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BBVA results in Q2 2017

1 min. reading
BBVA Group, BBVA in Switzerland / 19 September, 2017

Between January and June 2017, BBVA Group posted a net attributable profit of €2.31 billion, up 25.9% from the same period a year earlier (+30.8% in constant terms). The solid performance of recurring revenues, moderation in operating expenses and a drop in impairment losses on financial assets are the main factors that supported this growth. BBVA CEO Carlos Torres Vila said that “the second quarter results confirm the positive trends recorded earlier this year, both in terms of financial results and of transformation and value creation for shareholders.” For detailed information regarding the income statement, please visit the full briefing elaborated by our colleagues of BBVA Group, where in addition you will find relevant data about the Group, and a key analysis on regards the digital evolution of the bank, in full harmony with the private banking transformation that we are developing in BBVA in Switzerland. In addition, we recommend to read our colleague Carmen Álvarez's article, where she breaks down the six key points for the positive results obtained the second trimester of 2017, in terms of solvency, efficiency and digital transformation. The change is unstoppable. Join us within BBVA in Switzerland to leader the transformation together.