Banking Outlook. December 2019

Summary

In the first six months of 2019 the net profit for the Spanish banking system has been EUR 5,326 M , 20% less than in the one obtained in the first semester of 2018, due to a weak second quarter. The key factors were weak revenues, cost control, and provisions which remain at minimum levels.

Key points

• Key points:
• Developments in the Spanish banking sector
• Negative interest rates: current situation and effects
• Sustainable finance and the role of banking
• The rise in non-finantial entities and their effect on the economy
• Priorities and European regulatory agenda

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