Banco Santander Brasil aims to check expense growth - CEO

SAO PAULO Tue Nov 19, 2013 12:08pm EST

SAO PAULO Nov 19 (Reuters) - Banco Santander Brasil SA aims to keep expenses growing about half as much as inflation in 2014, Chief Executive Jesús Zabalza told journalists on Tuesday.

The local subsidiary of Spain's Banco Santander should find it easier to grow its loan book next year due to a less aggressive strategy at state banks.

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