A SUNNY FUTURE FOR SPAIN'S BANKS?

摘要

Spanish bankers are cautiously optimistic about the outlook for the current year, despite the ongoing squeeze on profitability brought on mainly by low interest rates. This view is supported by a significant reduction in non-performing loans (NPLs) and the buoyant growth of the Spanish economy. "We expect to see 2.6% gross domestic product [GDP] growth in Spain in 2019, which is positive when compared with the rest of Europe," says Jose Maria Roldan, chairman of the Spanish Banking Association (AEB).