(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
Posted in Artificial Intelligence (AI), Banks, Financial, Government, Industrial, Investment, Management, News, Spain, Technology
Tagged BBVA, Clara Higuera, dataset, IBM Research, Non-English Generative AI Models, partnership
(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
Posted in Awards, Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Spain, Turkey
Tagged 2024 S&P Global Assessment, Awards, BBVA, Garanti BBVA, leadership, Mahmut Akten, sustainability, Turkish Banking Sector
(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
Posted in Awards, Banks, Business, Financial, Spain
Tagged $20 billion in loans, 2050, AI advancements, BBVA, BBVA Microfinance Foundation, best bank in Spain, customer-focused innovations, Cybersecurity, digitization, financial inclusion, greener future, Inclusive Growth, inclusive services, INNOVATION, low-income entrepreneurs, net-zero emissions, renewable energy projects, streamlined processes, sustainability, The Banker
(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
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, Spain, Technology, Turkey
Tagged BBVA, Garanti BBVA, Hakan Urhan, Onur Ünlü, partnership, Sibel Kaya, SMEs, sustainability, TÜRKONFED, Twin Transformation
(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
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, Small Business, Spain
Tagged Banco Sabadell, BBVA, Comprehensive Measures, financial inclusion, MERGER, Onur Genç, partnership, SME Support
(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
Posted in Banks, Business, Economy, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Spain, Technology, Turkey
Tagged Aaron Sears, BBVA, digital asset, Garanti BBVA, Garanti BBVA Kripto, IBM, Işıl Kılınç Gürtuna, Korcan Abalı, partnership, Ripple, SECURITY, Turkey, USA
(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
Posted in Artificial Intelligence (AI), Banks, Business, Financial, Industrial, Investment, Management, News, Spain, Technology
Tagged AI, Awards, banks, BBVA, leadership, Ricardo Martín Manjón
(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
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Insurance, Investment, Management, News, Spain
Tagged BBVA, Global Climate Projects, investment, Javier Rodríguez Soler, KKR, Low-Carbon Infrastructure, partnership, sustainability, USA
(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
Posted in Automotive, Banks, Business, Economy, Environment, Financial, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Spain, Technology, Turkey
Tagged BBVA, Ceren Acer Kezik, Digital Vehicle Loans, Garanti BBVA, Türkiye
(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
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Spain, United Kingdom
Tagged acquisition, Banco Sabadell, BBVA, partnership, TSB Bank, UK
(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
Posted in Artificial Intelligence (AI), Awards, Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, Marketing, Media, News, Spain, Technology
Tagged AI innovation, Awards, Barcelona, BBVA, Financial Tech, Jon Ander Beracoechea, KDD (Knowledge Discovery and Data Mining) Conference, keadership
(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
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, Society, Spain
Tagged BBVA, diversity, Global Initiatives, LGTBIQ+ Inclusion, Role Models, society
(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
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Financial, Industrial, Internet & Online, Investment, Management, News, Spain, Technology
Tagged Awards, BBVA, corporate banking, finance, INNOVATION, leadership
(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
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Internet & Online, Investment, Management, Marketing, News, Spain, Technology, Turkey
Tagged BBVA, digital banking, Garanti BBVA, mobile app, Murat Çağrı Süzer, partnership, sustainability, Türkiye
(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
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Spain, Technology
Tagged AI Factory, AI innovation, BBVA, Ignacio Teulón, Mexico, partnership, sustainability, Türkiye
(IN BRIEF) Mahmut Akten will become CEO of Garanti BBVA and BBVA Country Manager in Turkey, replacing Recep Baştuğ. The appointment is pending regulatory approval. BBVA has reorganized its global Client Solutions area, introducing new leadership for Commercial and Retail … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, Spain, Turkey
Tagged appointment, BBVA, CEO, Country Manager, David Puente, Garanti BBVA, Jaime Sáenz de Tejada, leadership, Mahmut Akten, Murat Kalkan, Onur Genç, partnership, Recep Baştuğ, Turkey
(IN BRIEF) BBVA has been named the World’s Best Corporate Bank 2024 by Global Finance magazine, marking the fourth time and second consecutive year it has received this honor. The award recognizes BBVA’s strong performance, reputation, and management excellence. BBVA … Read the full press release
Posted in Awards, Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Spain, Technology
Tagged Awards, BBVA, Financial, Global Finance magazine, INNOVATION, investment, Joseph D. Giarraputo, Outstanding Performance, sustainability, World's Best Corporate Bank 2024
(IN BRIEF) The 16th BBVA Foundation Frontiers of Knowledge Awards ceremony, held in Bilbao, celebrated the importance of knowledge in addressing societal challenges, including climate change. BBVA Foundation President Carlos Torres Vila emphasized the need for attracting talent and capital … Read the full press release
(IN BRIEF) BBVA has completed the sale of the ‘Estoril Project,’ a portfolio of unsecured non-performing loans totaling €270 million, to AXACTOR. This transaction is part of BBVA’s strategy to optimize its balance sheet and improve its non-performing loan ratio … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Spain
Tagged 'Estoril Project, acquisition, AXACTOR, BBVA, Spain
(IN BRIEF) BBVA, in its commitment to decarbonization, has expanded its intermediate emission reduction targets for 2030 to include the real estate sector in Spain and the global aluminum industry. These sectors join the list of targets set by the … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Real Estate, Spain
Tagged aluminum, BBVA, Emission Reduction Targets, Javier Rodríguez Soler, partnership, real estate, sustainability
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