Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Spain's Caixabank posts net loss of 182 mln euros in Q4

Source: Reuters - Fri 29th Jan 2016
Spain's Caixabank posts net loss of 182 mln euros in Q4

Spain's third-biggest lender Caixabank on Friday posted a EU182 Mln loss in Q4 of 2015 after it was hit by one-off costs, including writedowns at energy firm Repsol in which it holds a stake.

Caixabank, which owns 12.14% of Repsol's capital, reported a 31.% rise in full-year net profit to EU814 Mln thanks to the acquisition of Barclays' Spanish retail business, although that was short of a EU1.1 Bln Reuters forecast.

Recommended Reading :

* Spain passes law against double charges at Bank ATMs

* Spain Banks fall on report EU wants loan interest returned

Comment on this Story

 
Be the first to comment on this Story !!

Related Partners

Recommended Items

Related Articles

Related Blogs