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CEO of Santander says bank is taking measures to limit coronavirus impact

Reuters
The logo of Santander bank is seen at a branch in Mexico City

MADRID (Reuters) - The chief executive officer of Spain's Santander <SAN.MC> on Friday assured investors it was taking all necessary measures to mitigate the impact from the coronavirus outbreak on the bank's balance sheet.

"We will take the necessary measures to mitigate, as far as possible, the impact that the volatility and foreseeable slowdown in global growth may have on the business and on the income statement this year," the bank's CEO Jose Antonio Alvarez told investors.

(Reporting By Jesús Aguado; editing by Emma Pinedo)