Strength in a Time of Crisis: The Experience of Banco Santander
Matías Rodríguez Inciarte, Banco Santander
Peterson Institute for International Economics, Washington, DC
October 9, 2012
Matías Rodríguez Inciarte, vice chairman and executive vice president for risk of Banco Santander, addressed the topic of "Strength in a Time of Crisis: The Experience of Banco Santander" at the Peterson Institute on October 9, 2012. Inciarte shared his views on Spain, the European economy and its banking system—with particularly reference to the global position of Santander, one of the largest banks in Spain and the euro area—and the progress toward achieving a banking union in the euro area. Drawing on his practical operating experience, he elaborated on Santander's model and risk management culture, its presence in Europe and the Americas, and its ability to weather the crisis. The event complemented the series of more macroeconomic presentations and discussions on the euro crisis held recently at the Institute.
Inciarte has been a director of Banco Santander since 1988, after serving as minister of the presidency of Spain and as a member of the team that negotiated Spain's entry into the then European Economic Community. He is also president of the Prince of Asturias Foundation.