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Europe Daily Bulletin No. 10962

14 November 2013
Contents Publication in full By article 27 / 30
BUSINESS NEWS NO 81 / (ae) banking

Rising profits for Spanish banks but prospects remain gloomy. The five biggest banks in Spain announced positive results for the third quarter of 2013 but they are still in need of a strong boost. Over the first nine months of the year, profits rose, sometimes quite sharply. Profits for Santander and BBVA increased by 77% to €3.3 billion and by 86%, to €3.1 billion respectively. The third biggest bank in Spain, however, CaixaBank, experienced the sharpest increase in profits with a 161%...

Contents

ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
SECTORAL POLICIES
EXTERNAL ACTION
BUSINESS NEWS NO 81