Banco Bilbao Vizcaya Argentaria SA (BBVA) Tuesday announced that it would comfortably meet the new requirements of financial reform in Spain.
The company reiterated that the reform does not impede BBVA plans to meet comfortably with the recommendations of the EBA.
The company further reiterated that the strategy of anticipation in risk management will enable BBVA to meet the new financial reform play in Spain.
The company added that the estimated final net impact of the new regulation for BBVA in the profit and loss account will amount to 1,360 million euros, to be absorbed entirely in 2012 because of the recurrence and resistance results.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.