Our Bank Remains Very Strong in Spain, Says BBVA's CFO

The video discusses the strong financial performance in Mexico and the US, with profits up significantly. It also addresses challenges in Turkey, highlighting recent economic measures and a positive outlook. The Spanish business shows profit growth despite low interest rates, driven by fee income and cost control. Real estate transactions further strengthen the position for future growth.

Which countries showed significant profit increases, contributing to the overall strong performance?

• Germany, France, Italy, and UK

• Brazil, Argentina, Chile, and Peru

• Mexico, US, Colombia, and Spain

• China, Japan, South Korea, and India

What recent actions in Turkey have led to a more optimistic economic outlook?

• Reduction in government spending

• Expansion of the manufacturing sector

• Tightened monetary policy and improved US relations

• Increased foreign investments and tourism

What is the bank's position in Turkey despite recent turmoil?

• Focusing on other emerging markets

• Planning to exit the market

• Holding a strong local presence with significant investment

• Reducing its stake in local banks

How has the Spanish business managed to grow profits despite low interest rates?

• By expanding into new markets

• Through government subsidies

• Through fee and commission income growth and expense control

• By increasing loan interest rates

What strategic move has strengthened the Spanish business's position for 2019?

• Acquiring new companies

• Selling real estate owned assets

• Launching new financial products

• Entering the Asian market