Spain banks interest margin could be weak point in H2
Renta 4 | Spain’s big banks H2 results expected to be weaker.
CaixaBank
CaixaBank moves for Portugese lender
MADRID | By Sean Duffy | Investment by Catalan lender may provoke “Iberian battle” for supremacy in the peninsula.
Market chatter: Spain’s Caixabank misses expectations but sees NPL ratio go down
MADRID | By Jaime Santisteban | Caixabank’s net profit dropped by 54.6% to €152M in the first quarter. Analysts highlight the positive impact of integrating Banco de Valencia and Banca Cívica. Spain’s third biggest bank by market value improved its margins and reduced its NPL rate for the first time since the crisis started.
Santander, BBVA and Caixabank In the Spotlight After Increasing Profits- Although By Less Than Expected
MADRID | The Corner Team | Three Spanish financial institutions set the example of the country’s incipient recovery just after the banking bailout program came to a clean end: Santander gained 90% more than last year; Caixabank, 118% and BBVA, 30%.
Write-downs take 80pc of CaixaBank’s profits, push core capital to 13pc
BARCELONA | CaixaBank reported Friday a poor attributed January to March net income of €166 million as a result of provisions enforced by the Spanish government, set to clean up the balance sheets of the country’s banking sector. For the Catalan entity, the figure means an 80.1-percent cut down comparing to the first quarter of 2011 and bears the scars of large write-downs of €3.735 billion. CaixaB ank said that, as…
CaixaBank+Banca Cívica = Spain’s €342-billion leading financial group
Should Banco Santander and BBVA watch out for this one? The absorption of Banca Cívica, approved on Monday by Caixabank’s board, will create the leading bank in the Spanish market, with assets of €342 billion, stock market capitalization in excess of €16 billion, 14 million customers and an average Spanish market share in deposits of 14.0%, in customer loans of 13.4% and in total assets of 10.5%. CaixaBank will become…
Catalan CaixaBank does a Barça
All about our Bankia-Caixabank merger gossip
CaixaBank adds to Spain's flame for socially responsible investing
Two Spanish supersector leaders, as Dow Jones and Sam call them, made it into this year’s Dow Jones Sustainability Index: they are Enagas and Repsol. If you have not heard about this list until now, here is a briefing: Launched in 1999, the DJSI are the first global indexes tracking the financial performance of the leading sustainability-driven companies worldwide. Today, the index family has approximately USD 8 billion in assets under management…
CaixaBank adds to Spain’s flame for socially responsible investing
Two Spanish supersector leaders, as Dow Jones and Sam call them, made it into this year’s Dow Jones Sustainability Index: they are Enagas and Repsol. If you have not heard about this list until now, here is a briefing: Launched in 1999, the DJSI are the first global indexes tracking the financial performance of the leading sustainability-driven companies worldwide. Today, the index family has approximately USD 8 billion in assets under management…