BBVA Sticks To Net Profit Outlook Of Around €1 Bln For Turkey In 2026, CEO Says

July 30 (Reuters) - Chief Executive Officer of Spain's BBVA BBVA.MC Onur Genç:

• Bank sticks to net profit outlook of around €1 billion for Turkey in 2026, with slight downward bias
• Bank is optimistic that Turkey will be able to reduce inflation
• Bank sees sustainable growth rates in CIB business
• Bank remains committed to distribute to shareholders any excess capital above 12% threshold
• Bank is quite positive for Mexican banking business in the future due to higher activity levels, sees better "signals of investments"
• "We are completely focused on organic growth"
• BBVA CFO Luisa Gomez Bravo: Bank is aiming for 10 billion euros revenues in CIB business by end of strategic plan
• BBVA CFO: Bank will continue to invest in Spain