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.
Press Release on the results of Spanish banks as of September 2011
The attributable profit of the aggregate of Spanish banking groups amounted to 9,328 million euros as of September 30, 2011, 15.4% lower than that recorded in the first nine months of 2010.
Press Release on the Results of Spanish Banks as of June 2011
Spanish banks achieve attributable profit of 6,607 million in the first half of 2011, with a decrease of 17.2%, after improving their solvency and financing
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 banks obtained an attributable profit of 3,714 million in the first quarter
Spanish banking groups obtained an attributable profit of 3,714 million euros in the first quarter of 2011, 4.5% lower than that recorded in the same period of the previous year.
Spanish banking groups have obtained an attributable profit of €11,089 million
Spanish banking groups have recorded an attributable profit of €11,089 million in the first nine months of the year, representing a decrease of 12.8% compared to the same period of the previous year. Consolidated profit amounted to €12,319 million, 9.7% less than in the same period of 2009.
Summary of the AEB Secretary General’s Address, September 2010
The Secretary General of the AEB, Pedro Pablo Villasante, highlighted today that Spanish banks as a whole have managed to generate profits and maintain positive profitability throughout the first nine months of 2010, a year he did not hesitate to describe as “the most complicated we have experienced since the international financial crisis erupted.”
Spanish banking groups obtained an attributable profit of 7,979 million in the first half of 2010, after increasing their provisions and strengthening their solid equity position
The profit obtained was compatible with a significant provisioning effort totaling 10,977 million, 10.3% higher than in the same period of 2009.
Spanish banking groups recorded an attributable profit of €3,888 million in the first quarter of 2010, after strengthening their capital position and improving their efficiency
Spanish banking groups recorded an attributable profit of €3,888 million in the first quarter of fiscal year 2010, 4.1% lower than that obtained in the first quarter of 2009.
Spanish banking groups obtained an attributed profit of €14,943 million in 2009 following a sharp increase in provisions and equity
Spanish banks achieve a substantial improvement in their solvency after increasing their eligible capital by 14.5%.