for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

CORRECTED-Santander books record annual loss of 8.77 bln euros, Q4 net profit falls 90%

(Corrects to show Q4 net profit fell 90%, not 84%)

MADRID, Feb 3 (Reuters) - Spain’s Santander on Wednesday said its fourth-quarter net profit fell 90% against the same quarter a year ago due to restructuring costs and higher provisions to weather the impact of the COVID-19 pandemic, which triggered a first ever annual loss of 8.77 billion euros. (Reporting by Jesús Aguado; editing by Inti Landauro)

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up