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        <title>Economy - NEWS BBVA</title>
        <atom:link href="https://www.bbva.com/en/economy/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>
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                                <item>
                    <title>Garanti BBVA's loan portfolio reaches TL 1.6 trillion</title>
                    <link>https://www.bbva.com/en/tr/garanti-bbvas-loan-portfolio-reaches-tl-1-6-trillion/</link>
                    <pubDate>Mon, 29 Jan 2024 23:02:44 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[Patricia Casas]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Corporate information]]>
                            </category>
                                                    <category>
                                <![CDATA[Garanti BBVA]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?p=1022943</guid>
                                            <description>
                            <![CDATA[Garanti BBVA announced its 2023 earnings. The bank’s net income for the year stood at TL 86.91 billion, total assets reached TL 2.20 trillion and the loan portfolio of cash and non-cash loans was TL 1.61 trillion. Deposits remained the main source of funding, representing 73 percent of the bank’s total assets with TL 1.6 trillion. This represents an increase of 77 percent in 2023. Garanti BBVA’s capital adequacy ratio was 16.5 percent,* return on average equity (ROAE) was 44.5 percent and return on average assets (ROAA) was 4.9 percent.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[Garanti BBVA announced its 2023 earnings. The bank’s net income for the year stood at TL 86.91 billion, total assets reached TL 2.20 trillion and the loan portfolio of cash and non-cash loans was TL 1.61 trillion. Deposits remained the main source of funding, representing 73 percent of the bank’s total assets with TL 1.6 trillion. This represents an increase of 77 percent in 2023. Garanti BBVA’s capital adequacy ratio was 16.5 percent,* return on average equity (ROAE) was 44.5 percent and return on average assets (ROAA) was 4.9 percent.]]>
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                    <title>Garanti BBVA CEO takes stock of 2023 and shares priorities for 2024</title>
                    <link>https://www.bbva.com/en/garanti-bbva-ceo-takes-stock-of-2023-and-shares-priorities-for-2024/</link>
                    <pubDate>Fri, 22 Dec 2023 00:55:52 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[Patricia Casas]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Economy]]>
                            </category>
                                                    <category>
                                <![CDATA[Garanti BBVA]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?p=1018880</guid>
                                            <description>
                            <![CDATA[BBVA´s CEO in Türkiye, <a href="https://www.bbva.com/es/biografia/recep-bastug/">Recep Baştuğ</a>, spoke recently to national news outlet Anadolu Agency on the country’s economy, the banking industry, his own bank’s performance in 2023 and what he expects for next year.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[BBVA´s CEO in Türkiye, <a href="https://www.bbva.com/es/biografia/recep-bastug/">Recep Baştuğ</a>, spoke recently to national news outlet Anadolu Agency on the country’s economy, the banking industry, his own bank’s performance in 2023 and what he expects for next year.]]>
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                    <title>Garanti BBVA, among the four most valuable brands in Türkiye</title>
                    <link>https://www.bbva.com/en/garanti-bbva-among-the-four-most-valuable-brands-in-turkiye/</link>
                    <pubDate>Thu, 06 Jul 2023 06:32:00 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[María Prados]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Corporate information]]>
                            </category>
                                                    <category>
                                <![CDATA[Financial markets and monetary economics]]>
                            </category>
                                                    <category>
                                <![CDATA[Garanti BBVA]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?p=988440</guid>
                                            <description>
                            <![CDATA[Brand Finance's 2023 survey also recognized <strong>Garanti BBVA</strong> as Türkiye’s most valuable bank brand.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[Brand Finance's 2023 survey also recognized <strong>Garanti BBVA</strong> as Türkiye’s most valuable bank brand.]]>
                        </content:encoded>
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                    <title>Carlos Torres Vila: “In the last 40 years, credit granted by banks in Spain has raised GDP per capita by 20 percentage points”</title>
                    <link>https://www.bbva.com/en/economy-and-finance/carlos-torres-vila-in-the-last-40-years-credit-granted-by-banks-in-spain-has-raised-gdp-per-capita-by-20-percent/</link>
                    <pubDate>Mon, 19 Jun 2023 09:26:43 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[Miguel Rodríguez Canfranc]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Banking]]>
                            </category>
                                                    <category>
                                <![CDATA[Carlos Torres Vila]]>
                            </category>
                                                    <category>
                                <![CDATA[Economy]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?p=985506</guid>
                                            <description>
                            <![CDATA[The BBVA Chair gave the opening presentation this Monday at the 4<a href="https://www.uimp.es/agenda-link.html?id_actividad=65EV&amp;anyaca=2023-24" target="_blank" rel="noopener noreferrer">0th edition of the APIE Seminar</a> in Santander. Carlos Torres Vila stressed the contribution of the banking sector to Spain’s social and economic progress over the four decades commemorated by the course. He specifically indicated that: “Over the last 40 years, and despite the great economic crisis from a decade ago, credit granted by banks in Spain as part of their main business activity, in other words, channeling deposits toward loans, has added 20 percentage points to GDP per capita,” according to an estimate by BBVA Research. This activity has also had a very positive impact on productivity per hour of work (+31 percent), investment (+27 percent), and private consumption (+11 percent).]]>
                        </description>
                        <content:encoded>
                            <![CDATA[The BBVA Chair gave the opening presentation this Monday at the 4<a href="https://www.uimp.es/agenda-link.html?id_actividad=65EV&amp;anyaca=2023-24" target="_blank" rel="noopener noreferrer">0th edition of the APIE Seminar</a> in Santander. Carlos Torres Vila stressed the contribution of the banking sector to Spain’s social and economic progress over the four decades commemorated by the course. He specifically indicated that: “Over the last 40 years, and despite the great economic crisis from a decade ago, credit granted by banks in Spain as part of their main business activity, in other words, channeling deposits toward loans, has added 20 percentage points to GDP per capita,” according to an estimate by BBVA Research. This activity has also had a very positive impact on productivity per hour of work (+31 percent), investment (+27 percent), and private consumption (+11 percent).]]>
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                                <item>
                    <title>BBVA Research raises its growth forecast for Spain to 2.4 percent in 2023 while lowering its 2024 forecast to 2.1 percent</title>
                    <link>https://www.bbva.com/en/economy-and-finance/bbva-research-raises-its-growth-forecast-for-spain-to-2-4-percent-in-2023-while-lowering-its-2024-forecast-to-2-1-percent/</link>
                    <pubDate>Tue, 13 Jun 2023 11:09:30 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[María Prados]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Economic forecasting]]>
                            </category>
                                                    <category>
                                <![CDATA[Macroeconomics]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?p=996060</guid>
                                            <description>
                            <![CDATA[BBVA Research has raised its forecast for Spain's GDP growth to 2.4 percent in 2023, up from its previous forecast of 1.6 percent in March. According to the latest <a href="https://www.bbvaresearch.com/en/publicaciones/spain-economic-outlook-june-2023/">’Spain Economic Outlook</a>’ paper published on Tuesday, this improvement is explained partly by revisions made by the Spanish statistics office, INE, but also by a surprisingly positive performance in exports, which offsets for slack internal demand. However, the BBVA research unit has lowered its growth forecast for 2024 from 2.6 percent to 2.1 percent, as uncertainty is expected to worsen across the world economy next year.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[BBVA Research has raised its forecast for Spain's GDP growth to 2.4 percent in 2023, up from its previous forecast of 1.6 percent in March. According to the latest <a href="https://www.bbvaresearch.com/en/publicaciones/spain-economic-outlook-june-2023/">’Spain Economic Outlook</a>’ paper published on Tuesday, this improvement is explained partly by revisions made by the Spanish statistics office, INE, but also by a surprisingly positive performance in exports, which offsets for slack internal demand. However, the BBVA research unit has lowered its growth forecast for 2024 from 2.6 percent to 2.1 percent, as uncertainty is expected to worsen across the world economy next year.]]>
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                    <title>Besley, Persson y Tabellini win the Fronteers Award for illuminating the connections between the economic and political worlds</title>
                    <link>https://www.bbva.com/en/besley-persson-y-tabellini-win-the-fronteers-award-for-illuminating-the-connections-between-the-economic-and-political-worlds/</link>
                    <pubDate>Thu, 02 Mar 2023 12:52:01 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[Santiago Romero]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Economy]]>
                            </category>
                                                    <category>
                                <![CDATA[Frontiers of knowledge]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?p=967031</guid>
                                            <description>
                            <![CDATA[The <a href="https://www.frontiersofknowledgeawards-fbbva.es/" target="_blank" rel="noopener noreferrer">BBVA Foundation Frontiers of Knowledge Award</a> in Economics, Finance and Management has gone in this fifteenth edition to Timothy J. Besley (London School of Economics), Torsten Persson (Institute of International Economic Studies, Stockholm University) and Guido Tabellini (Bocconi University,) for “illuminating the connections between the economic and political worlds” and “transforming the field of political economy,” in the words of the committee’s citation.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[The <a href="https://www.frontiersofknowledgeawards-fbbva.es/" target="_blank" rel="noopener noreferrer">BBVA Foundation Frontiers of Knowledge Award</a> in Economics, Finance and Management has gone in this fifteenth edition to Timothy J. Besley (London School of Economics), Torsten Persson (Institute of International Economic Studies, Stockholm University) and Guido Tabellini (Bocconi University,) for “illuminating the connections between the economic and political worlds” and “transforming the field of political economy,” in the words of the committee’s citation.]]>
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                    <title>Onur Genç: “We expect to end the year with 160,000 customers in Italy”</title>
                    <link>https://www.bbva.com/en/economy-and-finance/onur-genc-we-expect-to-end-the-year-with-160000-customers-in-italy/</link>
                    <pubDate>Wed, 30 Nov 2022 14:50:08 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[Miguel Rodríguez Canfranc]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Digital banking]]>
                            </category>
                                                    <category>
                                <![CDATA[Onur Genç]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?p=951003</guid>
                                            <description>
                            <![CDATA[BBVA's CEO, Onur Genç, said Monday that he is very satisfied with the performance of the digital bank's business and customer acquisition in Italy, <a href="https://www.bbva.com/en/bbva-arrives-in-italy-with-a-100-digital-offering/">one year after its launch</a>. “We expect to end the year with 160,000 customers, almost triple the initial forecasts,” he said during his presentation at the XIII Encuentro Financiero Expansión KPMG.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[BBVA's CEO, Onur Genç, said Monday that he is very satisfied with the performance of the digital bank's business and customer acquisition in Italy, <a href="https://www.bbva.com/en/bbva-arrives-in-italy-with-a-100-digital-offering/">one year after its launch</a>. “We expect to end the year with 160,000 customers, almost triple the initial forecasts,” he said during his presentation at the XIII Encuentro Financiero Expansión KPMG.]]>
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                    <title>Garanti BBVA excels in TL lending thanks to its strong capital</title>
                    <link>https://www.bbva.com/en/garanti-bbva-excels-in-tl-lending-thanks-to-its-strong-capital/</link>
                    <pubDate>Thu, 27 Oct 2022 15:42:52 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[Alexandra Rojas Rodríguez]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Corporate information]]>
                            </category>
                                                    <category>
                                <![CDATA[Economy]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?p=943621</guid>
                                            <description>
                            <![CDATA[Türkiye Garanti Bankası A.Ş., reported its results for the first nine months of the year. The bank posted a net income of TL 38.73 billion from January - September 2022, with total assets reaching TL 1.22 trillion and lending amounting to TL 873.29 billion through cash and non-cash loans.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[Türkiye Garanti Bankası A.Ş., reported its results for the first nine months of the year. The bank posted a net income of TL 38.73 billion from January - September 2022, with total assets reaching TL 1.22 trillion and lending amounting to TL 873.29 billion through cash and non-cash loans.]]>
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                                <item>
                    <title>BBVA, the best real estate provider in Latin America, according to Euromoney</title>
                    <link>https://www.bbva.com/en/bbva-the-best-real-estate-provider-in-latin-america-according-to-euromoney/</link>
                    <pubDate>Tue, 27 Sep 2022 07:35:07 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[Alexandra Rojas Rodríguez]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Construction and property]]>
                            </category>
                                                    <category>
                                <![CDATA[Economic sectors]]>
                            </category>
                                                    <category>
                                <![CDATA[Economy]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?p=936607</guid>
                                            <description>
                            <![CDATA[The British publication has once again recognized BBVA as the bank with the best real estate solutions in the region. Furthermore, Euromoney named the Peru and Argentina franchises as finalists in their respective countries, thanks to their home loans.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[The British publication has once again recognized BBVA as the bank with the best real estate solutions in the region. Furthermore, Euromoney named the Peru and Argentina franchises as finalists in their respective countries, thanks to their home loans.]]>
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                    <title>The EIB Group and BBVA agree to mobilize €1.194 billion to boost climate action and the economic recovery of SMEs in Spain</title>
                    <link>https://www.bbva.com/en/the-eib-group-and-bbva-agree-to-mobilize-e1-194-billion-to-boost-climate-action-and-the-economic-recovery-of-smes-in-spain/</link>
                    <pubDate>Mon, 18 Jul 2022 09:04:28 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[elisabet.furioc]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Economy]]>
                            </category>
                                                    <category>
                                <![CDATA[Financial and commercial services]]>
                            </category>
                                                    <category>
                                <![CDATA[Project finance]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?p=924802</guid>
                                            <description>
                            <![CDATA[The EIB Group, comprising the European Investment Bank (EIB) and the European Investment Fund (EIF), has signed a new asset-backed securities (ABS) purchase agreement with BBVA. The deal encompasses several transactions through a single securitization, with a structure designed to achieve optimal efficiency. In addition, the EIB Group signed an agreement with BBVA for a €54 million synthetic securitization under the European Guarantee Fund (EGF) program.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[The EIB Group, comprising the European Investment Bank (EIB) and the European Investment Fund (EIF), has signed a new asset-backed securities (ABS) purchase agreement with BBVA. The deal encompasses several transactions through a single securitization, with a structure designed to achieve optimal efficiency. In addition, the EIB Group signed an agreement with BBVA for a €54 million synthetic securitization under the European Guarantee Fund (EGF) program.]]>
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