Spanish banks recorded attributable profit of €6.702 billion in the first nine months of 2013
The high provisions made, amounting to €18 billion, were lower than the exceptionally large provisions in 2012, but still remain above the average of recent years.
Spanish banking groups recorded losses of €1.653 billion in fiscal year 2012
The losses reflect an unprecedented restructuring effort: €42.703 billion in provisions and allowances for loans and other assets.
The attributable profit of Spanish banks fell by 63.7% in the first nine months of 2012, reaching 3,386 million euros.
The institutions are making an intense clean-up effort, amounting to 25,581 million euros, which includes a large part of the extraordinary provisions required for this fiscal year.
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 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 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 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%.
The AEB President states that Spanish banks are acting as shock absorbers for the crisis
“The solvency of Spanish banks guarantees adequate credit supply to the economy.”