About: http://data.cimple.eu/news-article/ea74b6a54cb1cbe84d79b192f1ad2a5adb4622840ca1f14dd726c156

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About: http://data.cimple.eu/news-article/ea74b6a54cb1cbe84d79b192f1ad2a5adb4622840ca1f14dd726c156 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Banco Santander posted a near fivefold increase in quarterly profits on Wednesday after Spain's biggest bank set aside huge sums last year to weather the coronavirus pandemic. First quarter profits reached a better-than-expected 1.6 billion euros ($1.9 billion), compared to 331 million in the same period last year. "We saw good performance across all our regions, with particularly strong growth in the US, UK and Santander Corporate and Investment Banking," Banco Santander head Ana Botin said in a statement. "The success of the vaccine rollout remains critically important to economic recovery," Botin said, adding she was "confident" that the bank would achieve its goals for the year. The bank set aside 12 billion euros in provisions for loan losses last year, including 1.6 billion euros in the first quarter, as the pandemic pummelled Spain's economy. Banco Santander posted its first ever annual loss in 2020 due to restructuring costs and provisions to cope with the Covid-19 crisis, and it announced 3,500 job cuts. emi/abx/lth/rl
schema:headline	Santander quarterly profits surge nearly fivefold
schema:mentions	Banco Santander Spain Pandemic United Kingdom Vaccine Severe acute respiratory syndrome coronavirus 2 Coronavirus disease 2019 EMI
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-04-28 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	74 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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