Brief: Sabadell Sees Room For Deals, But Conditions Not Materializing In Near Future
BRIEF-Sabadell Sees Room For Deals, But Conditions Not Materializing In Near Future July 24 (Reuters) - Chief Executive Officer of Sabadell SABE.MC Marc Armengol:
SCALE IS IMPORTANT, THERE IS ROOM FOR DEALS, BUT BANK DOES NOT SEE OPPORTUNITIES OR CONDITIONS MATERIALIZING IN NEAR FUTURE
BANK SEES OPPORTUNITIES FOR GROWTH IN CONSUMER LENDING
BANK EXPECTS LOW-SINGLE DIGIT GROWTH IN MORTGAGES, MID-SINGLE DIGIT GROWTH IN SMES, CORPORATES, AND DOUBLE DIGIT GROWTH IN CONSUMER LOANS
BANK IS COMMITTED TO DISTRIBUTE TO SHAREHOLDERS ANY EXCESS ABOVE 13% CAPITAL RATIO
Further company coverage: SABE.MC
(Reporting By Madrid Newsroom)
((emma.pinedo@thomsonreuters.com;))
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