BBVA in 2013

Business Areas

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Banking activity in Spain
Real-estate activity in Spain
The United States
South America
  • Banking activity in Spain Highlights in 2013
    • Management in a complex environment.
    • Increases in market share of lending and customer funds.
    • Risk indicators reflect impact of classifying refinanced loans and deleveraging.
    • Reinsurance agreement on the individual life and accident insurance portfolio.
  • Real-estate activity in Spain Highlights in 2013
    • The improved economic climate has started to be reflected in the stabilization of sales and prices in the sector.
    • Another reduction in BBVA’s net exposure to the real-estate sector.
    • Increased rate of growth in sales of real-estate assets.
    • Limited risks, but affected by refinanced assets.
  • The United States Highlights in 2013
    • Growth of lending, particularly in the commercial and residential real-estate portfolios.
    • Increase of lower-cost customer funds.
    • Revenue significantly affected by the current interest-rate environment.
    • Costs in check.
    • Another improvement in risks indicators.
  • Eurasia Highlights in 2013
    • Customer lending at very similar levels to those reported at the end of 2012.
    • Excellent performance of customer funds, both retail and wholesale.
    • In Turkey, impacts stemming from the depreciation of the Turkish lira and interest-rate movements.
    • Slight deterioration of the risk indicators.
    • Signing of a new agreement with the CITIC group.
  • México Highlights in 2013
    • Buoyant activity transferred to revenues.
    • Good management of customer spreads.
    • BBVA Bancomer, one of the most efficient banks in the Mexican financial system.
    • Stability in risk indicators.
    • Sale of Afore Bancomer.
  • South America Highlights in 2013
    • Positive performance of activity, both in lending and customer funds, in almost every country in the region.
    • Maintenance of spreads.
    • Favourable performance of revenue.
    • Stability of risk indicators.
    • Sale of the pension business and BBVA Panama.