Spanish bank BBVA reports higher profits
Spain's BBVA bank has reported a full year net profit of 4.6bn euros (£3.9bn; $6.3bn), a 9.4% rise on the previous year.
It comes as many of Spain's regional savings banks are struggling to survive, weighed down by the property crash, deep austerity cuts and a weak economy.
The problems at home forced BBVA and rival Santander, which reports on Thursday, to look further afield to boost growth.
Nigel Cassidy reports from Spain.