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Santander Begins the Biggest Monetary Share Capital Increase Operation in Spain.

Monday, December 1st, 2008

The biggest share capital increase operation in the history of the Spanish Stock Market is underway. Santander will issue new shares to the value of 7,200m€ which will be quoted on the Stock Market from the 4th December. The dilution effect of the operation on the earnings per share is not to the market’s liking [...]

Software For The Most Advanced Japanese Robot Will Be Programmed By Spain

Friday, November 28th, 2008

The most sophisticated humanoid robot in the world, which physically resembles a human being, and is designed in Japan, will hone its skills in Spain. The University has announced it will be programmed by experts from the Robotics Lab of the Carlos III University in Madrid to look after sick and disabled patients or move [...]

Spanish Businesses – The Most Ecological in Europe

Wednesday, November 26th, 2008

For the third year running, Spain leads the European table for the supreme award in ecological certification.
The ISO 14001 continues to be the seal of approval which assures company policy on commitment to the environment. There were no big surprises for Spain in this year’s annual list, published last week by The International Standards Organization [...]

Government offers banks 100 billions euro safeguard this year

Tuesday, October 14th, 2008

New shock treatment to reactivate financial activity. The government will back bank bonds and promissory notes until year’s end for up to 100 billions euros. Likewise, an agreement has been reached – a “preventive” measure – whereby the government will buy up recapitalized bank shares.
The Spanish executive put the decisions adopted on Sunday by the [...]

Caja Madrid sparks off another deposit war with new 6.5% APR Deposit

Wednesday, September 17th, 2008

Caja Madrid has launched a new deposit, called “Barrilete Cósmico” which offers 6.5% APR interest over twelve months, advanced interest payments and the opportunity for both current clients at the bank who deposit cash from other banks and new clients to sign up, according to statements issued by the savings bank today.
The deposit takes its [...]

Banco Santander to close deal on its purchase of Alliance & Leicester on the 10th October

Friday, August 22nd, 2008

On the 10th October the Banco Santander will finalise its tof the Alliance & Leicester bank for 1,575 million euros according to the bid brochure which was sent today to the British supervisory body.

The bid was announced on the 14th July and should be approved by shareholders of the British bank at the shareholders [...]