Live Updates > Live Update Details
2025-10-30 17:20:38
[BBVA's Strategic Shift: Abandoning Acquisitions to Focus on Organic Growth] ⑴ The CEO of BBVA expects core market revenue and profits to continue growing in the coming quarters. ⑵ The bank's CFO expects risk costs for its Mexican operations to remain below 340 basis points by 2025. ⑶ The CEO explicitly stated that the acquisition plan for Banco Sabadell has been terminated, acknowledging it as a "missed opportunity." ⑷ Following the failure of the acquisition plan, the bank will focus "purely" on an organic growth strategy to achieve business expansion.
