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Philipp
@Felipe13
2Année·
Avis pour $SAN
🚀 Bullish

Can European banks like Santander benefit from rising interest rates, or has this already largely happened?


I like Santander, besides solid core business in Spain also active in UK and Latin America. Moreover, kgv lower than the peer group average, decent dividend.

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2 Commentaires
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Enrique@Der_Dividenden_Monteur
2Année
On the subject of rising interest rates: This does not mean that the banks automatically earn more money, this only applies to new loans or loans that have to be renegotiated if they were only fixed for a certain time. Core business in Spain: What is the debt and GDP in Spain? Would be for me a red rag, see the real estate crisis in Spain in 2008. And the business in Latin America is just also rather uncertain because emerging markets. Since I would rather invest in something else from the financial sector, HSBC if it should be European or just a global player like JP Morgan Only my opinion 🤝
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