T.C. | The group CET1 capital ratio rose 72 bps year-on-year to 12.30%, above its target range of 11-12%. The bank accrued 15 bps of capital for shareholder remuneration, the equivalent of 40% of underlying profit in the quarter. It will accrue 40% of underlying profit throughout the year for shareholder remuneration once authorized by supervisors.
According to the ranking by Funcas and the Universidad Rey Juan Carlos I, the Business Incubator of the Santiago Chamber of Commerce (Galicia) is the best centre for business creation in Spain. In second place is the European Business and Innovation Centre of Murcia (CEEIM) and in third place is the Vicálvaro Business Incubator in Madrid. bancosantander
This was confirmed by the 2020 data presented by the National Transplant Organisation (Spanish acronym: ONT). A total of 3,375 transplants of blood stem cells were performed over the last year,. Of those, 2,049 came from the patient themselves, while 1,326 were obtained from a donor. Actually there are now almost 38 million donors registered worldwide. In absolute terms, Spain remains fifth on the European ranking of registered bone marrow donors, behind Germany, Poland, the United Kingdom and Italy. Last year, 26% of all unrelated donors came from the Spanish register. (For 30 years, Spain has been the world leader in all types of transplants and organ donation, with 49 donors per million inhabitants).
T.C. | According to data from Red Eléctrica de España (REE), the Spanish electricity system registered a record figure on Sunday 21 March at 13:37 hours: solar generation reached 10,255 megawatts of instantaneous production, which was able to cover 37.3% of peninsular demand. It should be remembered that last year Spain installed almost 3,000 megawatts of solar energy, reaching 14,000 megawatts.
Intermoney | The Government of Pedro Sánchez plans to invest €1,000 million euros from the European funds against the pandemic in the promotion of social rental housing. Specifically, they will use this amount to complete a portfolio of 20,000 social housing units, coordinated by the Ministry of Transport, Mobility and the Urban Agenda.
T.C. | More than half of the debt, 43.5 billion, corresponds to the central administration, the government, while local councils owe almost 20 billion, the Autonomous Communities 10 billion and the Social Security another 10 billion. And nothing seems to indicate that these figures will improve in 2021. In breach of the law on late payment – which requires payment within 30 days – the central government was paying in January 2021 in almost 40 days.
Fernando Rodríguez | The Treasury will issue its first sovereign green bond “in the second half of this year,” as announced by Pablo de Ramón-Laca, Director General of the Treasury and Financial Policy. He explained that this first bond will form part of the Treasury’s Green Bond Issuance Programme, which aims to be a “structural component of the Treasury’s financing policy.”
T.C | Allfunds, the made in spain fund distribution platform with assets under administration of more than 1.2 trillion euros, went public on Friday on the Amsterdam Stock Exchange, with an initial price of 11.5 euros per share, which meant a capitalisation of 7.25 billion, and closed the day at 13.85 euros, which implies valuing the company at more than 8.7 billion.
T.C. | Cellnex (CLNX) has closed its €7 billion capital increase without difficulties. This is the company’s fourth capital increase in two years. Since February 2019. Cellnex has raised €14.7 billion in capital on the market and is, after the capital increase, the fourth largest company in the Spanish market. The Benettons did not take part in this new capital increase – which was made at a discount of 17% – and have sold their rights, reducing their stake from 13.5% to 8.5%. On the other hand, the sovereign wealth fund of Singapore, which bought 2.5% of the capital from the Benettons, became the largest shareholder with 9.23%.
ASE Group | The rise in the price of CO2 emissions, up 36% so far this year to 45 euros per tonne (when a year ago it was around 15 euros per tonne) and in the price of gas, up 200%, is pushing up electricity prices across the continent, both current prices and those on the futures markets. Thus, for example, in Spain, the daily price of electricity on the wholesale market for the first 15 days of April stood at 58.13 €/MWh. This is 60% higher than at the end of March and also 60% above the average for the month of April in the last 5 years. If we compare it with April of last year, in the middle of the sanitary confinement, the price rises by 229%.