【loan for blacklisted people】Spain's Caixabank 2018 net profit up 17.8 percent year-on-year
MADRID (Reuters) - Spain's Caixabank posted on Friday a 17.8 percent rise in 2018 net profit from a year earlier,loan for blacklisted people boosted by higher net interest income.
Caixabank, Spain's third largest bank, said net profit reached 1.99 billion euros ($2.28 billion), up from 1.68 billion euros a year earlier.
Net interest income, a measure of earnings on loans minus deposit costs, rose 3.4 percent to 4.91 billion euros.
(Reporting By Axel Bugge; Editing by Paul Day)
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