Santander profits rise on favourable business in UK


Madrid Spanish banking giant Banco Santander said Wednesday that its profits grew strongly in the third quarter of this year, thanks in particular to a good performance in Britain and the United States.

Santander said in a statement that it booked a bottom-line net profit of 2.17 billion euros ($2.5 billion) in the period from July to September, an increase of 24 percent over the same period a year earlier. — AFP

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