Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.
BREAKING NEWS

Santander keeping plans in Argentina for new consumer finance division

Santander keeping plans in Argentina for new consumer finance division
FILE PHOTO: A woman walks past Santander bank branch in Rio de Janeiro October 7, 2009. REUTERS/Sergio Moraes -
Copyright
Sergio Moraes(Reuters)
Euronews logo
Text size Aa Aa

SAOPAULO (Reuters) – Banco Santander SA <SAN.MC> is keeping its plans to create a consumer finance division in Argentina despite the election of Peronist president Alberto Fernandez, the bank`s regional head for South America told journalists on Wednesday.

Sergio Rial, who is also Chief Executive Officer of Banco Santander Brasil SA, was named head for South America in April as Santander seeks to ramp up growth in its key emerging market region.

(Reporting by Carolina Mandl)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.