Banca March doubles its profits

Palma.—Majorca’s Banca March, which was recently named the best private bank in Spain by the British magazine, World Finance, for the fifth consecutive year, they announced that it doubled its profits during the third quarter of this year.
During the first three quarters of this year, the first nine months, the bank posted profits of 111.06 million euros, 108.8 percent more than during the same period last year.
Its investment, management and private baking departments all performed, in particular the latter.