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Thursday, October 22, 2026English edition
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The Geopolitician

Country risk, from the local press

Spain · Country watch

Bankinter Profits Rise, Tubos Reunidos Faces Setback

Bankinter reports an 11% profit increase, while Tubos Reunidos investors face uncertainty after SEPI's withdrawal.

· · 9 sources

The picture Mixed How this is judged →

Business conditions in Spain are mixed today. Bankinter's profit growth signals strength in finance, while Tubos Reunidos faces challenges after SEPI's withdrawal. A university strike highlights ongoing unrest.

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In this briefing Spanish universities · Bankinter · Tubos Reunidos · Sociedad Estatal de Participaciones Industriales

Regulation

Nothing significant reported today.

Disruption

Nothing significant reported today.

Internal tension

  • Public sector

University strike called over funding and security

people in front of brown building during daytime
Olu Famule / Unsplash

Educational platforms in Spain have called for a university strike, citing underfunding and the increased presence of private security and police actions on campuses, according to Madrid Actual. The organizers of the strike are protesting what they see as inadequate financial support for universities, which they argue is affecting the quality of education and campus safety.

Impact University administrators and students face disruptions as protests highlight funding and security issues.

Sources: Madrid Actual ↗

Safety & health

Nothing significant reported today.

Companies

  • Finance

Bankinter's profits rise 11% to €901 million

View of Bankinter headquarters at 29 Paseo de la Castellana (avenue) in Madrid (Spain). Building was designed in 1973 by Rafael Moneo and Ra
View of Bankinter headquarters at 29 Paseo de la Castellana (avenue) in Madrid (Spain). Building was designed in 1973 by Rafael Moneo and Ra Luis García, CC BY-SA 3.0 es via Wikimedia Commons

Bankinter reported a net profit of €901 million for the first nine months of 2026, marking an 11% increase from the previous year, according to Invertia.com. The bank's net interest margin grew by 5.7% to €1.762 billion, while net commissions rose by 12.9%. The bank also noted a decrease in its non-performing loan ratio to 1.84%. Bankinter attributed these gains to increased business volumes and effective management of interest rate spreads.

Impact Lenders and investors in Bankinter see improved financial performance and reduced credit risk.

Sources: elcorreo.com ↗, Invertia.com ↗, La Razon ↗

  • Manufacturing

SEPI withdrawal impacts Tubos Reunidos investors

Investors in Tubos Reunidos face uncertainty after the Sociedad Estatal de Participaciones Industriales (SEPI) decided not to participate in the company's restructuring process, elcorreo.com reports. The Basque government is seeking alternative solutions as the European Union's report on the matter came as a surprise to bidders. Tubos Reunidos, a key player in the steel tube manufacturing sector, is now left to explore other avenues to secure its financial future.

Impact Investors in Tubos Reunidos face increased uncertainty following SEPI's withdrawal from the restructuring process.

Sources: elcorreo.com ↗

Markets

Nothing significant reported today.

Trade

Nothing significant reported today.

Politics

Nothing significant reported today.

Also today in Spain

Sources in this briefing

Sources: each headline links to the original article on the publisher's site.

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