BBVA(US:BBVA) Xin Hua Cai Jing·2025-07-31 14:46Core Viewpoint - BBVA's second-quarter net profit reached €2.749 billion, reflecting a 1.9% quarter-on-quarter increase, and a year-on-year growth of 9.1% for the first half of 2025, totaling €5.447 billion [1] Group 1: Financial Performance - In the second quarter, BBVA's net profit from the Mexican market was €1.265 billion, showing a year-on-year increase of 4.9% [1] - BBVA's Turkish operations demonstrated strong resilience, with a second-quarter net profit of €254 million, marking a year-on-year growth of 22.4% [1] - The overall trend indicates a shift of global financial capital from traditional Western markets to faster-growing emerging regions [1] Group 2: Market Insights - The management of BBVA noted that the ongoing investment in Turkey reflects a marginal improvement in international banks' confidence in emerging economies, particularly as inflation stabilizes and exchange rate fluctuations ease [1] - The strengthening bilateral trade relationship between China and Turkey is highlighted, with China being the largest source of imports for Turkey in the first half of the year [1] - There are potential opportunities for Chinese banks to expand their operations in Turkey if the financial market continues to open up [1]