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    <channel>
        <title>Annual reports - NEWS BBVA</title>
        <atom:link href="https://www.bbva.com/en/economy-and-finance/corporate-information/annual-reports/feed/" rel="self" type="application/rss+xml" />
        <link>https://www.bbva.com/en/</link>
        <description>NEWS BBVA</description>
        <lastBuildDate>Sat, 13 Dec 2025 13:31:47 +0100</lastBuildDate>
        <language>en-US</language>
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                    <title>Garanti BBVA contributes over 400 billion Turkish lira to the economy, including loans</title>
                    <link>https://www.bbva.com/en/garanti-bbva-contributes-over-400-billion-turkish-lira-to-the-economy-including-loans/</link>
                    <pubDate>Wed, 28 Oct 2020 00:10:05 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[E056849]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Annual accounts]]>
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                                <![CDATA[Annual reports]]>
                            </category>
                                                    <category>
                                <![CDATA[Communication]]>
                            </category>
                                                    <category>
                                <![CDATA[Earnings]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?p=798977</guid>
                                            <description>
                            <![CDATA[Türkiye Garanti Bankası A.Ş., recently reported its financial results as of September 30, 2020. Based on the consolidated financials, the bank’s net income in the first nine months of the year was 5.24 billion Turkish lira. Assets totaled 525.91 billion Turkish lira, and the bank’s contribution to the economy through cash and non-cash loans was 400.38 billion Turkish lira. Deposits continued to be the main source of funding, as 66 percent of assets were funded via deposits.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[Türkiye Garanti Bankası A.Ş., recently reported its financial results as of September 30, 2020. Based on the consolidated financials, the bank’s net income in the first nine months of the year was 5.24 billion Turkish lira. Assets totaled 525.91 billion Turkish lira, and the bank’s contribution to the economy through cash and non-cash loans was 400.38 billion Turkish lira. Deposits continued to be the main source of funding, as 66 percent of assets were funded via deposits.]]>
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                    <title>Positive jaws: What are they?</title>
                    <link>https://www.bbva.com/en/positive-jaws-what-are-they/</link>
                    <pubDate>Mon, 28 Oct 2019 02:43:54 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[Carmen Álvarez]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Annual accounts]]>
                            </category>
                                                    <category>
                                <![CDATA[Annual reports]]>
                            </category>
                                                    <category>
                                <![CDATA[Banking]]>
                            </category>
                                                    <category>
                                <![CDATA[Financial education]]>
                            </category>
                                                    <category>
                                <![CDATA[Trading account]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/en/?p=327171</guid>
                                            <description>
                            <![CDATA[With earnings season in the banking sector underway, it may be the right time to take a look at some of the most commonly used, but more frequently misunderstood, financial terms. One of these terms is the expression '<strong>positive jaws</strong>,' which has been used, for example, by BBVA CEO <strong>Onur Genç</strong> during the quarterly results presentations.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[With earnings season in the banking sector underway, it may be the right time to take a look at some of the most commonly used, but more frequently misunderstood, financial terms. One of these terms is the expression '<strong>positive jaws</strong>,' which has been used, for example, by BBVA CEO <strong>Onur Genç</strong> during the quarterly results presentations.]]>
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                    <title>BBVA releases its annual compensation report for board members</title>
                    <link>https://www.bbva.com/en/bbva-releases-its-annual-compensation-report-for-board-members/</link>
                    <pubDate>Wed, 13 Feb 2019 09:37:18 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[Blanca González del Fresno]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Annual reports]]>
                            </category>
                                                    <category>
                                <![CDATA[Corporate governance]]>
                            </category>
                                                    <category>
                                <![CDATA[Corporate information]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?p=607443</guid>
                                            <description>
                            <![CDATA[BBVA published its annual compensation report for Board members today, which details how compensation is tied to the bank’s results. The Board also approved a new compensation policy for Board Members for 2019-2021. Both documents will be presented at the Annual General Meeting on March 15, 2019.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[BBVA published its annual compensation report for Board members today, which details how compensation is tied to the bank’s results. The Board also approved a new compensation policy for Board Members for 2019-2021. Both documents will be presented at the Annual General Meeting on March 15, 2019.]]>
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                    <title>Garanti’s contribution to the economy  totals 311 billion Turkish lira in 2018</title>
                    <link>https://www.bbva.com/en/garantis-contribution-to-the-economy-totals-311-billion-turkish-lira/</link>
                    <pubDate>Fri, 01 Feb 2019 15:40:19 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[Blanca González del Fresno]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Annual reports]]>
                            </category>
                                                    <category>
                                <![CDATA[BBVA world]]>
                            </category>
                                                    <category>
                                <![CDATA[Earnings]]>
                            </category>
                                                    <category>
                                <![CDATA[Trading account]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?p=604936</guid>
                                            <description>
                            <![CDATA[Garanti Bank released its earnings for 2018. Based on its consolidated financials, Garanti’s assets were valued at slightly more than TL 399 billion, and its contribution to the economy through performing cash and non-cash loans totaled just over TL 311 billion. The bank achieved an ROAE (Return on Average Equity) of 15.0 percent and a ROAA (Return on Average Assets) of 1.7 percent.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[Garanti Bank released its earnings for 2018. Based on its consolidated financials, Garanti’s assets were valued at slightly more than TL 399 billion, and its contribution to the economy through performing cash and non-cash loans totaled just over TL 311 billion. The bank achieved an ROAE (Return on Average Equity) of 15.0 percent and a ROAA (Return on Average Assets) of 1.7 percent.]]>
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                    <title>BBVA publishes its annual compensation report for board members</title>
                    <link>https://www.bbva.com/en/bbva-publishes-its-annual-compensation-report-board-members/</link>
                    <pubDate>Wed, 14 Feb 2018 07:30:07 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[Blanca González del Fresno]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Annual reports]]>
                            </category>
                                                    <category>
                                <![CDATA[Carlos Torres Vila]]>
                            </category>
                                                    <category>
                                <![CDATA[Corporate Governance Report]]>
                            </category>
                                                    <category>
                                <![CDATA[Corporate information]]>
                            </category>
                                                    <category>
                                <![CDATA[Corporate policy]]>
                            </category>
                                                    <category>
                                <![CDATA[Francisco González Rodríguez]]>
                            </category>
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                                <![CDATA[Management staff]]>
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                                                    <category>
                                <![CDATA[Significant events]]>
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                                                                <guid isPermaLink="false">https://www.bbva.com/?p=416651</guid>
                                            <description>
                            <![CDATA[<ul>
 	<li><strong>Good results</strong>: In 2017, the BBVA Group posted a net attributable profit of €3.52 billion (+1.3%). Excluding the accounting adjustment of Telefónica and the capital gains from extraordinary corporate operations, net profit in 2017 was €4.29 billion, up 23.3% from a year earlier. The main drivers behind this result were a positive performance of recurring revenue, cost containment efforts in operating expenses and an effective risk management strategy</li>
 	<li><strong>Group Executive Chairman</strong>: Total remuneration of BBVA Executive Chairman for 2017 was €5.8 million, up 18% from 2016. The Chairman’s variable compensation rose 12% compared to the previous year. The deferred variable remuneration is subject to multi-annual indicators, based on which remuneration can be reduced or taken to zero, never increased. It also includes a Malus clause that could limit or prevent its collection, and clawback clauses intended to reduce or reclaim already paid amounts</li>
 	<li><strong>CEO</strong>: Carlos Torres Vila’s total remuneration was €4.9 million in 2017. HIs variable compensation is also subject to the same deferral period and conditions as that of the Chairman</li>
</ul>]]>
                        </description>
                        <content:encoded>
                            <![CDATA[<ul>
 	<li><strong>Good results</strong>: In 2017, the BBVA Group posted a net attributable profit of €3.52 billion (+1.3%). Excluding the accounting adjustment of Telefónica and the capital gains from extraordinary corporate operations, net profit in 2017 was €4.29 billion, up 23.3% from a year earlier. The main drivers behind this result were a positive performance of recurring revenue, cost containment efforts in operating expenses and an effective risk management strategy</li>
 	<li><strong>Group Executive Chairman</strong>: Total remuneration of BBVA Executive Chairman for 2017 was €5.8 million, up 18% from 2016. The Chairman’s variable compensation rose 12% compared to the previous year. The deferred variable remuneration is subject to multi-annual indicators, based on which remuneration can be reduced or taken to zero, never increased. It also includes a Malus clause that could limit or prevent its collection, and clawback clauses intended to reduce or reclaim already paid amounts</li>
 	<li><strong>CEO</strong>: Carlos Torres Vila’s total remuneration was €4.9 million in 2017. HIs variable compensation is also subject to the same deferral period and conditions as that of the Chairman</li>
</ul>]]>
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                                <item>
                    <title>Brexit and fintech, in the ECB’s supervisory agenda</title>
                    <link>https://www.bbva.com/en/brexit-fintech-ecbs-supervisory-agenda/</link>
                    <pubDate>Fri, 24 Mar 2017 13:45:18 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[Carmen Álvarez]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Annual reports]]>
                            </category>
                                                    <category>
                                <![CDATA[Balance sheet]]>
                            </category>
                                                    <category>
                                <![CDATA[Banking]]>
                            </category>
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                                <![CDATA[Central banks]]>
                            </category>
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                                <![CDATA[Financial regulations]]>
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                                                    <category>
                                <![CDATA[Financial system]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/en/?p=324440</guid>
                                            <description>
                            <![CDATA[The ECB has published its <a href="https://www.bankingsupervision.europa.eu/ecb/pub/pdf/ssmar2016.es.pdf" target="_blank" rel="noopener">annual report</a> on the supervisory activities appointed to it by the Single Supervisory Mechanism. Key achievements in 2016: effectively addressing the non-performing loan (NPL) issue, the improvement the solvency of the euro area banking sector and the further harmonisation of banking supervision in the euro area. In the spotlight for 2017: new challenges, like the new scenario for European banks after <a href="https://www.bbva.com/en/news/economy/macroeconomics/central-banks/lehman-brexit-role-central-banks/">Brexit</a> and <a href="https://www.bbva.com/en/news/economy/financial-and-commercial-services/fintech/ten-key-fintech-terms/">fintech</a>-related risks.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[The ECB has published its <a href="https://www.bankingsupervision.europa.eu/ecb/pub/pdf/ssmar2016.es.pdf" target="_blank" rel="noopener">annual report</a> on the supervisory activities appointed to it by the Single Supervisory Mechanism. Key achievements in 2016: effectively addressing the non-performing loan (NPL) issue, the improvement the solvency of the euro area banking sector and the further harmonisation of banking supervision in the euro area. In the spotlight for 2017: new challenges, like the new scenario for European banks after <a href="https://www.bbva.com/en/news/economy/macroeconomics/central-banks/lehman-brexit-role-central-banks/">Brexit</a> and <a href="https://www.bbva.com/en/news/economy/financial-and-commercial-services/fintech/ten-key-fintech-terms/">fintech</a>-related risks.]]>
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                    <title>BBVA publishes the report 'BBVA in 2016'</title>
                    <link>https://www.bbva.com/en/bbva-publishes-report-bbva-2016/</link>
                    <pubDate>Tue, 21 Mar 2017 05:42:46 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[Blanca González del Fresno]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Annual accounts]]>
                            </category>
                                                    <category>
                                <![CDATA[Annual reports]]>
                            </category>
                                                    <category>
                                <![CDATA[Banking]]>
                            </category>
                                                    <category>
                                <![CDATA[Corporate communication]]>
                            </category>
                                                    <category>
                                <![CDATA[Corporate governance]]>
                            </category>
                                                    <category>
                                <![CDATA[Corporate information]]>
                            </category>
                                                    <category>
                                <![CDATA[Economy]]>
                            </category>
                                                    <category>
                                <![CDATA[Financial system]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/en/?p=323485</guid>
                                            <description>
                            <![CDATA[After the approval of last year’s financial statements in the Annual General Meeting, BBVA is releasing the most relevant information of the year in its report, <a href="http://shareholdersandinvestors.bbva.com/TLBB/micros/bbvain2016/en/index.html?utm_source=infofinancieraENG#" target="_blank" rel="noopener noreferrer"><em>BBVA in 2016</em></a>. The report offers a clear and intuitive overview of the Group’s strategy and performance highlights in 2016, with a special focus on the most relevant issues for BBVA’s stakeholders.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[After the approval of last year’s financial statements in the Annual General Meeting, BBVA is releasing the most relevant information of the year in its report, <a href="http://shareholdersandinvestors.bbva.com/TLBB/micros/bbvain2016/en/index.html?utm_source=infofinancieraENG#" target="_blank" rel="noopener noreferrer"><em>BBVA in 2016</em></a>. The report offers a clear and intuitive overview of the Group’s strategy and performance highlights in 2016, with a special focus on the most relevant issues for BBVA’s stakeholders.]]>
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                    <title>BBVA proposes new compensation policy for executive board members</title>
                    <link>https://www.bbva.com/en/bbva-proposes-new-compensation-policy-executive-board-members/</link>
                    <pubDate>Tue, 14 Feb 2017 08:50:38 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[Blanca González del Fresno]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Annual reports]]>
                            </category>
                                                    <category>
                                <![CDATA[Board of directors]]>
                            </category>
                                                    <category>
                                <![CDATA[Carlos Torres Vila]]>
                            </category>
                                                    <category>
                                <![CDATA[Corporate governance]]>
                            </category>
                                                    <category>
                                <![CDATA[Corporate information]]>
                            </category>
                                                    <category>
                                <![CDATA[Francisco González Rodríguez]]>
                            </category>
                                                    <category>
                                <![CDATA[Management staff]]>
                            </category>
                                                    <category>
                                <![CDATA[Press release]]>
                            </category>
                                                    <category>
                                <![CDATA[Salaries and pensions]]>
                            </category>
                                                    <category>
                                <![CDATA[Top Management Team]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/en/?p=319940</guid>
                                            <description>
                            <![CDATA[<ul>
 	<li><strong>Changes</strong>: The new executive director compensation policy for the next three years envisages 1) an increase in the amounts to be deferred and the deferral period for the variable compensation. 60% of the variable compensation will be subject to a 5-year deferral period; 2) share-based remuneration increase: 60% of the deferred amount to be paid in BBVA shares, the remaining 40% in cash; and 3) variable compensation to be subject to reduction and clawback clauses</li>
 	<li><strong>Group Executive Chairman</strong>: Total remuneration of BBVA’s Group Executive Chairman for 2016 was €4.9 million, down 12% from 2015. The Chairman’s variable compensation dropped 18% with respect to 2015, mainly as a result of the impact on BBVA Group’s profit of the provision related to ‘floor clauses’ in Spain and exchange rate trends. The deferred variable remuneration is subject to the retribution policy in force in 2016, with multi-annual indicators based on which said remuneration can be reduced or even taken to zero, never increased, as well as malus clauses that could limit or even prevent its collection</li>
 	<li><strong>Chief Executive Officer</strong>: CEO Carlos Torres Vila’s remuneration was €4.4 million, and his variable remuneration is also subject to the same deferral period and conditions as that of the Chairman</li>
</ul>
The Board of Directors has approved a new Executive Director compensation policy for 2017, 2018 and 2019 to adapt to the new regulation related to compensation (Bank of Spain Circular 2/2016 and the European Banking Authority’s guidelines on sound adequate remuneration policies.) This new policy will be submitted for approval in the upcoming Annual General Meeting, on March 17.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[<ul>
 	<li><strong>Changes</strong>: The new executive director compensation policy for the next three years envisages 1) an increase in the amounts to be deferred and the deferral period for the variable compensation. 60% of the variable compensation will be subject to a 5-year deferral period; 2) share-based remuneration increase: 60% of the deferred amount to be paid in BBVA shares, the remaining 40% in cash; and 3) variable compensation to be subject to reduction and clawback clauses</li>
 	<li><strong>Group Executive Chairman</strong>: Total remuneration of BBVA’s Group Executive Chairman for 2016 was €4.9 million, down 12% from 2015. The Chairman’s variable compensation dropped 18% with respect to 2015, mainly as a result of the impact on BBVA Group’s profit of the provision related to ‘floor clauses’ in Spain and exchange rate trends. The deferred variable remuneration is subject to the retribution policy in force in 2016, with multi-annual indicators based on which said remuneration can be reduced or even taken to zero, never increased, as well as malus clauses that could limit or even prevent its collection</li>
 	<li><strong>Chief Executive Officer</strong>: CEO Carlos Torres Vila’s remuneration was €4.4 million, and his variable remuneration is also subject to the same deferral period and conditions as that of the Chairman</li>
</ul>
The Board of Directors has approved a new Executive Director compensation policy for 2017, 2018 and 2019 to adapt to the new regulation related to compensation (Bank of Spain Circular 2/2016 and the European Banking Authority’s guidelines on sound adequate remuneration policies.) This new policy will be submitted for approval in the upcoming Annual General Meeting, on March 17.]]>
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                    <title>Francisco González: “BBVA aims to be one of the digital leaders in the new league of competitors that is now forming”</title>
                    <link>https://www.bbva.com/en/francisco-gonzalez-bbva-aims-one-digital-leaders-new-league-competitors-now-forming/</link>
                    <pubDate>Wed, 01 Feb 2017 06:22:55 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[No utilizar]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Annual accounts]]>
                            </category>
                                                    <category>
                                <![CDATA[Annual reports]]>
                            </category>
                                                    <category>
                                <![CDATA[Corporate communication]]>
                            </category>
                                                    <category>
                                <![CDATA[Corporate governance]]>
                            </category>
                                                    <category>
                                <![CDATA[Corporate information]]>
                            </category>
                                                    <category>
                                <![CDATA[Current news]]>
                            </category>
                                                    <category>
                                <![CDATA[Francisco González Rodríguez]]>
                            </category>
                                                    <category>
                                <![CDATA[Institutional communication]]>
                            </category>
                                                    <category>
                                <![CDATA[Press release]]>
                            </category>
                                                    <category>
                                <![CDATA[Significant events]]>
                            </category>
                                                    <category>
                                <![CDATA[Trading account]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/en/?p=318699</guid>
                                            <description>
                            <![CDATA[Following the publication of the Group’s 2016 annual results, BBVA Executive Chairman Francisco González said today that the most important thing is that BBVA has made tremendous progress in its transformation journey, which consists of achieving six Strategic Priorities. ]]>
                        </description>
                        <content:encoded>
                            <![CDATA[Following the publication of the Group’s 2016 annual results, BBVA Executive Chairman Francisco González said today that the most important thing is that BBVA has made tremendous progress in its transformation journey, which consists of achieving six Strategic Priorities. ]]>
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                    <title>BBVA Global Markets Research publishes its strategic Equity Report 2017</title>
                    <link>https://www.bbva.com/en/bbva-global-markets-research-publishes-strategic-equity-report-2017/</link>
                    <pubDate>Tue, 24 Jan 2017 10:22:16 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[elisabet.furioc]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Analysis and opinion]]>
                            </category>
                                                    <category>
                                <![CDATA[Annual reports]]>
                            </category>
                                                    <category>
                                <![CDATA[Economic analysis]]>
                            </category>
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                                <![CDATA[Economic sectors]]>
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                                <![CDATA[Financial reports]]>
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                                <![CDATA[Financial scenarios]]>
                            </category>
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                                <![CDATA[Financial system]]>
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                                <![CDATA[Geostrategy]]>
                            </category>
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                                <![CDATA[Global market research]]>
                            </category>
                                                    <category>
                                <![CDATA[Global markets]]>
                            </category>
                                                    <category>
                                <![CDATA[Macroeconomics analysis]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/en/?p=317885</guid>
                                            <description>
                            <![CDATA[The <strong>BBVA Global Markets Research</strong> team presented the conclusions of its 2017 strategic equity report. According to BBVA analysts, the positive cyclical momentum is set to continue, with the metal &amp; mining, oil &amp; gas, construction materials, healthcare and telecommunications sectors becoming the best performing industries in Europe. In Spain, the Real Estate sector is expected to be the most dynamic in 2017.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[The <strong>BBVA Global Markets Research</strong> team presented the conclusions of its 2017 strategic equity report. According to BBVA analysts, the positive cyclical momentum is set to continue, with the metal &amp; mining, oil &amp; gas, construction materials, healthcare and telecommunications sectors becoming the best performing industries in Europe. In Spain, the Real Estate sector is expected to be the most dynamic in 2017.]]>
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