Spanish banks adapted to crisis quickly – but most acknowledge it will hit profitability.

National Bank of Pakistan is committed upgrading its technology platform, improving its human resources function and boosting its international franchise. 

A low interest rate environment, the cost of digitisation and competition from disruptors are all squeezing Spanish banks’ profitability but the general feeling is one of cautious optimism. 

Caixa Ontinyent is a rare thing – a Spanish savings bank that survived in the aftermath of the 2008 financial crisis. The Banker reports on how it pulled off this feat.

Spain’s banks are looking much more stable, having cut non-performing assets in response to European Central Bank pressure. A reduction in overall bank numbers through mergers has streamlined the industry, though observers say increasing profitability remains challenging. Jules Stewart reports.

As the Spanish economy ticks up, the country’s banks are feeling cautiously optimistic and confident enough to consider expansion, both at home and abroad, while ramping up their digital strategies. Jules Stewart reports.

With the property market going up and unemployment coming down, Spain’s banks are hoping a renewed focus on their core customers and domestic market will spur a slow but steady recovery as the country emerges from recession. Jules Stewart reports.

The Spanish economy's recovery is benefiting the country's banks, which are reporting increased profits and ambitious plans for growth.

Just a few years ago, Spanish lender Bankia was on the brink of collapse. Now, thanks to an aggressive restructuring programme, the bank is hitting its targets and has ambitions to compete with national giants Santander, BBVA and CaixaBank.

There is an optimistic feeling among the CEOs of Spain's leading banks, as profits and domestic conditions improve. With the European Central Bank's imminent asset quality review expected to be passed with flying colours, the country's lenders are now looking beyond survival and towards growth, both domestically and internationally.