Madrid, 25 January 2017. Banco Santander generated attributable profit of €6,204 million during the year, an increase of 4% compared to 2015, with strong growth in fee income and improvements in credit quality, partially offset by the weakening of certain currencies against the Euro and an increase in tax in both Poland and U.K.  Excluding one off items and currency movements, underlying profit before tax increased by 12%.

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