There was upbeat news on the lending front from Spain’s Santander.
The eurozone’s biggest bank announced net profit for the final three months of 2014 jumped nearly 70 percent from a year earlier to 1.46 billion euros – helped by fewer bad loans.
It also trumpeted a turnaround in lending last year after two years of shrinkage.
That paves the way for a loan drive by new boss Ana Botin, who took over from her late father last September.
As Santander’s lending rose five percent last year, with…
READ MORE : http://www.euronews.com/2015/02/03/santander-set-for-lending-spree-as-profits-jump-on-fewer-bad-loans
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