Santander Brasil has growth of 2.2% in the third quarter of 2018 =
It was released on Wednesday morning, October 31, the balance for the third quarter of Santander Brasil. The net profit of the Spanish group operating in Brazil stood at 2.2%, compared to the previous quarter, with a value of 3,039 billion reais. In addition to 2018, Santander Brasil posted a 60.6% increase in net income compared to 2017, with an amount of 8,831 billion reais. While the multinational's managerial profit on Brazilian soil was 3,108 billion reais in the quarter. In its global operation, the Spanish financial institution announced that the third quarter of 2018 represented a 36% increase. Value achieved mainly by the positive results coming from Spain, Mexico and Brazil, countries where their performance is greater. The group's profit surpassed what was pointed out by specialist, reaching 1.99 billion euros. Earlier in the week, Itaú Unibanco had already released its data for the week, presenting, as well as Santader Brazil, growth.
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