Report of Foreign Issuer (6-k)
July 29 2016 - 5:31PM
Edgar (US Regulatory)
FORM 6-K
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Report
of Foreign Issuer
Pursuant
to Rule 13a-16 or 15d-16 of
the Securities
Exchange Act of 1934
For the month
of July, 2016
Commission
File Number: 001-12518
Banco
Santander, S.A.
(Exact
name of registrant as specified in its charter)
Ciudad
Grupo Santander
28660
Boadilla del Monte (Madrid) Spain
(Address
of principal executive office)
Indicate by check mark whether
the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Banco
Santander, S.A.
TABLE OF
CONTENTS
Item
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1
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Material Fact dated July 29, 2016
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Item 1
MATERIAL
FACT
With
respect to the stress test exercise carried out by the European Banking Authority (EBA) and the European Central Bank
(ECB) which has been applied to all countries where the Group operates and which covers a three-year period (2016 –
2018) with two scenarios (baseline and adverse); Santander announces that the results were as follows:
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·
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Under
the adverse scenario, its fully loaded CET1 ratio as of December 31st 2018 decreases
1.99 percentage points, to 8.2%, from the starting point of 10.2% as of December 31st
2015. In this adverse scenario, CET1 ratio subject to Basel III transitional arrangements
(phase-in) is 8.7% as of December 31st 2018, which implies a decrease of 4.02 percentage
points from the starting 12.7%, due to the progressive coming into force of Basel III
transitional deductions (2.03 percentage points).
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·
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Under
the baseline scenario, Santander’s fully loaded CET1 ratio increases 2.99 percentage
points, to 13.2%. With phase-in criteria, CET1 ratio increases 0.53 percentage points.
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Boadilla
del Monte (Madrid), 29th July 2016
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
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Banco Santander, S.A.
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Date:
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July 29, 2016
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By:
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/s/ José García Cantera
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Name:
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José García Cantera
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Title:
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Chief Financial Officer
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