Santander profits plunge by 90%

Santander profits plunge by 90%

Santander : Spain | Oct 25, 2012 at 4:25 AM PDT
Source: BBC
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Santander profits sink 90% on bad property loans Santander said that total problematic property assets amounted to 18.5bn euros Spanish bank Santander has said its quarterly profits fell by more than 90% after taking provisions for bad property loans in its local market. FULL ARTICLE AT BBC
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Net profits for the year fell to 4.62 billion euros
Net profits for the year fell to 4.62 billion euros
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