BBVA

BBVA will continue to suffer because of deterioration in Turkey

BBVA Will Continue To Suffer Because Of Deterioration In Turkey

Turkish President Erdogan has began to exercise his new “attributes”, recently provided by an ever more authoritarian political system, in relation to the monetary policy of the central bank by affirming informally that interest rates will be lowered. This weakened the Turkish Lira from 4.66/$ to 4.85/$ (although it layered recovered to 4.82/$). This had a negative impact on the share price of BBVA, which holds 49.85% in the Turkish bank Garantí.




Systemic banks

Investors Are Not Concerned About Whether A Bank Is Systemic Or Not

Fernando Rodríguez  | Analysts who study banking stocks every day do not seem to pay much attention to the factors which condition the systemic banks. In general, they feel that whether a bank is systemic or not should not influence its stock market performance or its dividend policy. It should not be the only criteria for investing in a bank.




Banco Santander key markets

Spanish Banks’ Results: The Numbers Tell The Story

Regardless of the disappointments, the one-off items, a few little surprises and all kinds of explanations regarding their earnings and provisions, the so-called big banks’ results are what they are. And none of  them have anything to celebrate. They remain vulnerable and unable to reach cruising speed.