally, he urged that "we seize the moment and make an extraordinary country, with responsibility, with generosity, collaborating" because "only in this way will we contribute to create a more developed and just society".

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