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.
Western Europe
Latest articles from Spain
Will Catalonia independence movement dent Spain’s economic recovery?
December 1, 2017As Spain’s economy is forecast to outpace 2008 GDP growth for the first time since the eurozone crisis, its own constitutional problems are posing a risk to the upbeat projections, writes Stefanie Linhardt.

ECM pipeline builds as Spanish confidence grows
September 1, 2017Following the 2012 bailout of the Spanish banking system, investor trust in the country's financial institutions is on the up – giving a welcome boost to its equity capital markets. David Wigan reports.

Buoyant Spanish banks finally look forward with optimism
May 2, 2017As 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.

CaixaBank continues to defy Spanish banking gloom
November 2, 2015CaixaBank is bucking the trend in the Spanish domestic banking sector, which is still suffering from a slow recovery from the crisis as well as political uncertainty. Technological investment, cost cutting, consolidation and reducing risk have been at the forefront of the bank's growth strategy.
UK banks have the largest exposure to emerging markets
October 27, 2015UK banks have $878.2bn in claims on developing markets, making them vulnerable to a downturn.

Spanish lenders transition from stability back to growth
July 1, 2015The Spanish economy's recovery is benefiting the country's banks, which are reporting increased profits and ambitious plans for growth.
The top five Spanish banks
May 19, 2015As the Spanish banks are seeking to expand with acquisitions abroad, bolstered by recovery at home, The Banker assesses the local top five banks by Tier 1 capital.
Espirito Santo crisis highlights continued struggle in periphery
August 22, 2014The crisis at Portugal’s Banco Espirito Santo has raised fresh doubts about the recovery of banks in the peripheral eurozone.
CaixaBank's simple steps to success
August 1, 2014CaixaBank has emerged from the Spanish banking crisis with a larger share of the domestic market and the biggest branch network in the country. By focusing exclusively on its home market, and continuing its trend of innovation, the lender hopes to build on this position.