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Santander will amortize the 981 million bonus given to Popular shareholders

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Santander will amortize the 981 million bonus given to Popular shareholders

The bank paid compensation for loyalty bonuses given to former shareholders of the bankrupt bank and saved 81 million euros in annual interest.

Santander will end one of the main pending tasks on December 15 What's left of Popular's rescue. I'll do it with defrosting 981 million euros which will be given to former shareholders and bondholders of the bankrupt entity.

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