BBV's net profit rose 25% last year

Article Abstract:

Spanish banker Grupo BBV announced a 25% rise in profits to 163.63 pesetas ($1.12 billion) for 1998, but the news was upstaged by the acquisition of France's Societe Generale and Paribas S.A. BBV Chairman Emilio Ybarra would says he will not rush into any takeover deals.

Comment:

Spanish banker Grupo BBV's 1998 profits increased to 163.63 pesetas ($1.12 billion), merger of French banks challenges BBV

Sales, profits & dividends, DEPOSITORY INSTITUTIONS, Spain, Grupo BBV

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Dutch boom in mortgages draws banks

Article Abstract:

The article discusses the trend among European banks to pursue a persistent and aggressive marketing strategy in the Dutch mortgages market. Analysts predict a strong growth for the Dutch mortgages market in the years to come.

Netherlands, Financial management, Financial services industry, Financial services, Marketing, Mortgages

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