The key in 2010:
Implementation of the BBVA business model.
Across-the-board indicator improvement.
Gradual change in the mix of the loan-book towards lower-risk portfolios and greater customer loyalty.
Positive performance of lower-cost deposits.
Positive performance in the most recurrent revenues: net interest income and fee income.
Improved asset quality.
Successful completion of the integration of Guaranty in record time.
The incorporation of the WB&AM business carried out in the country is yet another step in the construction of the US franchise.
BBVA Compass becomes the sponsor of the world’s most important basketball league, the NBA.
Implementation of the business Transformation Plan, aimed to implement a model customer-centric model.
Outlook for 2011:
Confirmation of the recovery, although still slow in terms of business activity. Improved bottom line.