CAIXABANK (ES:CABK) has released an update.
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CaixaBank reported a significant 16.1% increase in net profit, reaching 4,248 million euros by September 2024, driven by robust commercial activity and financial strength. The bank’s positive performance is further highlighted by a 20% rise in new credit production and an improved efficiency ratio of 39.2%, underscoring its leadership in the Spanish market. Additionally, CaixaBank’s strategic focus on sustainable growth and financial inclusion has contributed to its expanded customer base and increased market share.
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