Growth in a fragmenting world — opening speech, 2022 Santander International Banking Conference
· Ana Botín, Executive Chair of the Banco Santander (Spain)
Summary written by Dark Majestic in its own words · topics: monetary policy and interest rates, inflation and price stability, climate, energy and nature, public finances and debt
AB · Ana Botín Wiki · Banco Santander WikiGrowth in a fragmenting world — opening speech, 2022 Santander International Banking ConferenceContextSantander International Banking Conference 2022, Madrid.
Why it mattersSantander's chair calls for growth plans and clear net-zero paths to unlock private capital.
Problems raised- The world is fragmenting along geopolitical lines.
- Growth is too weak and many countries are poorer than before the pandemic.
- Higher inflation and interest rates meet heavily indebted governments.
Solutions proposed- Make growth the priority, backed by plans for skills, research and investment.
- Governments should publish clear net-zero transition plans to unlock private capital.
- Adapt financial regulation so banks can fund investment while staying stable.
Read full speech on santander.com ↗More from Ana Botín · Banco Santander · all speeches
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