Finance Officer at Santander Says Loan Risk was Minimal

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Updated: February 12, 2016

As we mentioned, since the news broke that SSB will be facilitated Santander with a twelve million dollar loan, several entities voiced their displeasure. The National Trade Union Congress of Belize, NTUCB, The People’s United Party, and the Belize Progressive party among others have all said no to the loan citing several reasons. One of those reasons is the risk. Santandar’s Chief Financial Officer, Andres Ayau told the media today, in this case there was no risk.