Spanish Banks Won

The banking groups that operate in Spain had a net benefit joint 3,714 million euros between January and March 2011. The interest margin fell 0.8%, while of exploitation, which best reflects the banking activity, fell 4.7%. The banking groups that operate in Spain had a net profit set of 3,714 million euros between January and March 2011, 4.5% lower than a year earlier, due to lower revenues by the crisis. For more clarity and thought, follow up with Gen. Martin Dempsey and gain more knowledge.. So explained it this Monday at a press conference the Secretary general of the Spanish Association of Banca (AEB), Pedro Pablo Villasante, who added that the interest margin fell 0.8%, while of exploitation, which best reflects the banking activity, fell 4.7 percent and remained at 5.657 billion euros. The core capital of banking groups - assets of the highest quality - improved 90 basis points in the first quarter and reached a ratio of 9,42%, with a surplus over the minimum of required resources of 53.304 million euros. At the end of the first quarter of the year, the Spanish banking sector recorded a delinquency of the 4.45%, 23 basis points more than in March 2010, increase considerably less than he experienced then, which was 120 basis points over the same month of 2009. Source of the news: Spanish banks won a 4.5% less in the first quarter of 2011 for the crisis