Spain's Popular maintains profit forecast for 2013 and 2014

MADRID, April 30 Tue Apr 30, 2013 5:10am EDT

Related Topics

MADRID, April 30 (Reuters) - Spanish bank Popular on Tuesday said it maintained its forecast of a 500-million-euro ($655.00 million) profit in 2013 and of a 1.4-billion-euro profit in 2014.

The lender returned to profit in the first quarter of the year after a record loss in 2012, as asset sales offset weak business in its home market. ($1 = 0.7634 euros) (Reporting by Tomas Cobos; writing by Julien Toyer; editing by Sarah Morris)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.