Press release Venezuela

RNS Number : 4952A

Banco Santander S.A.

01 August 2008

 

PRESS RELEASE                    

In connection with recent news coverage on Banco de Venezuela, Banco Santander informs that it considered the sale of Banco de Venezuela to a Venezuelan private investor group, with whom certain undertakings were entered into, but the sale was not, however, agreed.

Banco Santander has threafter become aware of the interest of the Government of Venezuela in Banco de Venezuela, and is now in discussions in that connection.

Madrid, August 1, 2008.

 

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