(IN BRIEF) From Bonn to Bilbao, Europe’s AI scene is buzzing with innovation. Major players like Deutsche Telekom, Ericsson, and Volkswagen are pushing boundaries through groundbreaking partnerships and integrations. Projects like NextGen are personalizing therapies using AI, while collaborations between … Read the full press release
Posted in Artificial Intelligence (AI), Automotive, Banks, Business, Financial, France, Germany, Healthcare, Internet & Online, Ireland, Netherlands, Pharma & Biotech, Romania, Science, Security & Safety, Spain, Switzerland, Technology, Telecom, United Kingdom
Tagged 5G services, ABB, Accenture, AI, AI IN JAN 2024, AI innovation, AI safety, AI solutions, AI Supercomputers, AI-powered assistants, AI-Powered MBUX Virtual Assistant, Aurora Labs, aws, BBVA, ChatGPT, Deutsche Telekom, Ericsson, Europe's AI scene, Fetch.ai, generative AI, Infineon, Ipsotek, Laura voice assistant, Mercedes-Benz, Meshmind, NextGen, NVIDIA, QuantHealth, Siemens, ŠKODA AUTO, Swisscom, The AI Governance Alliance, Volkswagen
(IN BRIEF) BBVA is exploring the potential of generative artificial intelligence for enhancing organizational processes and customer value. To equip its in-house talent with the skills needed to harness large language models (LLMs), BBVA organized a DataRally competition in which … Read the full press release
(IN BRIEF) BBVA in Colombia has awarded university scholarships to the children of micro-entrepreneur clients of Bancamía across the country. These scholarships are a testament to the resilience, creativity, and determination exhibited by the parents of these students. Mario Pardo … Read the full press release
Posted in Banks, Business, Education, Financial, Industrial, Investment, Management, News, Non Profit, Small Business, Society, Spain
Tagged Awards, BBVA, Children in Need, Colombia, Education, Financial, Mario Pardo Bayona, micro-entrepreneurs, partnership, sustainability, University Scholarships
(IN BRIEF) BBVA, with over 750,000 retail shareholders, places a strong emphasis on creating value for its individual investors who collectively hold 39.3 percent of the bank’s shares. The remaining shares are owned by institutional investors, including investment and pension … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Retail, Spain
Tagged BBVA, Financial, investment, Retail Shareholders, Rewarding
(IN BRIEF) Iberdrola, a major energy company, has secured a €5.3 billion credit facility in its largest-ever financing deal. This credit line, signed with 33 international banks, is linked to sustainability objectives, including reducing greenhouse gas emissions by 2030 and … Read the full press release
Posted in Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Spain
Tagged BBVA, credit facility, credit line, ESG objectives, green financing, Iberdrola, Ignacio Galán, reduction of greenhouse gas emissions, sustainability objectives, sustainable financing
(IN BRIEF) For the fourth year in a row, BBVA has been recognized as Europe’s most sustainable bank in the Dow Jones Sustainability Index (DJSI), a leading global sustainability ranking. The bank received a total score of 84 out of … Read the full press release
Posted in Awards, Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Spain
Tagged Awards, BBVA, Dow Jones Sustainability Index, Europe, Javier Rodríguez Soler, sustainability, Sustainable Bank
(IN BRIEF) Garanti BBVA has revealed its dedication to supporting renewable energy initiatives with a €36.1 million financing agreement for the Işıklar Wind Power Plant, facilitated through BBVA’s Turkish unit in partnership with Dost Enerji. The wind power project will … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, Turkey
Tagged BBVA, Dost Enerji, Garanti BBVA, Işıklar Wind Power Plant, Mahmut Akten, partnership, Renewable Energy Expansion, sustainability, Turkey
(IN BRIEF) BBVA in Colombia has reported substantial growth in its sustainable lending activities between January and August 2023. The bank granted 3.8 billion pesos in sustainable loans, with $2.4 billion directed towards inclusive growth projects and $1.4 billion allocated … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Spain
Tagged BBVA, Climate Action, Colombia, partnership, sustainability, Sustainable Lending
(IN BRIEF) BBVA has partnered with the ‘Cleantech for Iberia’ initiative to accelerate the development of clean technologies in Spain and Portugal. The initiative aims to establish the Iberian Peninsula as a leading hub in the cleantech sector and has … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Portugal, Spain, Technology
Tagged BBVA, Bianca Dragomir, Cleantech for Iberia, Green Innovation, partnership, PORTUGAL, Spain, sustainability, Victoria Mozos
(IN BRIEF) BBVA, a global financial institution, is investing €23.6 million (approximately $25 million) in the Decarbonization Partners Fund I, bringing its total investment in climate-related funds to €108.4 million. The bank views sustainability as a significant business opportunity and … Read the full press release
(IN BRIEF) BBVA, with a robust capital position boasting a fully-loaded CET1 ratio of 12.99 percent as of June 2023, has announced its intention to initiate a new share buyback program worth €1 billion. This program is considered an extraordinary … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, Spain
Tagged BBVA, Financial, investment, Share Buyback Program, shareholder
(IN BRIEF) BBVA, a prominent financial institution, has made history by providing the first sustainable corporate loan to a mining company in Peru. The $200 million ‘Club Deal’ facility benefits mining companies Ares and Amarillo Mineraçao do Brasil. This groundbreaking … Read the full press release
(IN BRIEF) BBVA has introduced new API connectivity for its treasury solutions, significantly reducing integration times for BBVA Pivot Connect by 80 percent. The initial set of APIs available on BBVA Pivot allows companies to manage supplier payments, track international … Read the full press release
Posted in Banks, Business, Financial, Management, Spain
Tagged API, BBVA, BBVA Pivot Connect, business management solutions, Clara García Benedito, treasury solutions
(IN BRIEF) On Monday, BBVA initiated the issuance of a $750 million contingent convertible (CoCo) bond in dollars, registered under the U.S. Securities and Exchange Commission (SEC). This CoCo bond, with a six-year amortization option, carries an initial price of … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, Spain
Tagged BBVA, CoCo bond, Contingent Convertible Bond, Financial
(IN BRIEF) BBVA, the first bank in Spain to do so, has launched a new Bizum service that allows its customers to conveniently register and log in at online retailers and service providers. This feature streamlines the registration and access … Read the full press release
Posted in Banks, Financial, Industrial, Internet & Online, Management, News, Retail, Spain, Technology
Tagged BBVA, Bizum, Customer Interaction, INNOVATION, Online Access
(IN BRIEF) The European Investment Fund (EIF), a part of the EIB Group, has joined forces with the European Investment Bank (EIB) and the Instituto de Crédito Oficial (ICO) to invest in asset-backed securities (ABS) issued by BBVA. This collaborative … Read the full press release
Posted in Banks, Business, Financial, Investment, Small Business, Spain
Tagged BBVA, climate change mitigation, European Investment Bank, European Investment Fun, Green Projects, ICO, Instituto de Crédito Oficial, José Carlos García de Quevedo, Luisa Gómez Bravo, Marjut Falkstedt, REPowerEU, Ricardo Mourinho Félix, The EIB Group
(IN BRIEF) The European Investment Bank (EIB) and the Instituto de Crédito Oficial (ICO) have invested in asset-backed securities (ABS) issued by BBVA to support Spanish small and medium-sized enterprises (SMEs) and mid-caps. The investment aims to address working capital … Read the full press release
Posted in Banks, Business, Financial, Investment, Luxembourg, Small Business, Spain
Tagged ABS, asset-backed securities, BBVA, European Investment Bank, European Investment Fund, Green Projects, ICO, Instituto de Crédito Oficial, José Carlos García de Quevedo, Luisa Gómez Bravo, Marjut Falkstedt, Ricardo Mourinho Félix, SMEs, The EIB Group
(IN BRIEF) BBVA in Colombia and Bancamía, an entity of the BBVA Microfinance Foundation, have announced that the Transforming Realities Scholarship will support 100 vulnerable young people in Colombia to pursue university studies. The initiative benefits the children of Bancamía’s … Read the full press release
Posted in Financial, Management, News, Spain
Tagged BBVA, Carlos Torres Vila, Colombia, Mario Pardo, Mario Pardo Bayona, Microfinance Foundation, scholarship, Viviana Araque Mendoza, YOUTH
(IN BRIEF) The European Investment Fund (EIF) and BBVA have signed an agreement under the InvestEU guarantee program to provide a €200 million guarantee to help BBVA’s specialised startup initiative, BBVA Spark, support startups with innovative and sustainable value propositions. … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, Financial, Investment, Luxembourg, Small Business, Spain, Technology
Tagged BBVA, BBVA Spark, digitalisation, EIF, InvestEU, Marjut Falkstedt, Paolo Gentiloni, Ricardo Mourinho Félix, Roberto Albaladejo, SMEs, Startups, sustainability, Technology Startups, The European Investment Fund
(IN BRIEF) BBVA receives 2023 Gallup Exceptional Workplace Award for commitment to corporate culture and talent development. The award recognizes companies that excel in creating exceptional work environments and developing their workforce. BBVA was chosen as one of the leading … Read the full press release
Posted in Awards, Banks, Business, Management, News, Spain
Tagged 2023 Gallup Exceptional Workplace Award, Award, BBVA, Carlos Casas, corporate culture, Gallup, Jon Clifton, Spain, talent development, workplace
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