The Banco Bilbao Vizcaya Argentaria had a net attributable profit of 1.689 million dollars in the first quarter of 2015, 146.2% more than in the same period of 2014, thanks to the sale of 4.9% stake in the Chinese bank CNCB .
The Banco Bilbao Vizcaya Argentaria (BBVA) had a (1.689 million dollars) attributable profit of 1.536 million euros in the first quarter of 2015 , 146.2% more than in the same period of 2014.
The profit was achieved thanks to the sale of 4.9% stake in the Chinese bank CNCB for 1.555 million euros (1,600 million ).
Without this operation, the result increased 52.8% to 953 million euros (1.048 million dollars).
BBVA stressed that Mexico also swelled its balance sheet growths double-digit lending and customer funds.
He added that the NPA ratio improved to 2.8%, with a coverage of 116 percent.
BBVA Bancomer consolidated its leadership in the country, in both credits and resources and the intensity of the activity moved to revenue and profit for the area, which earned 524 million euros (7.1 percent).
CEO BBVA, Angel Cano, noted that “these results confirm the positive dynamics of growth experienced since late last year.”
He said that “the quality of earnings, improved risk indicators The strength of our capital and advances in digital processing are the keys to quarter, “he said.
ERP
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