In the first quarter of 2016, the price of the BBVA share has performed relatively better than the European banking sector.
The global economy grew at an annual rate of 2.6% in the first quarter of 2016, according to BBVA Research estimates, below the 3.1% on average for 2015. The loss of momentum continues to be explained, in particular, by the slowdown in growth in the main emerging economies, which the developed economies have been unable to offset. The uncertainty surrounding the scale of the slowdown in China and its global impact, through commodity prices, and the increase in financial volatility will mark, along with the effect of the pace of interest rate hikes by the Federal Reserve (Fed), the global economic scenario in 2016, where it is unlikely for global GDP growth to be much higher than 3%.
(1) Adjusted for remuneration of additional Tier 1 capital instruments.
(2) Adjusted for the results of the implementation of the dividend-option in April 2016 and April 2015, respectively.
(1) Adjusted for remuneration of additional Tier 1 capital instruments.
(2) Adjusted for the results of the implementation of the dividend-option in April 2016 and April 2015, respectively.
The Board of Directors of BBVA, at the meeting held on March 31, 2016, agreed to complete the capital increase against reserves, under the terms agreed by the Annual General Meeting of Shareholders held on March 11, 2016. This increase has been used as an instrument to implement the shareholder remuneration system called the "dividend option". This system aims to optimize and customize the shareholder remuneration scheme, so they benefit from greater flexibility, since they can adapt their remuneration to their preferences and personal circumstances. The holders of 82.13% of these rights chose to receive new shares, a high percentage that once more confirms the success of this remuneration system among shareholders.