The European Central Bank has raised the minimum capital requirements for Spanish lenders BBVA, Caixabank, Sabadell and Bankinter as part of a supervisory review and evaluation process (SREP). On Friday, Caixabank, the country's biggest lender by domestic assets, said the supervisor had set a minimum threshold of 8.58% for its strictest measure of solvency, or Common Equity Tier 1 (CET1), for 2024 compared to 8.44% set a year ago by the ECB. BBVA's capital threshold was also raised to 9.09% for next year from 8.72%.
Banco BBVA Argentina S.A. (NYSE:BBAR) Q3 2023 Earnings Call Transcript November 22, 2023 Operator: Good morning, ladies and gentlemen, and thank you for waiting. At this time, we would like to welcome everyone to BBVA Argentina’s Third Quarter 2023 Financial Year Results Conference Call. We would like to inform you that this event is being […]
Spain's BBVA is planning to extend its international digital strategy beyond Italy as it seeks to add more clients, the bank's Chief Executive Officer Onur Genc said on Tuesday. In October of 2021, BBVA entered the consumer lending market in Italy by offering free online accounts to take advantage of a shift to digital banking in the country following an acceleration of digital services during the pandemic.