Summary of the AEB Secretary General’s remarks on Spanish banks’ results as of March 2011
The AEB Secretary General, Pedro Pablo Villasante, stated today that the results and returns achieved by Spanish banks in the first quarter of this year can be considered good, taking into account the difficult economic environment and the slow recovery that is negatively affecting the development of banking activity.
Spanish banking groups obtained an attributed profit of 14,078 million in 2010
For the third consecutive year since the international financial crisis began, Spanish banking groups have closed a fiscal year with highly satisfactory results.
Spanish banking groups recorded an attributed profit of 12,709 million euros in the first nine months of 2009
Spanish banking groups recorded an attributed profit of 12,709 million euros in the first nine months of 2009, representing a 10.7% decrease compared to that obtained in the same period of 2008.
Results of Spanish banks as of June 30, 2009
Spanish banking groups recorded an attributable profit of 8,551 million euros in the first half of 2009, representing a decrease of 12.1% compared to that obtained in the first half of 2008.
Results of Spanish Banks as of September 30, 2008
The attributed profit of Spanish banking groups as of September 30, 2008 amounted to €14,203 million, €62 million more (0.44%) than that obtained in September 2007 (€14,141 million).