MADRID, Oct 25 Reuters Santander may consider looking into acquiring a mortgage portfolio from Metro if the British bank decides to put it up for sale, the Spanish bank39;s Chief Executive Officer Hector Grisi said on Wednesday.
Metro, seeking to bolster its finances after a string of setbacks, earlier this month announced a 325 million pound capital raise and 600 million pound debt refinancing.
The bank also said it was in discussions regarding the sale of up to 3 billion pounds 3.64 billionof residential mortgages.
We have to review it, we have to analyse it and then we will make a decision whether we go ahead or not, but it is always important to analyse it, Grisi said when asked at a news briefing about the bank39;s potential interest in the portfolio.
Today the truth is that I don39;t know whether Metro will end up doing something or not, whether it will sell a portfolio or not.
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Reporting by Jesús Aguado; editing by Jane Merriman
Source Reuters