MADRID, July 30 Spain's second-biggest bank BBVA
on Wednesday reported a 39 percent fall in
second-quarter net profit as lending revenue dropped and
earnings a year ago were boosted by gains from asset sales.
BBVA said net income was 704 million euros, versus the 706
million euros forecast by analysts polled by Reuters.
BBVA, which makes most of its profit outside its Spanish
home market, said it had also been hit by unfavourable exchange
rates. It has a large presence in South America, where
currencies in the likes of Venezuela have weakened against the
(Reporting by Sarah White, Editing by Julien Toyer)