MADRID Jan 22 Mid-sized Spanish lender
Bankinter on Wednesday reported a 73 percent jump in
profit for 2013 compared to the year before, largely thanks to
lower provisions against losses after it cleaned up soured
property assets in 2012.
The bank made a net profit of just over 215 million euros
($291 million) for the year, beating forecasts by analysts in a
Reuters poll for a 211.5 million euro profit.
Net interest income, broadly the difference between the
bank's funding costs and what it earns from loans, was down 3.7
percent on 2012 for the whole of last year at 636 million euros,
slightly above expectations.
($1 = 0.7383 euros)
(Reporting by Sarah White, Editing by Sonya Dowsett)