Spanish Banks’ 9M18 Confirms Sector's Capacity to Absorb Shocks
Spanish banks continued to report solid performance in 9M18 driven by lower provisions and a positive trend in fees. The pick-up in lending activity continues, and this could pave the way for reduced pressure on net interest income. DBRS considers that the results of the recent EBA stress-test confirm the good turnaround of the sector, and that Spanish banks are well-equipped to face potential adverse economic and market conditions.
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