Leading lenders saw net interest income increase despite tricky economic conditions.
Western Europe
Latest articles from Western Europe
A moment of truth for Natixis
September 15, 2021Natixis CEO Nicolas Namias outlines his ambitions for the firm, following its recent delisting and acquisition by BPCE.
Ghosts of European debt crisis linger over Portugal’s banks
September 14, 2021Pre-tax profits slumped at leading lenders last year as the country’s heavily indebted private sector struggled with the pandemic.
Cypriot banks make progress in tackling bad loans
September 1, 2021The NPL ratio at Bank of Cyprus, the country’s largest lender, fell from 41% in 2016 to 12.4% last year.
European bank M&A forecast to accelerate
September 1, 2021The consolidation drive is expected to continue into 2022, with domestic deals taking the lion’s share of activity.
French banks’ pre-Covid soundness pays off
September 1, 2021French banks went into the crisis well prepared, as their performance shows.
Solid fundamentals stand German banks in good stead
September 1, 2021Hamburg Commercial Bank is Germany’s best-performer, leading a field that did well under tough conditions.
Kutxabank leads Spain’s banks towards recovery
September 1, 2021Banks reacted smartly to Spain’s sharp contraction in growth last year — with the resulting numbers showing that they are nicely positioned for the future.
Pre-pandemic measures see Turkish banks through crisis
September 1, 2021Turkiye Vakiflar Bankasi leads the Turkish banks, whose adaptability has seen them through a tough year in face of currency depreciation and rising inflation.
Investec UK crowned best-performer among largest UK banks
September 1, 2021Well-capitalised UK banks not only weathered the Covid-19 pandemic, but also helped the government support other businesses during it. However, other challenges, such as Brexit, remain.