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News from the financial sectors in Spain and the Canary Islands
   News from the financial sectors in Spain and the Canary Islands

Profits for Bankinter
Bankinter recently announced that net profits for last year increased by 73.6 per cent to 361,86 million euros. The bank said that profits were thanks to a capital gain of 110 million euros from the sale of its insurance business Mapfre.


Profits for Bankinter

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Franz Fiedler
Tenerife
Painter
01.03.2008 - Net interest income – the difference between what the bank pays for deposits and gains from loans - increased 24.1 per cent as lending grew 18.7 per cent. Speculation has surrounded Bankinter recently as both Credit Agricole and former Bankinter chairman Jaime Botín have approached the Bank of Spain to up their respective stakes in the bank to 29.9 per cent.



 
Tenerife - 08.02.2012 - Emergency services in Tenerife were called into action again yesterday to rescue a hiker who took ill during a walk in the Anaga hills outside Santa Cruz. more...
Canary Islands - 08.02.2012 - Yesterday's ugly scenes at Bilbao airport, where Ryanair boss Michael O'Leary had to be given a police escort after his provocation of former Spanair employees, prompted a furious reaction against the head of the airline by Canarian MP Ana Oramas. more...
Las Palmas - 08.02.2012 - The snags preventing the release of tickets for the concert by rock legend Bruce Springsteen in Gran Canaria have now been resolved and the gig has been confirmed 100%, say the organisers. more...
La Laguna - 07.02.2012 - A well-known Tenerife lawyer is the focus of police attention in a money-laundering and fraud investigation ordered by a La Laguna judge. more...
Canary Islands - 07.02.2012 - Relations between the Canarian government and the new Spanish government sank further yesterday when the region's tourism minister was apparently snubbed by his national counterpart. more...
Canary Islands - 07.02.2012 - Two Britons who had to be rescued again after getting into trouble on their bid to cross the Atlantic in a pedal boat could face a hefty fine for the latest mobilisation of air and sea rescue resources. more...
People first


Banish the blues
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The Magazine - Edition 73