Tuesday, November 24, 2009

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Cristofani: "We have an opportunity that is unprecedented in decades" Maternity

President Banco Santander Rio stressed the desirability to build the international situation and especially the particular regional situation

President Santander Río, Enrique Cristofani said Thursday in the traditional media entertainment to the Bank "there is a need as a country have a common agenda, to get common goals. Achieve consensus on this agenda, the leadership understood in a broad sense, that employers provide their own agenda that can be shared with the rest of the leadership. Because today we have an opportunity that is unprecedented in decades: the demand for food has great potential. "


About Argentina, Cristofani added that "once again has a very good opportunity to take advantage of the international situation but, above all, the particular regional situation. Although in 2009 our country has not escaped the general law regarding the evolution of its economy, the 2010 show some recovery in economic activity where the agro-industrial activity would be again an added boost factor, this time, at the right time of the Brazilian economy. "

relation to the financial system in particular, the executive said that" the agenda of the country should go through further investment, to achieve investment grade: 80% of the economies of the region and are investment grade. In case the investment grade is not a problem of competitiveness for the country. " Global position


"The bank's growth strategy is reflected in an increase of 10 million customers worldwide in 2009 to shift to 90 million, we grow stronger as the number one global franchise much more than 14 offices thousand, the largest bank in the Euro area and Latin America and a strong geographic presence with businesses in 40 countries. "

"Leadership in Latin America and mainly in the Southern Cone is consistent with our vision of the potential of the area. Our group has prepared for the chance to open, the investments made in Brazil with the acquisition of Banco Real and future organic growth by opening 600 branches, as in Argentina through the purchase of the 17 branches of BNP plus you have clear leadership in Chile (share 20%) and Uruguay (18% share), proves it. We are the biggest financial franchise in the Southern Cone and we want to value that competitive edge. " The Argentina


Referring to his participation in the local market, said Cristofani "Banco Santander Rio reaffirms its leadership with market shares around 9.5% in both deposits and savings banking and private sector credit. We have a clear commitment to comply reliably the role of financial intermediaries which is clearly reflected to be number one in the relationship lending to the private sector on private sector deposits. "

"In regard to our social commitment to the country, we reaffirm our commitment to leadership, creating wealth and employment, promoting the development of society and the environment. In this line we are with higher education through Universia and Rio Santander Universities, we have 59 agreements with public and private universities in Argentina and 74 universities associated with the Universia portal, "said the executive.

Finally, referring to the entity that presides Cristofani announced "something that has to do with our vocation to provide, we will launch this week Super Mortgage Spare, for renovation and expansion of housing, with a fixed rate for five years 16% and a fee of $ 248 per $ 10,000 of credit. "


Source: http://economia.infobaeprofesional.com/

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