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[posting]45116913[/posting]Santander made a profit of EUR 2.255 billion in the first half, up 29% The result is in line with that for 2012 as a whole, which was EUR 2.295 billion CAPITAL. Strong capital generation raised the bank's Basel II core capital ratio by 0.44 point to 11.11%. The fully-loaded Basel III ratio (under 2019 criteria) will always be above 9%. LIQUIDITY. The loan-to-deposit ratio is at unprecedented levels: 107% for the Group and 85% in Spain, where the volume of deposits exceeds loans. BUSINESS. Deposits rose 7% to EUR 644,934 million, while loans fell 2%, to EUR 700,149 million. In emerging markets loans and deposits both grew by 12%, while in the Group's mature markets deposits increased 6% and loans decreased 6%. NPLS. The Group's non-performing loan rate was 4.92%, up 0.16 point from the previous quarter largely because of Spain, where it rose 0.64 point to 4.76%. In Brazil, NPLs fell 0.41 point in the quarter, while in the United Kingdom they declined by 0.02 point. Under the new criteria for refinanced loans, the NPL rate would be 5.75% in Spain and 5.18% for the Group. DIVERSIFICATION. Latin America contributed 51% of group profit (Brazil 25%, Mexico 12% and Chile 6%); Europe accounted for 37% (UK 13%, Spain 8%, Germany and Poland 5% each) and the United States 12%. Brazil: Net attributable profit was EUR 919 million (2,447 million reais, -11%). Income growth stabilized and costs increased by less than inflation. Loans and deposits both grew by 6%. United Kingdom: Profit from continued operations was EUR 501 million (426 million pounds, +3%). Overall lending fell 5%, with loans to SMEs up 12%, and deposits climbed 1%, with a 60% increase in current account volumes. Spain: Net attributable profit was EUR 294 million (-27%). Deposits grew by 19% and loans fell 4%. In the last 18 months, Santander has attracted EUR 25 billion in deposits and has gained 2.7 points of market share. Madrid, July 30, 2013 - Banco Santander made an attributable profit of EUR 2,255 million in the first half of the year, which was a 29% increase on the same period last |
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| aus der Diskussion: | Banco Santander ++ Fusionsphantasie bei span. Großbanken + will der Riese weiter wachsen?? +++ |
| Autor (Datum des Eintrages): | Ineluegi (30.07.13 22:22:49) |
| Beitrag: | 220 von 680 (ID:45146347) |
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