| Western European regional Awards for Excellence | ||
| Austria | Belgium | Cyprus |
| France | Germany | Greece |
| Ireland | Italy | Luxembourg |
| Netherlands | Portugal | Spain |
| Switzerland | United Kingdom | |
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Best bank: Banesto Best investment bank: UBS |
The bank with the best story to tell in Spain over the past year is Banesto, a member of the Santander family.
Although there is little to distinguish between Spain’s two top-tier banks, Santander and BBVA, in the second tier of mid-sized banks beneath them, Banesto stands out for its superior growth and control. Banesto’s net operating income growth is more than double its nearest mid-tier rival, Banco Popular, and the bank leads its peers across a number of metrics including net income growth, and growth in customer funds.
In SME banking, Banesto has managed to increase gross revenues by close to 20%, despite the difficult economic backdrop.
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