EUROPEAN BANKING AUTHORITY STRESS TEST RESULT

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

 

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