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Tekijä: | |
Otsikko: | Profits take a siesta. |
Lehti: | Banker
1993 : APR, VOL. 143:806, p. 14, 16-18, 20-21 |
Asiasana: | RECESSION PRIVATE BANKS SHARES SPAIN |
Kieli: | eng |
Tiivistelmä: | Bad debts and an imminent recession have slashed the profits of private banks, which are now looking overseas. Central Bank deputy believes the Spanish system will remain dynamic despite its upheavals. Argentaria, created in 1991 in a government-inspired merger of five Spanish state-owned banks, is preparing for a billion dollar share offer. A list of Spain's top 10 banks is included. |
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