Tag Archives: BBVA

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

Mahmut Akten to Succeed Recep Baştuğ as CEO of Garanti BBVA and BBVA Country Manager in Turkey

(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

BBVA Named World’s Best Corporate Bank 2024 by Global Finance for Outstanding Performance and Innovation

(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

BBVA Foundation’s 16th Frontiers of Knowledge Awards Celebrate the Power of Knowledge

(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

BBVA Sells €270 Million Non-Performing Loan Portfolio in Spain to AXACTOR

(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

BBVA Expands Emission Reduction Targets to Real Estate and Aluminum Sectors

(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

Garanti BBVA International Partners with Kordsa for $50 Million Sustainable Loan

(IN BRIEF) Garanti BBVA International, a subsidiary of Garanti BBVA known for its sustainable financing initiatives, has secured a $50 million sustainable loan agreement with Kordsa Teknik Tekstil A.Ş. (Kordsa). This collaboration aligns with Kordsa’s efforts to reduce environmental and … Read the full press release

Accenture Launches Global Campaign Highlighting Business Reinventions

(IN BRIEF) Accenture has announced the launch of its new global creative campaign, “Reinvented with Accenture,” showcasing the company’s collaborative efforts with clients to drive significant business transformations. Developed in partnership with Droga5, the campaign aims to spotlight innovative projects, … Read the full press release

BBVA Launches Miami Office for Latin American Wealth Management

(IN BRIEF) BBVA Global Wealth Advisors (GWA) recently inaugurated its Miami office, marking a strategic move to cater to high-net-worth Latin American clients seeking investment advisory services. With over 30 professionals, the Miami-based unit aims to provide tailored solutions to … Read the full press release

BBVA Exceeds Renewable Energy Goals and Reduces Carbon Footprint

(IN BRIEF) BBVA Group reports significant achievements in its environmental sustainability efforts, with 96 percent of its power consumption sourced from renewable energy in 2023, surpassing its 70 percent target for 2025. The bank also managed to reduce its carbon … Read the full press release

BBVA’s Successful €1 Billion Green Bond Issue Exceeds Demand

(IN BRIEF) BBVA’s issuance of a €1 billion seven-year green senior preferred bond on Friday garnered overwhelming demand, reaching €3.3 billion, indicating investor confidence in the bank’s sustainability initiatives. The final price was set at mid-swap plus 90 basis points, … Read the full press release

BBVA Shareholders Overwhelmingly Approve Agenda Items at Annual General Meeting

(IN BRIEF) BBVA shareholders demonstrated strong support for agenda items during the Annual General Meeting, with corporate management receiving 98.2 percent of votes and a historic quorum of 71 percent. Shareholders endorsed the appointment of Enrique Casanueva and Cristina de … Read the full press release

BBVA Expands Global Wealth Services with Miami-Based Entity

(IN BRIEF) BBVA Group announces the establishment of BBVA Global Wealth Advisors, Inc. in Miami, Florida, catering to high net-worth Latin American clients seeking international investment advisory solutions in the United States. The service targets non-US resident clients with assets … Read the full press release

BBVA Launches €781 Million Share Buyback Program as Part of Shareholders’ Distributions

(IN BRIEF) BBVA is set to commence a new share buyback program on Monday, March 4th, amounting to €781 million, following approval from the European Central Bank. This buyback, constituting part of the regular distributions for 2023, is a component … Read the full press release

Garanti BBVA Unveils Turkey’s Largest Banking Technology Center

(IN BRIEF) Garanti BBVA, a pioneer in shaping the future of the banking industry through technology, has inaugurated Garanti BBVA Technology, the largest tech center within the Turkish banking sector, also known as the “tech factory.” With a strategic focus … Read the full press release

BBVA Collaborates with Energy Tech Summit to Drive Climate Innovation in Bilbao

(IN BRIEF) BBVA announces its sponsorship of the upcoming Energy Tech Summit, Europe’s premier conference on entrepreneurship and climate venture capital, to be held for the first time in Bilbao on April 10th and 11th, 2024. With a focus on … Read the full press release

Innovation in Banking: Garanti BBVA Unveils Fingerprint-Enabled Payment Solution

(IN BRIEF) Garanti BBVA, a leading digital banking institution in Türkiye with 14 million customers, has unveiled the Bonus Platinum Biometric Card, revolutionizing secure payments. The card allows users to make purchases by scanning their fingerprint, enhancing security and convenience. … Read the full press release