January-June 2013

The most relevant

BBVA’s business activity in Mexico partly reflects the country’s current macroeconomic environment of moderate growth. Performing loans are growing at a year-on-year rate of 8.0%, with a good performance in the SME and small business segments portfolios, as well as credit cards. On the liability side, there was a positive performance by demand deposits, in other words, lower-cost customer funds.

In this environment of moderate economic growth, the BBVA Group’s franchise in Mexico has continued to post positive earnings during the second quarter thanks to resilient recurring revenue.