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Banco Bilbao Vizcaya Argentaria S.A. (BBVA.N)

BBVA.N on New York Stock Exchange

24 Mar 2017
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$0.05 (+0.65%)
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Latest Key Developments (Source: Significant Developments)

Spain's BBVA closes acquisition of 9.95 percent of Garanti Bank
Wednesday, 22 Mar 2017 03:48am EDT 

Spain's BBVA :Says it has completed the acquisition of 9.95 percent of Turkey's Garanti Bank, raising stake to 49.85 percent.  Full Article

BBVA to participate with 34.1 mln euros in capital increase of UK's Atom
Friday, 3 Mar 2017 11:12am EST 

Banco Bilbao Vizcaya Argentaria SA : To participate in share capital increase of UK's Atom with about 34.1 million euros ($36.0 million) .To maintain about 29.5 percent stake in Atom.  Full Article

BBVA cuts long position in China Citic Bank's H-shares to 1.1 pct - HKEx disclosure
Friday, 24 Feb 2017 09:29am EST 

Hong Kong stock exchange disclosure :Says Banco Bilbao Vizcaya Argentaria S.A. has cut long position in China Citic Bank Corp Ltd's <0998.HK> H-shares to 1.11 percent from 7.04 percent on Feb 17, 20.  Full Article

BBVA agrees to buy 9.95 percent stake of Turkey's Garanti Bank
Wednesday, 22 Feb 2017 02:16am EST 

Bbva : BBVA has entered today into an agreement for acquisition from Dogus Holding a.s. and Dogus Arastirma Gelistirme ve Musavirlik Hizmetleri a.s. of 41,790,000,000 shares of Turkiye Garanti Bankasi amounting to 9.95 percent of the total issued share capital of Garanti Bank at a total consideration of 7.95 Turkish Liras per share . Completion of the Acquisition is conditional on (i) obtaining the approval of the general assembly of each of the sellers authorizing the execution of the acquisition and the transfer of the shares to BBVA and (ii) obtaining of the applicable regulatory approvals .Completion of the acquisition is expected to occur during the first half of 2017.  Full Article

BBVA completes sale of 1.7 pct stake in CNCB for 554 mln euros
Thursday, 16 Feb 2017 06:20am EST 

Banco Bilbao Vizcaya Argentaria SA : Completes sale of almost all of its stake in Chinese bank CNCB for 554 million euros ($588.9 million) . Sold 1.7 percent of CNCB on the market, generating net capital gain of about 177 million euros .CNCB stake sale increases BBVA's highest quality capital ratio (CET1) by around 4 basis points.  Full Article

BBVA's chairman says U.S. policies not aligned with free commerce and trade
Wednesday, 1 Feb 2017 06:05am EST 

Chairman of Spain's BBVA Francisco Gonzalez: Says U.S. President's policies are not aligned with free commerce and trade .Expects situation to normalise in the U.S..  Full Article

BBVA sees impact on Mexico from new U.S. administration. expects lower growth
Wednesday, 1 Feb 2017 02:44am EST 

Spain's BBVA : Says sees impact on Mexico arising from new U.S. administration, expects lower macroeconomic growth and sees uncertainties . Says expects its Mexican unit Bancomer to deliver solid growth despite difficult business environment . Says expects units in Turkey and Mexico to deliver solid growth in local currencies . Says sees lower loan growth in short term in Mexico . Says expects resilient results in 2017 at a group level despite macroeconomic uncertainties . Says expects flat NII performance in 2017 at a group level . Says sees high single digit growth in net interest income in US in short term .Says does not expect any further provisions on mortgage floor clauses in Spain.  Full Article

BBVA to propose a gross dividend of 0.13 per share in 2017
Wednesday, 1 Feb 2017 01:20am EST 

BBVA :Says will propose a gross scrip dividend against reserves of 0.13 per share in 2017.  Full Article

BBVA buys Mexican startup Openpay
Friday, 23 Dec 2016 10:15am EST 

Banco Bilbao Vizcaya Argentaria SA :Signs deal to buy Openpay, a Mexican online payments startup.  Full Article

BBVA to pay interim dividend of 0.0648 euro net/shr
Thursday, 22 Dec 2016 01:51am EST 

Banco Bilbao Vizcaya Argentaria SA :Said on Wednesday it had agreed to pay an interim dividend for 2016 of 0.0648 euro ($0.0676) net per share on Jan. 12, 2017.  Full Article

More From Around the Web

Spanish bank BBVA shuts Sydney office, downsizes Japan and Korea branches

MADRID, March 16 Spain's second-biggest lender BBVA shut its office in Sydney at the end of last year and is downsizing branches in Japan and South Korea, sources close to the matter told Thomson Reuters' Basis Point on Thursday.