Madrid, February 4 (EFE) .- The banking group BBVA achieved net attributable profit of 2.618 million euros in 2014, 25.7% more than in the previous year, thanks to higher revenues, control costs and lower provisions made
As reported by the entity to the Comisión Nacional del Mercado de Valores (CNMV). in the fourth quarter profit was 689 million, compared to losses of 849 million recorded in the same period of 2013.
The NPL ratio fell to 5.68%, down from 6.1% in September and 6.68% in December 2013.
Spain contributed to the accounts 1,028 million euros, although a loss of 876 million was recorded by the real estate business, below the 1.252 million it lost in 2013.
The credit customers across the Group grew by 4.7% and stood at 366.536 million euros, while deposits rose 6.6% and reached 330 686 000
Operating expenses totaled 10,951 million, 2.2% below 2013, despite high inflation in countries like Venezuela and Argentina and plans of digital transformation in which the group is involved.
For areas business banking in Spain contributes 1,028 million euros, 428 million US provides, Eurasia, 565 million, Mexico, 1915000 and South America, 1.001 million.
With regard to solvency, at the end of December, BBVA had a “core capital” or capital of the highest quality according to Basel III criteria of 12% percent, compared to 12.2% in December 2013. EFE
No comments:
Post a Comment