17 Mar 2017
Francisco González Rodríguez
Francisco González: ''The delivery of products and solutions is going to be explosive in the coming years''
A few minutes before BBVA’s Annual General Meeting, held today in Bilbao, Francisco González met with reporters and shared his insights into BBVA’s evolution in 2016. He also pondered the economic situation, and analyzed the role of Spain in the global context.
15 Feb 2017
It is the concept in vogue among startups. All of them are trying, with greater or less success, to get money from investors, and a funding round is precisely one of the ways to do this.
27 Oct 2016
Following the publication of the third quarter results, BBVA CEO Carlos Torres Vila said today that the Group hit an important milestone in capital generation: a CET1 fully-loaded capital ratio of 11%, a goal originally set for 2017. “We have had solid growth in recurring revenues, cost control and stability in risk indicators,” he indicated prior to the press conference with Spanish media.
-Income: Positive trends in recurring revenues (NII plus fees and commissions) continued between January and September, boosting gross income to €18.43 billion (+5.1% y-o-y)
-Risks: The Group's NPL ratio remained stable and stood at 5.1% at the end of September, the same level as in December 2012, while the coverage ratio was 72%
-Capital: BBVA achieved its 2017 capital goal ahead of schedule. The fully-loaded CET1 ratio stood at 11%, with a capital generation of 29 basis points in the quarter
-Transformation: BBVA’s digital customer base stood at 17.2 million (+20% in the past year). Of these, 11 million are mobile customers (+41%)
The BBVA Group earned €2.8 billion between January and September 2016, up 64.3% from the same period a year earlier. Stripping out the impact of corporate operations and currency fluctuations, growth reached 15.0%. Net attributable profit rose to €965 million in the third quarter.