Business & Finance
Spain's BBVA bank reports lower profits
MADRID : Spain's second-biggest bank BBVA reported on Thursday that second-quarter profits were down 7.6 percent from th
MADRID: Spain's second-biggest bank BBVA reported on Thursday that second-quarter profits were down 7.6 percent from the equivalent figure last year at 1.189 billion euros ($1.707 billion).
Over the six-month period, profits were off 7.5 percent at 2.339 billion euros from last year, but were up 12.5 percent from the previous half, showing a "clear tendency toward change," the bank said.
Copyright AFP (Agence France-Presse), 2011
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