BBV's net profit rose 25% last year
Article Abstract:
Spanish banker Grupo BBV announced a 25% rise in profits to 163.63 pesetas ($1.12 billion) for 1998, but the news was upstaged by the acquisition of France's Societe Generale and Paribas S.A. BBV Chairman Emilio Ybarra would says he will not rush into any takeover deals.
Comment:
Spanish banker Grupo BBV's 1998 profits increased to 163.63 pesetas ($1.12 billion), merger of French banks challenges BBV
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Dutch boom in mortgages draws banks
Article Abstract:
The article discusses the trend among European banks to pursue a persistent and aggressive marketing strategy in the Dutch mortgages market. Analysts predict a strong growth for the Dutch mortgages market in the years to come.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Diageo net profit tumbles 95% on charge related to Burger King. Allied Domecq posts 13% drop in its net profit
- Abstracts: Euro's surge raises profit worries. In Europe, a caution sign. Europe markets close higher on positive earnings reports
- Abstracts: Interpublic's Ammirati realigns its senior staff. Publicis wins Coke's account
- Abstracts: Allianz's net profit surges 34%. Allianz net profit bolstered by sale of stockholdings. German insurers to get stock-loss tax break
- Abstracts: China's GDP exceeds Italy, nudges France. To boost tax take, China offers rewards on 'Happy Draw'