Economy - NEWS BBVA https://www.bbva.com/en/ NEWS BBVA Sat, 13 Dec 2025 13:31:47 +0100 en-US hourly 1 Garanti BBVA's loan portfolio reaches TL 1.6 trillion https://www.bbva.com/en/tr/garanti-bbvas-loan-portfolio-reaches-tl-1-6-trillion/ Mon, 29 Jan 2024 23:02:44 +0000 https://www.bbva.com/?p=1022943 Garanti BBVA CEO takes stock of 2023 and shares priorities for 2024 https://www.bbva.com/en/garanti-bbva-ceo-takes-stock-of-2023-and-shares-priorities-for-2024/ Fri, 22 Dec 2023 00:55:52 +0000 https://www.bbva.com/?p=1018880 Recep Baştuğ, 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.]]> Recep Baştuğ, 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.]]> Garanti BBVA, among the four most valuable brands in Türkiye https://www.bbva.com/en/garanti-bbva-among-the-four-most-valuable-brands-in-turkiye/ Thu, 06 Jul 2023 06:32:00 +0000 https://www.bbva.com/?p=988440 Garanti BBVA as Türkiye’s most valuable bank brand.]]> Garanti BBVA as Türkiye’s most valuable bank brand.]]> Carlos Torres Vila: “In the last 40 years, credit granted by banks in Spain has raised GDP per capita by 20 percentage points” 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/ Mon, 19 Jun 2023 09:26:43 +0000 https://www.bbva.com/?p=985506 0th edition of the APIE Seminar 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).]]> 0th edition of the APIE Seminar 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).]]> BBVA Research raises its growth forecast for Spain to 2.4 percent in 2023 while lowering its 2024 forecast to 2.1 percent 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/ Tue, 13 Jun 2023 11:09:30 +0000 https://www.bbva.com/?p=996060 ’Spain Economic Outlook’ 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.]]> ’Spain Economic Outlook’ 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.]]> Besley, Persson y Tabellini win the Fronteers Award for illuminating the connections between the economic and political worlds https://www.bbva.com/en/besley-persson-y-tabellini-win-the-fronteers-award-for-illuminating-the-connections-between-the-economic-and-political-worlds/ Thu, 02 Mar 2023 12:52:01 +0000 https://www.bbva.com/?p=967031 BBVA Foundation Frontiers of Knowledge Award 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.]]> BBVA Foundation Frontiers of Knowledge Award 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.]]> Onur Genç: “We expect to end the year with 160,000 customers in Italy” https://www.bbva.com/en/economy-and-finance/onur-genc-we-expect-to-end-the-year-with-160000-customers-in-italy/ Wed, 30 Nov 2022 14:50:08 +0000 https://www.bbva.com/?p=951003 one year after its launch. “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.]]> one year after its launch. “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.]]> Garanti BBVA excels in TL lending thanks to its strong capital https://www.bbva.com/en/garanti-bbva-excels-in-tl-lending-thanks-to-its-strong-capital/ Thu, 27 Oct 2022 15:42:52 +0000 https://www.bbva.com/?p=943621 BBVA, the best real estate provider in Latin America, according to Euromoney https://www.bbva.com/en/bbva-the-best-real-estate-provider-in-latin-america-according-to-euromoney/ Tue, 27 Sep 2022 07:35:07 +0000 https://www.bbva.com/?p=936607 The EIB Group and BBVA agree to mobilize €1.194 billion to boost climate action and the economic recovery of SMEs in Spain 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/ Mon, 18 Jul 2022 09:04:28 +0000 https://www.bbva.com/?p=924802