Spanish GDP collapses and bank profits fall as pandemic hits financial institutions
CaixaBank and Banc Sabadell make 67% and 72% less in the first half of 2020, while Spanish GDP collapses 18.5%
CaixaBank and Banc Sabadell make 67% and 72% less in the first half of 2020, while Spanish GDP collapses 18.5%
Two months ago the International Monetary Fund had forecast a drop of 8% in the Spanish economy
Organization says growth of 2021 will not match this year’s losses