Tag Archives: BBVA

BBVA Boosts 2024 Shareholder Returns with Record Dividend and €993 Million Buyback

(IN BRIEF) BBVA is set to enhance its 2024 shareholder returns by paying a supplementary dividend of €0.41 per share on April 10, which, together with the €0.29 interim dividend from October, brings the total dividend to €0.70 per share—the … Read the full press release

BBVA and Técnicas Reunidas Forge Alliance to Accelerate Decarbonization and Energy Transition Initiatives

(IN BRIEF) BBVA and Técnicas Reunidas have signed an MoU to foster collaboration in advancing decarbonization and energy transition initiatives. The agreement focuses on enhancing the business of Track, Técnicas Reunidas’ new division specializing in low-carbon technology projects, particularly in … Read the full press release

EIB Group Invests €90M to Unlock €185M for Sustainable Housing in Spain, Bolstering Green Finance and EU Market Integration

(IN BRIEF) The EIB Group, comprising the European Investment Bank (EIB) and the European Investment Fund (EIF), has invested over €90 million in a synthetic securitisation operation with BBVA, aimed at financing sustainable housing projects in Spain. Backed by InvestEU, … Read the full press release

BBVA Exceeds Gender Diversity Target with 35.4% Female Representation in Management

(IN BRIEF) BBVA has exceeded its 2024 goal of 35% female representation in managerial roles, achieving 35.4%. This accomplishment is the result of targeted initiatives like the ‘Yo soy talento femenino’ program, which has supported the promotion of 266 women … Read the full press release

BBVA Strengthens Tech Talent Pool with Plans to Hire 1,100 New Experts in 2025

(IN BRIEF) BBVA has been actively strengthening its tech talent pool as part of its long-term digital transformation strategy. Over the last three years, the bank added 10,100 technology professionals, with plans to grow its tech-focused workforce to 20,000 by … Read the full press release

BBVA and IBM Research Develop Dataset to Test Bias in Non-English Generative AI Models

(IN BRIEF) BBVA and IBM Research have created a dataset to evaluate biases in generative AI models in languages other than English, specifically testing for biases in Spanish. The dataset, based on IBM’s SocialStigmaQA (SSQA), examines how AI models respond … Read the full press release

Garanti BBVA Achieves Record Sustainability Score in 2024 S&P Global Assessment, Leading Turkish Banking Sector

(IN BRIEF) Garanti BBVA, part of the BBVA Group, achieved a record score of 85 in the 2024 S&P Global Corporate Sustainability Assessment (CSA), ranking 15th globally among 668 financial institutions. The bank’s commitment to sustainability includes a target to … Read the full press release

BBVA Receives Top Honors from The Banker, Highlighting Innovation, Sustainability, and Inclusivity

(IN BRIEF) BBVA has been recognized as the best bank in Spain by The Banker for the second time, highlighting its achievements in innovation, digitization, and sustainability. The bank also earned global recognition for financial inclusion through the BBVA Microfinance … Read the full press release

Garanti BBVA and TÜRKONFED Empower SMEs with Twin Transformation Initiative

  (IN BRIEF) Garanti BBVA, in partnership with TÜRKONFED, has launched the New Horizons in Twin Transformation project to help SMEs in Türkiye adopt green and digital practices, enhancing their competitiveness and sustainability. The initiative includes workshops and panels across … Read the full press release

BBVA Proposes Comprehensive Measures to Ensure Financial Inclusion and SME Support Amid Banco Sabadell Merger

(IN BRIEF) BBVA has proposed comprehensive measures to the Spanish competition authority (CNMC) to secure approval for its merger with Banco Sabadell. These commitments include maintaining branch access in underserved areas, ensuring continued SME lending and credit lines for 18 … Read the full press release

Garanti BBVA Kripto Strengthens Security and Growth with Ripple and IBM Partnerships in Response to Rising Digital Asset Demand

(IN BRIEF) Garanti BBVA Kripto has partnered with Ripple and IBM to advance its digital asset platform, enhancing security and performance for its users. Through these collaborations, Garanti BBVA Kripto aims to strengthen its infrastructure to meet rising demand for … Read the full press release

BBVA Recognized as a Global Leader in AI, Ranking 13th Among Top Banks Worldwide

(IN BRIEF) BBVA has been ranked as the 13th most advanced bank globally in artificial intelligence (AI) by the Evident AI Index, which assesses AI and data integration in the world’s top 50 banks. BBVA ranks first in Spain and … Read the full press release

BBVA and KKR Partner to Invest $200 Million in Global Climate Projects, Driving Low-Carbon Infrastructure

(IN BRIEF) BBVA has formed a strategic partnership with investment firm KKR, committing $200 million to support KKR’s Global Climate Strategy, which focuses on large-scale climate infrastructure projects like energy transition and electrification. The partnership, announced during Climate Week in … Read the full press release

Garanti BBVA Introduces Türkiye’s First End-to-End Digital Vehicle Loans for Individuals

(IN BRIEF) Garanti BBVA has become the first Turkish bank to offer fully digital vehicle loans for individual customers, expanding a service previously available only to companies and self-employed clients. The entire loan application process, covering nearly 40 automobile brands, … Read the full press release

BBVA Secures U.K. Approval for TSB Takeover, Moving Closer to Banco Sabadell Acquisition

(IN BRIEF) BBVA has received approval from the U.K.’s Prudential Regulation Authority (PRA) to take indirect control of TSB Bank, a subsidiary of Banco Sabadell. This approval is a key step in BBVA’s plan to acquire Banco Sabadell, which will … Read the full press release

BBVA Champions AI Innovation at Barcelona’s KDD Conference, Showcasing Financial Tech Leadership

(IN BRIEF) BBVA actively participated in the KDD (Knowledge Discovery and Data Mining) conference, held in Barcelona from August 25 to 29, 2024. The bank sponsored the event’s Finance Day, which focused on the applications of AI and machine learning … Read the full press release

BBVA Champions LGTBIQ+ Inclusion Through Role Models and Global Initiatives

(IN BRIEF) BBVA is reinforcing its commitment to LGTBIQ+ inclusion by promoting the importance of role models and implementing various initiatives across its global operations. The bank has encouraged the use of preferred pronouns, introduced anti-harassment protocols, and earned recognition … Read the full press release

BBVA Sets the Benchmark for Innovation in Corporate Banking, Wins Top Honors from Global Finance

(IN BRIEF) BBVA has been recognized by Global Finance magazine as a leader in corporate banking, winning awards for Most Innovative Bank in Spain, Best Mobile Banking App, and Best Open Banking Strategy. The bank was praised for its innovative … Read the full press release

Garanti BBVA Mobile App Achieves Record Usage with 2.7 Billion Logins in H1 2024, Leading Türkiye’s Digital Banking Revolution

(IN BRIEF) Garanti BBVA Mobile, Türkiye’s leading private-sector banking app, saw over 2.7 billion logins in the first half of 2024, reflecting its rapid growth and widespread use among over 15.5 million active users. The app’s extensive features and user-friendly … Read the full press release

BBVA Expands AI Factory to Mexico and Türkiye, Doubling Workforce to Drive Global AI Innovation

(IN BRIEF) BBVA’s AI Factory has expanded to Mexico and Türkiye, doubling its workforce to over 400 AI experts. This expansion aims to accelerate the development of AI solutions to improve customer experiences and optimize internal processes. The AI Factory … Read the full press release