(ADPnews) - Oct 29, 2009 - Spanish commercial bank Santander (MCE:SAN) will make additional efforts to reduce its costs, especially in Spain, the main threat for the bank's business, Santander said yesterday.
The bank posted a EUR 6.74 billion (USD 9.925bn) net profit for the first nine months of 2009, down 2.8% on the year. Santender made provisions of EUR 7.2 billion in the period, up by 54% on the year.
The goal for the next quarters is to strengthen the solvency and …
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