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BANKINTER increases dividend by 8.5 percent.


MADRID--(BUSINESS WIRE)--Dec. 21, 1995--BANKINTER, S.A. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
 Bulletin Board Symbol BKISY) announced today that the Bank will pay a third interim dividend from 1995 profits of Pesetas 128(a) per share (gross) or Pesetas 96 per share (net).

The dividend will be paid to shareholders on January January: see month.  13, 1996.

The dividend represents an 8.47 percent increase over the third dividend paid against 1994 earnings. The total of the first three dividends paid from 1995 earnings of BANKINTER Bankinter, S.A., (BME:BKT) (Banco Intercontinental EspaƱol) is a Spanish commercial bank founded in 1965 as a joint venture between Banco Santander and Bank of America, neither of which is currently an owner.  will be Pesetas 250 when the third dividend is paid. The Bank will declare and pay a fourth and final dividend from 1995 earnings next April.

BANKINTER is one of the largest publicly-held banks in Spain and one of the most profitable. Its shares are traded in the U.S. in the form of American Depositary Receipts American Depositary Receipt (ADR)

Certificates issued by a US depository bank, representing foreign shares held by the bank, usually by a branch or correspondent in the country of issue.
 (ADRs) and it has paid dividends continuously since 1973.

(a) On December 21, 1995, Pesetas 122.05 were equal to US$ 1.00.

CONTACT: BANKINTER S.A., Madrid

Alfonso Alfaro, 011 341 339 7561

or

Wattel/Della Corte, Inc., New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 

Jerome Wattel, 212/599-2369
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 21, 1995
Words:182
Previous Article:The Hibernia Savings Bank announces increase in quarterly dividend.
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