The second-quarter results confirm that BBVA was more active than most of its peers in provisioning for the pending COVID-19-induced credit losses, thus enabling the group to recover a particularly decent level of capital generation as soon as this quarter.
30 Jul 2020
Proven resilience capacity
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Proven resilience capacity
Banco Bilbao Vizcaya Argentaria, S.A. (BVA:LON) | 1,025 0 0.0% | Mkt Cap: 59,839m
- Published:
30 Jul 2020 -
Author:
David Grinsztajn -
Pages:
2
The second-quarter results confirm that BBVA was more active than most of its peers in provisioning for the pending COVID-19-induced credit losses, thus enabling the group to recover a particularly decent level of capital generation as soon as this quarter.