Bankinter recorded a net result of €145 million during Q1 2019, in a slight increase of 1.45% in relation to the same period of 2018. Portugal’s subsidiary recorded a «strong growth», contributing with €22 million, before taxes, to the global results of the Spanish banking group, in a 16% increase.
In Spain, Bnakinter’s credit portfolio recorded a 5% increase in Q1 while the clients’ resources grew by 10%. Regarding Portugal’s branch, both the credit as the clients’ resources increased by 12%; reaching €5.6 and €4.3 billion, respectively.
Original Story: ECO | Lusa
Photo:Bankinter online
Edition & Translation:Prime Yield