2023-10-23 17:36:22
The president of Banco Santander, Ana Botín, defended this Monday that “there is no conflict between obtaining business profits and being socially responsible at the same time.” For Botín, “giving benefits is healthy” because part of it is reinvested and it is “the best way to help society.”
The Government approved an extraordinary tax on the profits of banks and electricity companies, which the entities have appealed to the courts, which is applied temporarily to cover part of the aid as a result of the energy and price crisis due to the war. from Ukraine.
Banco Santander earned 9,605 million euros last year, 18% more than the previous year, and in the first half of this year the entity’s profits exceeded 5,240 million euros. Botín explained that a third of these profits is used to pay taxes, another third is distributed among shareholders and a third is used to provide credit.
The president of Santander took advantage of her intervention at the XXVI Family Business Congress, which is being held in Bilbao, to defend the managerial progress of women. “Women are neither stupider nor do we want to be just assistants, we progress until we have a family,” she explained. There is, she said, “a family tax” that “women almost always pay, not men.” Therefore, she supported men taking a few months to take care of children. Not only family responsibilities can slow down a woman’s professional career. Furthermore, “women are much more modest, we trust ourselves less, with exceptions” and that makes them promote themselves less personally. In fact, Botín alluded to global data to ensure that “when a woman applies she is one hundred percent qualified, when men apply they have 50-60% of what is needed.”
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