Spanish real-estate crisis hits more banks

[Letsbereal]

Spanish real-estate crisis hits more banks
27 July 2012, Madrid (MarketWatch)
http://www.marketwatch.com/story/spanish-real-estate-crisis-hits-more-banks-2012-07-27

--Caixabank, Popular, Banesto hit by real-estate loss provisions

--All three set aside most of their profit against losses

--Portugal's BCP bank swings to loss, takes €502.2 million hit from Greek operations

--Spain has lifted minimum loss provisions level twice this year


Caixabank profit sinks 80% on property provisions http://www.marketwatch.com/story/caixabank-profit-sinks-80-on-property-provisions-2012-07-27

Santander profit sinks 93% on property provisions http://www.marketwatch.com/story/santander-profit-sinks-93-on-property-provisions-2012-07-26