Unicaja and Sabadell, the banks most exposed in a deposit war
JPMorgan Y UBS detectan presión en el mercado/ Bankinter y CaixaBank tienen una protección algo superior mientras que BBVA y Santander pueden ver la batalla desde la barrera. Leer
JPMorgan and UBS have detected pressure in the Spanish deposit market, with Unicaja and Sabadell being the most exposed. Bankinter and CaixaBank have a higher protection level, while BBVA and Santander are less affected. According to UBS, if the rate of remunerated deposits increases by one percentage point, the profit per share of Spanish banks will decrease by 1-2% next year, with Unicaja being the most affected. UBS warns that the impact can worsen if changes in deposit composition accelerate.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
