The Spanish economy will grow in 2014 at a rate close to 1.5% and could exceed 2% in 2015.
The Spanish banking system, which has made significant progress in its restructuring and deleveraging, is in good condition to face the Asset Quality Review (AQR) and the ECB’s stress tests. The sector continues to face significant challenges such as the moderate growth in credit demand, high non-performing loans, capital requirements, and the compression of margins […]
Spanish banks obtained an attributable profit of €2,243 million in the first quarter of 2014
The absence of extraordinary results caused attributable profit to fall by 28.6%. Without this effect, return on average total assets remains stable and even shows a slight increase.
Speech by the AEB President at the 5th Expansión-KPMG Financial Meeting
José María Roldán summarized the AEB’s priorities for the next four years in one word: Europe, expressing the challenge facing Spanish banks in the Banking Union construction process The ECB must respect the competitive balance between institutions and take into account the strengths of the Spanish banks’ business model To reduce our economy’s debt, it […]
Spanish banks obtained an attributable profit of 7,274 million euros in 2013
The lower requirements for provisions and allowances compared to the exceptional restructuring carried out in the previous year have made it possible to move from a loss situation in 2012 to a profit situation one year later.
Spanish banks recorded an attributable profit of 5,310 million in the first half.
The year-on-year comparison of the attributable profit for the half-year is of limited significance due to the extraordinary write-downs carried out in 2012.