|
|
 |
|
Viewing report
|
|
|
|
Banco Bilbao Vizcaya Argentaria, S.A. Dec 06
Standard & Poors, Dec 2006
Abstract
Strong market positions in almost all markets where the bank operates, particularly in Spain and Mexico Consistent and prudent strategy Sound credit risk management Above-average operating profitability Exposure to high economic risk through its Latin American subsidiaries An equity portfolio that, although being reduced, increases the bank's equity and concentration risks The ratings on Banco Bilbao Vizcaya Argentaria S.A. (BBVA) reflect the bank's strong franchise in its core markets, above-average financial performance, and conservative management. Its good performance and sound credit risk management somewhat offset higher reliance on emerging markets compared with its international peers. BBVA enjoys sound operating profitability, owing to the successful creation of solid franchises in different countries with diversified and strong positions in all banking and...
Companies mentioned in this report are: Banco Bilbao Vizcaya Argentaria S.A.,Banco de Credito Local de Espana S.A.,Banco Bilbao Vizcaya Argentaria Uruguay,Banco Bilbao Vizcaya Argentaria Puerto Rico,BBVA Panama S.A. y Subsidiarias
Action: Review
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Full Analysis
|
|
|
|
