CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Open platformOpen platform

Higher Inflation And Rates Are Having Impact On Asset Quality In Turkey, BBVA CEO Says

By Reuters News

Oct 29 (Reuters) - Chief Executive Officer of BBVA BBVA.MC Onur Genç:

  • HIGHER INFLATION AND HIGHER INTEREST RATES ARE HAVING IMPACT ON ASSET QUALITY IN TURKEY

  • HIGHER COSTS OF DEPOSITS IN SPAIN COME MAINLY FROM WHOLESALE DEPOSITS, DOES NOT SEE PRESSURE FROM RETAIL CLIENTS

  • BANK IS VERY POSITIVE ON MEXICO, MOST LIKELY IT WILL BEAT GUIDANCE OF 10% IN LOAN GROWTH IN 2026

  • BANK EXPECTS ROTE TO FURTHER IMPROVE IN 2027 AND 2028

  • BANK EXPECTS VERY ROBUST LOAN GROWTH IN SPAIN GOING FORWARD

  • BANK IS VERY POSITIVE FOR FUTURE NET INTEREST INCOME IN SPAIN

  • BBVA CFO GONZALO RODRIGUEZ: BANK REMAINS ON TRACK TO MEET FULL-YEAR GUIDANCE IN MEXICO


Further company coverage: BBVA.MC

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.