Summary of the AEB Secretary General’s Intervention on Spanish Banks’ Results as of September 2011
The Secretary General of the AEB, Pedro Pablo Villasante, highlighted yesterday that the year 2011 is proving particularly complicated for banking activity, due to economic weakness and the effects of the sovereign debt crisis, despite which Spanish banks have achieved results and profitability in the first nine months of the year.
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.
September 2007. Good results and strength of the banking sector.
The results of the Spanish banking sector in the first nine months of 2007 show strong and sustained growth over 2006, a very good year, based on recurring business income. The strength and health of the balance sheet and the high quality of the results provide a solid foundation that allows us to look to the future with confidence.