The Financial Markets Authority (AFM) in the Netherlands has fined Santander bank some €3.7 million for providing irresponsible loans. The penalty, given on 9 July this year but disclosed on Wednesday, is based on a study of 10 files from 2021. Authorities concluded that Santander obtained too little information about the financial position of customers in 4 out of 10 files, leaving debtors vulnerable. It provided irresponsible credit in half of them, added the AFM. Santander sets sights on investors with dividend hike and share buyback scheme”This is serious, because SCF [Santander Consumer F…