Banco Santander Sees Further Pressure on Spanish Lending Margins

By
Macarena Munoz Montijano
  • The lender boots its capital ratio in the first quarter
  • Profit lower on weaker pound, Latin American currencies

Banco Santander 1Q Profit Falls on Revenue Decline

Banco Santander SA expects lending margins to continue shrinking Spain, hurt by negative interest and stalling lending growth.

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