Article Abstract:
Second-quarter net profit for Banco Popular Espanol S.A. rose by 19% to reach $448.7 mil, boosted by lending growth that was stronger than anticipated. Total loans increased by 17%, due primarily to growth in personal loans, which rose 28%.
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Article Abstract:
Fourth-quarter net profit for Spain's Banco Popular Espanol S.A. rose 52% to reach $484.1 mil, due in part to lower taxes. The bank reaffirmed targets for 2008 and 2009 despite slower economic growth and the rise of problematic loans.
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Article Abstract:
Third-quarter net profits for Madrid-based Banco Espanol de Credito S.A. rose 18%. The bank's success is partially due to a focus on small business and consumer loans.
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