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.
AEB welcomes ESMA’s guidelines, adopted by the CNMV, on remuneration policies in the context of MiFID.
With regard to the National Securities Market Commission (CNMV) adopting the European Securities and Markets Authority (ESMA) Guidelines on remuneration policies and practices in the context of the MiFID Directive, AEB would like to state the following: It welcomes our national supervisor’s adoption of the European supervisory authority’s guidelines, as these recommendations will enable Spanish […]
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 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.
Summary of the General Intervention by the AEB Secretary General
The year 2013, although still difficult, will be the bridge year toward recovery. The results of Spanish banks for the first quarter of 2013, amounting to €3,140 million, are still modest as a consequence of the complex economic environment, but will improve progressively throughout the year.
Decree-Law 6/2013 of the Regional Government of Andalusia
Regarding Decree-Law 6/2013 of the Regional Government of Andalusia, the Spanish Banking Association wishes to state: Its respect for and compliance with the provisions issued by the authorities. Its sensitivity and concern regarding the housing problem, particularly for those socially vulnerable groups affected by foreclosure proceedings. To alleviate these situations, banks have been adopting numerous […]
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.