Problem with translation

Question

I have a title in news: El Santander amplía su capital en 7.076 millones para financiar el saneamiento inmobiliario de Popular. I would start like this: The Santander bank amplifies it's capital by 7.076 millions for financing the... now i can think of anything. I tried to translate the second part but it doesn't really make any sense. Can you help me understanding the sentence, especially the second half, please?

muy interesante la pregunta :) - 006595c6, Jul 4, 2017

'help me understand' or help me to understand - to is left out in speech and often in writing. you could use the gerund with the use of in understanding or my understanding of but understand is best - Mardle, Jul 5, 2017

Answer 1

"Saneamiento" is a word that we usually use to speak about the" infrastructure" you need to have sanitation or hygiene in an area, building or house. It includes plumbing, pumps etc.
"Popular" is written wih a capital so it must be the name of a town, village, area, building etc.
The word "inmobiliario" is an adjective coming from "inmueble" which means "land", "property", "real estate". The word comes from "in" + "mueble" meaning "not movable" or wealth that can't be moved like real estate. I think the bank finances the sanitation of buildings in a certain place called Popular .

Could it be?

Saneamiento también tiene la acepción de reparar, llevar las cosas a un estado óptimo . En éste caso las finanzas. - 000a35ff, Jul 4, 2017

Sí, ya me di cuenta. Me engañó lo de Popular. Claro sanear las actividades de la institución bancaria. - polenta1, Jul 5, 2017

Answer 2

I did some light research. Popular was a Spanish bank holding company, the sixth largest in the country. It was failing and was bought out by Santander, another Spanish banking concern. So my previous presumptive translation about a "bail-out" was correct.

I took Popular as the name of a place. So you are right. "Saneamiento" here would come from "sanear" una institución bancaria. - polenta1, Jul 5, 2017

Answer 3

Para financiar el saneamiento inmobiliario. Para pagar/financiar las deudas en bienes inmuebles del popular / para pagar las deudas derivadas/provenientes de las propiedades del Popular

to pay the debts wihch come from Popular's properties.

I'm not sure about my English translation . So wait for other members comments

wow, nunca lo hubiera sabido, asto, bien por ti. - 006595c6, Jul 4, 2017

Answer 4

Hi Daniel ~Your question has been answered but I thought I would add some more

1. saneamiento is from sanear which is from the same root as sanitise. In relation to business restructure works or in finance 'write off'

2. amplia - this means to increase, expand or enlarge. The English word amplify is used to make something louder for which we use amplifiers. The Spanish word is amplificar. It also can be used figuratively.

It is of course sensible to use your knowledge of other words to work out meanings.

I find wordreference useful. There are two bilingual dictionaries [Collins has a better list of idioms] a forum with answers about use of words or phrases and two monolingual dictionaries.

I know you read el mundo but you could also try El País it is more difficult to read than el mundo but it has an English section so you may be able to find an article you like in both sections.

Here is an article about Santander

in English

I also think

20minutoses

is useful. It deals with more everyday things. The reason to look at it, is because if you have read an article on a subject in another paper 20 minutos has videos with almost every article El País has a youtube channel with some videos.

If you want to know more about Santander here is a link to their statement in English, but links to Spanish

Santander statement

Answer 5

“El Santander amplía su capital en 7.076 millones para financiar el saneamiento inmobiliario de Popular.”

“Santander increases its capital by $7.076 billion to bail out Popular’s property fiasco.”

I couldn’t tell if that was a decimal or a comma in the Spanish. The “saneamiento” could be a literal clean-up of the property or a bailing out of the mess created by Popular. I don’t know from the context.

Answer 6

Yo creo que la respuesta de bigote tiene mucho sentido.

Bigote, how about:

“Santander increases its capital by $7.076 billion to bail out /pay for Popular’s real estate assets fiasco.”

¿Qué os parece?

No sabia que fiasco tambien se usaba en inglés. Una cosita más que sé - 000a35ff, Jul 4, 2017

Sí, Heidita. Me gusta más eso de "pay for " y "real estate". Omitiría "assets", que "real estate" basta. - DonBigoteDeLaLancha, Jul 4, 2017

ah, genial, gracias - 006595c6, Jul 5, 2017