Brief: BBVA Sticks To Net Profit Outlook Of Around €1 Bln For Turkey In 2026, CEO Says
BRIEF-BBVA Sticks To Net Profit Outlook Of Around €1 Bln For Turkey In 2026, CEO Says July 30 (Reuters) - Chief Executive Officer of Spain's BBVA BBVA.MC Onur Genç:
BANK STICKS TO NET PROFIT OUTLOOK OF AROUND €1 BILLION FOR TURKEY IN 2026, WITH SLIGHT DOWNWARD BIAS
BANK IS OPTIMISTIC THAT TURKEY WILL BE ABLE TO REDUCE INFLATION
BANK SEES SUSTAINABLE GROWTH RATES IN CIB BUSINESS
BANK REMAINS COMMITTED TO DISTRIBUTE TO SHAREHOLDERS ANY EXCESS CAPITAL ABOVE 12% THRESHOLD
BANK IS QUITE POSITIVE FOR MEXICAN BANKING BUSINESS IN THE FUTURE DUE TO HIGHER ACTIVITY LEVELS, SEES BETTER "SIGNALS OF INVESTMENTS"
"WE ARE COMPLETELY FOCUSED ON ORGANIC GROWTH"
BBVA CFO LUISA GOMEZ BRAVO: BANK IS AIMING FOR 10 BILLION EUROS REVENUES IN CIB BUSINESS BY END OF STRATEGIC PLAN
BBVA CFO: BANK WILL CONTINUE TO INVEST IN SPAIN
Further company coverage: BBVA.MC
(Reporting by Madrid Newsroom)
((jesus.aguado@thomsonreuters.com;))