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BBVA assumes an impact of 324 million in Turkey due to hyperinflation

The group expects the contribution of the group's entities in Turkey to the results to be "immaterial" in 2022.

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BBVA assumes an impact of 324 million in Turkey due to hyperinflation

The group expects the contribution of the group's entities in Turkey to the results to be "immaterial" in 2022.

BBVA will apply hyperinflationary accounting in Turkey with effect from January 1, 2022, in accordance with IAS 29 accounting regulations, as reported to the National Securities Market Commission (CNMV). Hyperinflationary accounting

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