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Finance
Finance
BBVA has a notable presence at the B20 summit being held in Berlin. “Digital finances are making the financial inclusion of SMEs possible,” said BBVA’s Executive Director José Manuel González-Páramo during his presentation on Tuesday. Joining him in the discussion was German Finance Minister Wolfgang Schäuble.
BBVA held in March its 6th annual Public Sector Investors and Issuers Seminar bringing together 60 central banks, sovereign borrowers, supranational institutions, and national agencies for 3-days of discussions on a broad range of investment themes.
Some of the key themes discussed were the impact of unconventional monetary policies on public sector issuers and investors, the challenges facing reserve managers in times of negative interest rates, and the debt management strategies of public sector issuers. The following are four of the most interesting issued discussed.
BBVA Compass has once again partnered with the Houston Dynamo to host the second-annual “The Pitch” small business competition, as part of National Small Business Month.
Market analysts reacted positively to BBVA’s better than expected quarterly results. Their reports underscored the bank’s strong revenues, cost containment and capital generation. In terms of business areas, Mexico and Turkey’s strong performance stood out.
Technology is redefining how we bank – from mobile apps to online account management – we increasingly use digital means to make our money and data work harder for us.
BBVA Compass Bancshares, Inc., a Sunbelt-based bank holding company (BBVA Compass), reported today net income of $121 million for the first quarter of 2017 compared to $89 million earned during the fourth quarter of 2016 and $39 million earned during the first quarter of 2016. Earnings in the quarter represented a 35 percent increase from the prior quarter and a 208 percent increase from year ago levels. Return on average assets and return on average tangible equity (1) for the first quarter of 2017 were 0.56 percent and 6.28 percent, respectively.
BBVA Group obtained a net attributable profit of €1.2 billion between January and March 2017, up 69% compared to the same period a year earlier (+79.2% in constant terms) and the highest of the past seven quarters. Net attributable profit grew across all business areas in y-o-y terms. The solid performance of income, moderation in operating expenses and a drop in impairment losses on financial assets are the main factors that underpinned this growth.
These are the ratios that show up the financial position of a bank. This is a disclosure of BBVA’s ratios calculated as of March 2017.