BBVA's investors were even more enthusiastic. Its share price jumped by 20% on the day.

BBVA的投资者甚至更加热情，它的股价当天上涨了20%。

(BBVA's Mexican arm, which is comparable in terms of risk-weighted assets, routinely produces returns of 20% or more).

(BBVA的墨西哥分支，其风险加权资产可与之比较，通常回报率为20%或更高)。

But reform played an important role, says Rafael Domenech, an economist at BBVA, a bank.

然而在BBVA银行的经济学家拉斐尔? 多梅内克看来，拉霍伊的改革却起到了至关重要的作用。

BBVA's American exit makes its portfolio disproportionately exposed to emerging markets, giving it a reason to invest at home.

BBVA退出美国市场使其投资组合不成比例地暴露在新兴市场，这给了它在国内投资的理由。

Indeed, BBVA in turn said on the same day that it was in merger talks with Sabadell, another Spanish lender.

实际上，BBVA在同一天也表示，它正在与另一家西班牙银行萨瓦德尔进行合并谈判。

This week, the Spanish bank BBVA announced plans to spend more than two billion euros to buy the remaining 50 per cent of the Turkish lender Garanti.

本周，西班牙银行 BBVA 宣布计划投资20多亿欧元购买土耳其贷款机构 Garanti 剩余的50%股份。