{
  "id": 11544908,
  "title": "Santander, BBVA, CaixaBank and Sabadell turn credit into their engine",
  "url": "https://urgent.news/2026/10/02/santander-bbva-caixabank-y-sabadell-convierten-el-credito-en-su-motor",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-02T21:59:21.000Z",
  "source": {
    "name": "Expansion ES",
    "slug": "expansion-es",
    "url": "https://www.expansion.com/empresas/banca/2026/10/02/6a96c011468aebfa048b4598.html"
  },
  "original_language": "es",
  "account": "Spanish banks Santander, BBVA, CaixaBank, and Sabadell have reported record profits for the first half of 2026, despite the challenging interest rate environment. They have reduced their dependence on interest rates and instead focused on commercial activity, which has driven growth. CaixaBank's business volume, which includes loans and client resources, grew by 7.8% in the first half, exceeding initial forecasts. The banks' strategy, learned from a decade of low interest rates from 2012 to 2022, has allowed them to capitalize on the current economic growth in Spain and increasing population.",
  "summary": "Entities have prepared themselves to take advantage of economic upswings and are reducing their dependence on interest rates thanks to strong commercial activity.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}