Spanish banks report strong results in Q3 2023; but NII is close to peak and further uncertainty expected

<?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.loc.gov/MARC21/slim http://www.loc.gov/standards/marcxml/schema/MARC21slim.xsd">
  <record>
    <leader>00000cam a22000004b 4500</leader>
    <controlfield tag="001">MAP20230024706</controlfield>
    <controlfield tag="003">MAP</controlfield>
    <controlfield tag="005">20231214124943.0</controlfield>
    <controlfield tag="008">190410s20231123can||||       ||| ||eng d</controlfield>
    <datafield tag="040" ind1=" " ind2=" ">
      <subfield code="a">MAP</subfield>
      <subfield code="b">spa</subfield>
      <subfield code="d">MAP</subfield>
    </datafield>
    <datafield tag="084" ind1=" " ind2=" ">
      <subfield code="a">921.91</subfield>
    </datafield>
    <datafield tag="100" ind1="1" ind2=" ">
      <subfield code="0">MAPA20230009802</subfield>
      <subfield code="a">Manzano, Pablo</subfield>
    </datafield>
    <datafield tag="245" ind1="1" ind2="0">
      <subfield code="a">Spanish banks report strong results in Q3 2023; but NII is close to peak and further uncertainty expected</subfield>
      <subfield code="c">Pablo Manzano, Sena Ozyapi and Elisabeth Rudman</subfield>
    </datafield>
    <datafield tag="260" ind1=" " ind2=" ">
      <subfield code="a">Toronto [etc.]</subfield>
      <subfield code="b">DBRS</subfield>
      <subfield code="c">2023</subfield>
    </datafield>
    <datafield tag="300" ind1=" " ind2=" ">
      <subfield code="a">7 p.</subfield>
    </datafield>
    <datafield tag="520" ind1=" " ind2=" ">
      <subfield code="a">The Spanish insurance industry plays a significant role in the country's financial landscape, with insurance premiums accounting for approximately 5% of the Spanish GDP and serving as a crucial pillar of stability and protection for individuals and businesses. With gross premiums reaching approximately EUR 57 billion in the first nine months of 2023, we believe the size of the Spanish insurance industry will exceed pre-pandemic levels by the end of the year and continue its upward trend to more than EUR 80 billion in the next five years. Exhibit 1 shows the evolution of Spain's direct insurance premiums since 2013</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20080538217</subfield>
      <subfield code="a">Banca</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20080546915</subfield>
      <subfield code="a">Economía</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20210011863</subfield>
      <subfield code="a">Resultados</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20080578527</subfield>
      <subfield code="a">Tipos de interés</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20080546694</subfield>
      <subfield code="a">Créditos</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20210011108</subfield>
      <subfield code="a">Riesgo</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20080563974</subfield>
      <subfield code="a">Rentabilidad</subfield>
    </datafield>
    <datafield tag="651" ind1=" " ind2="1">
      <subfield code="0">MAPA20080637736</subfield>
      <subfield code="a">España</subfield>
    </datafield>
    <datafield tag="700" ind1="1" ind2=" ">
      <subfield code="0">MAPA20230009819</subfield>
      <subfield code="a">Ozyapi, Sena </subfield>
    </datafield>
    <datafield tag="700" ind1="1" ind2=" ">
      <subfield code="0">MAPA20230009789</subfield>
      <subfield code="a">Rudman, Elisabeth </subfield>
    </datafield>
    <datafield tag="710" ind1="2" ind2=" ">
      <subfield code="0">MAPA20190004305</subfield>
      <subfield code="a">DBRS</subfield>
    </datafield>
    <datafield tag="856" ind1=" " ind2=" ">
      <subfield code="u">https://www.dbrsmorningstar.com/research/424290/spanish-banks-report-strong-results-in-q3-2023-but-nii-is-close-to-peak-and-further-uncertainty-expected</subfield>
    </datafield>
    <datafield tag="856" ind1="0" ind2="0">
      <subfield code="y">MÁS INFORMACIÓN</subfield>
      <subfield code="u">
mailto:centrodocumentacion@fundacionmapfre.org?subject=Consulta%20de%20una%20publicaci%C3%B3n%20&body=Necesito%20m%C3%A1s%20informaci%C3%B3n%20sobre%20este%20documento%3A%20%0A%0A%5Banote%20aqu%C3%AD%20el%20titulo%20completo%20del%20documento%20del%20que%20desea%20informaci%C3%B3n%20y%20nos%20pondremos%20en%20contacto%20con%20usted%5D%20%0A%0AGracias%20%0A
</subfield>
    </datafield>
  </record>
</collection>