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Bankinter, S.A. (0H7O.L)

LSE - LSE Delayed price. Currency in EUR
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4.8840+0.0470 (+0.97%)
At close: 07:01AM GMT
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  • Reuters

    Bankinter's Q2 lending income rises on higher rates

    MADRID (Reuters) -A rise in lending income, boosted by steady growth in the total loan book and an improvement in customer spreads, drove a recovery in financial margins at Spain's Bankinter in the second quarter. Banks across Europe have been under pressure from record low interest rates, but that is beginning to change. In the second quarter, net interest income (NII), earnings on loans minus deposit costs, rose 5.5% year-on-year in the second quarter to 346 million euros ($352 million).