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Ana Botín, chairwoman of Santander, has called for European banks to utilize their capital buffers to invest in the defense sector amid rising geopolitical tensions. She emphasized the urgent need for Europe to rearm and suggested that releasing these funds could significantly boost private investment in defense, which has been historically limited. Botín's remarks highlight a shift in perspective on financing defense, urging a reevaluation of regulatory frameworks to support this critical area.
Ana Botin, chair of Santander, has called on EU authorities to allow banks to utilize capital buffers for investments in the defence sector, highlighting the urgent need for Europe to bolster its military capabilities amid rising geopolitical tensions. She emphasized that releasing these buffers could unlock hundreds of billions for private sector investment, urging a shift in the regulatory framework to support defence financing, which has historically been minimal in Spain. Botin's remarks follow a broader call for Europe to enhance its independence in defence and complete its banking union.
Jose Luis Escriva
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Santander president calls for banks to invest in defense sector
Euro
United States Dollar
Banco Santander, S.A.
BBVAMRF A
ESP
USA
Donald Trump
Jose Luis Escriva
Ana Patricia Botin
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15:06 27.03.2025
santander chair calls for banks to use capital buffers for defense investment
Euro
United States Dollar
Banco Santander, S.A.
BBVAMRF A
ESP
USA
Jose Luis Escriva
Donald Trump
Ana Botina
Show more
14:50 27.03.2025
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