Santander’s profits were halved in the first half of this year, as the Spanish company was forced to write down £2.8 billion to cover losses from bad loans.
Profits were down to £1.7 billion for the first six months this year, which is 51 per cent lower than 2011.
Daily Telegraph Business 4
FT 18
Santander’s profits were halved in the first half of this year, as the Spanish company was forced to write down £2.8 billion to cover losses from bad loans.Profits were down to £1.7 billion for the first six months this year, which is 51 per cent lower than 2011.Daily Telegraph Business 4FT 18
