Market Chatter: BBVA Working on Risk Transfer Linked to $2 Billion of Turkish Loans

MT newswire2026/09/01 13:33

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

09:33 AM EDT, 09/01/2026 (MT Newswires) -- Banco Bilbao Vizcaya Argentaria (BBVA) is working on a significant risk transfer tied to about 100 billion liras ($2.1 billion) worth of corporate loans in Turkey, Bloomberg reported Tuesday, citing people familiar with the matter. The loans to small and mid-size companies were made by BBVA's Turkish unit, Garanti, the report said, citing the people. World Bank Group's International Finance Corp. could participate as an anchor investor, the people reportedly said. BBVA didn't immediately reply to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.

华尔街见闻•2026/11/10 18:41