The Group’s foundations are non-profit organisations, created with the specific goal of contributing to the comprehensive development of society. BBVA has six foundations:

• BBVA Foundation (Spain),  focusing on research and the promotion of scientific knowledge in the fields of Social Sciences, Health Sciences and Environmental Sciences.

• BBVA Bancomer Foundation (Mexico),  centring its activity on the development of Mexican society within the social, educational, artistic and cultural spheres.

• BBVA Provincial Foundation (Venezuela),  its aim being the pursuit of social progress in Venezuela, particularly in the fields of education and culture.

• BBVA Banco Francés Foundation (Argentina),  geared towards improving the quality of life in Argentina by encouraging business activity, reinforcing the service sector and promoting art and culture.

• BBVA Banco Continental Foundation (Peru),  seeking to promote the country’s social and cultural development, paying special attention to the plastic arts. 

• BBVA Microfinance Foundation is a non profit organization. It started with the aim to provide the access to credit and financial activity of the most disadvantaged in society, across the creation of a Network of specialized microfinance entities, mainly in Latin America. 

     For more detailed information, please consult the chapter Community  Involvementon our Corporate Responsibility Report 2007.