Close panel

Close panel

Close panel

Close panel

Miriam Garzón

18 Dec 2018

26 Jun 2018

28 May 2018

27 Dec 2017

BBVA continued leading the way to innovation in Latin America during 2017, becoming the region’s digital bank par excellence. That distinction was confirmed by Global Finance magazine, which judged BBVA’s mobile banking app to be the best in Latin America. BBVA’s local franchises in the region have set the pace in the development of products and services which, just as in the case of mobile banking, aim to make their customers’ lives easier and deliver on the Group’s intent to bring the age of opportunity to everyone.

12 Dec 2017

30 Jan 2017

06 Oct 2016

22 Sep 2016

BBVA now has 16 million digital customers, up 21% from the first half of last year, and 10.2 million mobile customers, up 45% year-on-year. The bank is also developing a wide range of products and services, including digitized traditional products like mortgages, insurance and loans, as well as native products like Wallet, Link and Wibe.

19 Apr 2016

After enduring over 40 civil wars during the 19th century, the 20th century brought the rise of the guerilla warfare to Colombia. Today, in the midst of the 21st century, the country still does not know what it means to live in peace. But hope remains alive today more than ever, thanks to the strides made in the negotiation process that Juan Manuel Santos’ government is holding with the two only guerrillas that remain active in the country, and in Latin America at large: The FARC or Revolutionary Armed Forces of Colombia and the ELN or National Freedom Army. Signing a final deal with these two groups would mean the end of one of the world’s longest-running conflicts in the world.

Negotiations between Juan Manuel Santos’ government and the Fuerzas Armadas Revolucionarias de Colombia (FARC) began in 2012. Talks with the Ejército de Liberación Nacional (ELN) will start in May. It has been a long, complicated peace process. While a definitive peace agreement is still pending, the steps taken so far can be considered milestones in Colombia’s history.

04 Feb 2016

Central banks in Latin America are finding it particularly difficult to meet their target of low and stable inflation, since many countries are facing at the same time problems of high inflation (fueled by the depreciation of the exchange rate) and low economic growth.

27 Jan 2016

Brazil’s economic recession may end up affecting all other Latin American countries, especially its closest neighbors: Argentina, Uruguay and Paraguay. The negative effects of this situation will be mostly felt on trade but they will also impact tourism, foreign direct investment (FDI), and fund flows, among others. However, according to BBVA Research, the general effect of Brazil’s negative circumstances is not strong enough to bring a crisis situation to other countries in the region.

21 Jan 2016

Brazil, the biggest economy in Latin America, is facing a political and economic crisis that is keeping the country in recession and will extend over 2016. We talked about the economic situation and outlook for the country with Enestor Dos Santos, economist at BBVA Research for Brazil, who explained that if the situation is to be normalized it is important to resolve the political situation first. This will reduce uncertainty, generate more stability and enable the right decisions to be made to allow the country to grow again. However, he clarifies that recovery from this economic recession will start gradually in 2017 and gather strength after the 2018 elections.

07 Jan 2016

The commodities boom has reached its end, impacting strongly on Latin American economies. Fiscal balances have been affected by lower currency revenue, currencies have devalued significantly, with the subsequent fall in the value of exports, and the exchange rate effect has led to a rise in inflation.  It has also had a negative impact on GDP growth that could become more pronounced if prices fall further in 2016.

05 Jan 2016

Economic recovery, balancing national budgets and controlling inflation are just some of the challenges facing Latin American countries in the coming year. After a less than dynamic 2015, it is hoped that 2016 will see a return to economic growth, though this is one objective which will not be easy to achieve.

30 Dec 2015

2015 saw a number of key events in Latin America; but perhaps the most important occurred in the political arena with the change of government in Argentina, the National Assembly election results in Venezuela, and the progress made in the peace process in Colombia. These marked out a new direction for the countries in question and could have possible repercussions on the region’s economy.