Markets Showing Strong Optimism For Spanish Banks
Spanish banks are up between 34 – 63% since the summer, outperforming the rest of the periphery, and the market seems to pricing in a lot of optimism even though Spanish banks still have weak loan growth and a high level of non-performing loans. But this optimism comes from making some fairly strong assumptions about next year’s performance, says Citi analyst Stefan Nedialkov.
Spanish banks performance
“Spanish banks are up 34-63%, exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
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