HOUSTON, Dec. 13, 2019 /PRNewswire/ -- BBVA Research
released its U.S. Recession Risk Monitor, noting that the
probability of a recession within the coming 12 months is at a
one-year low, with the likelihood at 30 percent.
The report notes that the Fed's mid-cycle easing should help
prolong the current expansion and includes a number of comparative
evaluations including financial markets, consumer households,
loans, bonds and real estate.
According to Nathaniel Karp, BBVA
USA chief economist and the
report's co-author, key concerns remain trade frictions, market
liquidity and equity price correction. Despite industrial
recession in advanced economics, the global system risks are
muted.
To read the full U.S. Recession Risk Monitor for December 2019, click here. For more information
on BBVA Research, click here.
For more BBVA news visit, www.bbva.com and the U.S.
Newsroom.
Additional news updates can be found via Twitter and
Instagram.
For more financial information about BBVA in the U.S., visit
bbvausa.investorroom.com.
About BBVA
BBVA Group
BBVA (NYSE: BBVA) is a customer-centric global financial services
group founded in 1857. The Group has a strong leadership position
in the Spanish market, is the largest financial institution in
Mexico, it has leading franchises
in South America and the Sunbelt
Region of the United States. It is
also the leading shareholder in Turkey's Garanti BBVA. Its purpose is to bring
the age of opportunities to everyone, based on our customers' real
needs: provide the best solutions, helping them make the best
financial decisions, through an easy and convenient experience. The
institution rests in solid values: Customer comes first, we think
big and we are one team. Its responsible banking model aspires to
achieve a more inclusive and sustainable society.
BBVA USA
In the U.S., BBVA is a Sunbelt-based financial institution that
operates 642 branches, including 330 in Texas, 89 in Alabama, 63 in Arizona, 61 in California, 45 in Florida, 37 in Colorado and 17 in New Mexico. The bank ranks among the top 25
largest U.S. commercial banks based on deposit market share and
ranks among the largest banks in Alabama (2nd), Texas (4th) and Arizona (6th). In the U.S., BBVA has been
recognized as one of the leading small business lenders by the
Small Business Administration (SBA) and ranked 8th nationally in
terms of dollar volume of SBA loans originated in fiscal year
2018.
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SOURCE BBVA USA