Wednesday, August 3, 2016

Liberbank reduced profit margins and June – Investing.com Spain

MADRID (Reuters) – Liberbank (MC :) announced Wednesday that its attributable profit fell in the first six months of the year by 41.6 percent to 73 million euros

the entity resulting from the merger between Banco CCM-Cajastur, Caja Cantabria and Caja Extremadura, adding that ended the first half with a drop in net interest income by 9.5 percent to 228 million euros.

the delinquency rate including EPA assets fell 230 basis points in the quarter and 380 basis points compared to June last year to stand at 17.1 percent.

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