Carlos Torres Vila, Group Executive Chairman:

Garanti Bankası A.Ş., announced its financial statements on December 31, 2020. Based on the consolidated financials, in 2020, the bank’s net income recorded was TL 6 billion 385 million 163 thousand. Asset size realized at TL 540 billion 912 million 805 thousand and the bank’s contribution to the economy through performing cash and non-cash loans reached TL 415 billion 799 million 688 thousand.

By Alexis Barton

As integration planning efforts continued—and almost one month after PNC’s acquisition of BBVA’s U.S. subsidiary was announced— BBVA USA team members across the bank began to be introduced to PNC’s leaders and structure in a series of virtual town halls. The events kicked off the week of Dec. 14 and are scheduled to continue through January.

BBVA is a global brand. As our tagline says, the bank works to “bring the age of opportunity to everyone.” And in these times, more than ever, a world of opportunities are in the digital world. That is where we navigate trying to tell the best stories of a journey that BBVA.com began five years ago. During the months of March and April 2020, BBVA’s corporate website broke its record for monthly users thanks to a new content section on COVID-19, which signaled the enormous audience interest in information related to the pandemic.

Contact Center World, one of the most prestigious call center associations in the world, presented Garanti BBVA first prize in the categories for the best call center and best customer service in the Europe, Middle East and Africa (EMEA) region.

Türkiye Garanti Bankası A.Ş., recently reported its financial results as of September 30, 2020. Based on the consolidated financials, the bank’s net income in the first nine months of the year was 5.24 billion Turkish lira. Assets totaled 525.91 billion Turkish lira, and the bank’s contribution to the economy through cash and non-cash loans was 400.38 billion Turkish lira. Deposits continued to be the main source of funding, as 66 percent of assets were funded via deposits.

BBVA Executive Chairman Carlos Torres Vila has described the European recovery plan (Next Generation EU) as “a landmark opportunity for Spain.” He asserted that “if the aid is complemented by appropriate reforms, Spain could put an end to its elevated structural unemployment, which has hovered above 16 percent over the last four decades, while laying the foundations of an economy based on green and digital growth, a data-driven economy.”

Twelve months ago, BBVA announced the worldwide unification of its brand and logo. A year later, the deployment of the new brand is well-entrenched across the Group’s footprint in both its physical and digital assets.

Falsehood, lie, fallacy, insidiousness, post-truth. There are a multitude of synonyms to refer to the term that continues to fill social networks and the media: ‘fake news’.

BBVA is operating as normal after activating additional measures on Tuesday following the recommendations made by the Ministry of Health and the Madrid and Basque regional governments, and after an employee at the bank’s Madrid headquarters tested positive for coronavirus (COVID-19). Following this positive case, the bank has closed the area where the employee worked, as well as some common spaces as a preventive measure. The rest of the bank’s facilities are operating as normal.

Commercial banking veteran Orlando Castañeda has been named BBVA USA McAllen City President, where he will lead all Commercial operations in the market.

In response to a statement released by three Spanish press associations, BBVA states that it deeply respects the work of the media and their important role in society, and therefore, it rejects any practice that infringes their fundamental rights, the freedom of information and the freedom of speech.

BBVA is a large company with lots of stories to tell – so many that four year ago, bbva.com was born. The platform serves to give life to the countless things that a group with a 160 year history and a presence in over 30 countries does.

Javier Rodríguez Soler, BBVA USA President and CEO, has been listed as one of The Business Journal’s most notable national financial executives, an annual feature which spotlights 100 executives across the country.

BBVA USA announced today that Susana Valencia has been named its Texas Border and Gulf Coast CEO, promoting a long-time bank employee and leader.

Garanti BBVA has been the lead sponsor of Turkey’s winning national wheelchair basketball team since 2001. This year the team won the bronze at the European Championships recently held in Poland.

Garanti BBVA continues to contribute to the Turkish national economy by providing exporters the expert guidance they need to break into new markets.

Garanti BBVA Partners, an initiative launched by Garanti BBVA to support the entrepreneurial ecosystem, has announced its new activities and participants. The initiative champions the transformation of innovative ideas into sustainable enterprises and provides concrete support to this end.

BBVA is unifying its brand across its footprint. Customers will see this change taking place progressively in the Group’s mobile apps, transactional websites, its almost 8,000 branches across the world and its corporate headquarters.

BBVA’s new brand  has now been rolled-out across all the countries within the bank’s footprint. The process of deploying the new corporate image will continue for the next six to twelve months, reaching all channels, both physical and virtual, and all customer touchpoints.

Why a change now? When will I receive a card with the new logo? Will my local branch change? What new services will be offered in my country? Will I see changes in the mobile banking app? If you don’t want to miss out on what the new BBVA brand offers you, keep reading.

A company like BBVA has many stories to tell, and the objective is always to find a way to share our stories with as many people as possible. This is why we have been developing a voice content strategy linked to podcast programming for more than a year.

BBVA USA today announced that it has named Kevin McMahon as its new U.S. Head of Engineering, where he will be responsible for the company’s overall information technology strategy.

We live in times of rapid change. And in this age of change, we refuse to just sit with the audience as mere spectators; we want to be in the spotlight, we want to play a leading role in this digital revolution, in this reality that demands us to be able to quickly adapt. It is in this context of relentless transformation that has prompted BBVA Research to launch new website: more user-friendly, with expanded features and a responsive design that adapts to any browsing device.

BBVA will become the Group’s name globally. The bank will discontinue the local names in Argentina (Francés), Mexico (Bancomer), Peru (Continental), and the United States (Compass) in the coming months. Garanti, the Group’s franchise in Turkey, will change its name to Garanti BBVA.

BBVA has reached a new milestone in the world of podcasting, as it has launched its first English podcast, known as The Mind Bank by BBVA USA.

BBVA Compass’s Treasury Management team realized significant milestones in 2018. Global Finance magazine, and the experts it surveyed, recently took notice as the publication named the bank as the Top Treasury and Cash Management Provider in the Southwest for 2019.

BBVA Compass has appointed Hector Chacon as its new Global Wealth Executive, promoting a long-time employee who has held multiple positions prior to his new role.

BBVA Compass announced Thursday that it will provide financial relief for clients directly impacted by the current federal government shutdown.

BBVA Compass has appointed banking industry veteran Heather Sanchez as its new Ontario City President, where she will lead the market’s commercial banking operations and manage the local advisory board.

BBVA Compass has appointed banking industry veteran Dillan Knudson as its new Austin CEO, where he will lead the market’s commercial banking operations, local Global Wealth team, and small business banking and manage the local advisory board.

The market for influencers is in full expansion mode. This trend has proven to be an opportunity not only for the influencers themselves – or those who aspire to become one – but also for companies that see an opportunity to promote their products or services.

After ten years with BBVA Group, the last three and a half as CEO, Carlos Torres Vila is expected to replace Francisco González as the bank’s executive chairman on January 1, 2019. We spoke with Carlos about his vision and future plans for the Group.

These decentralized applications use blockchain so that users can interact directly among themselves and close deals without the involvement of a central management service.

BBVA realized a few years ago that it wouldn’t be able to tackle its strategic transformation alone, and decided to establish a series of strategic partnerships with a number of industry leaders.

BBVA is a global brand. BBVA’s purpose is to “bring the age of opportunity to everyone.” And today, opportunities lie in the digital world.  And this is where we strive, trying to tell the best stories about our journey. That is why we’re reinventing ourselves and introducing the new bbva.com

The BBVA Compass Foundation has announced that it will donate $2,500 to the Santa Fe Texas Education Foundation, Inc. to aid in recovery efforts in the wake of the recent tragedy at Santa Fe High School.

Innovation in communications is becoming increasingly important and necessary. BBVA’s ‘own voice’ project through BBVA.com has been shortlisted by ‘Digiday Media Awards Europe’ as one of the best new websites displaying an impressive performance in terms of editorial approach, quality and growth. These awards seek to pay tribute to companies working to modernize and improving media in Europe.

BBVA today announced a reorganization of its Customer Solutions area led by its Global Head Derek White. The move aims to foster the development of innovative solutions for the Group’s clients and customers, the promotion of disruptive initiatives, while accelerating the bank’s transformation.

Francisco González, Group Executive Chairman

• Transformation: “We’ve reached a digital tipping point. In six countries more than 50 percent of customers are digital”
• Dividend: “Our earnings in 2017 allow us to maintain a very solid stream of dividends, with a clear, predictable and sustainable remuneration policy”

• Principles: “We’ve gone through a deep financial crisis and BBVA emerged from it with a very strong reputation”

Carlos Torres Vila, CEO

• Evaluation: “In 2017 we accelerated our transformation, making great strides in the digitization of our business with a huge impact in terms of sales and customer loyalty and satisfaction”

BBVA’s presence in Switzerland dates back 25 years – a quarter century during which the bank has accompanied its clients, advising them on the management of their wealth and the diversification of their investments. It’s the only bank in the BBVA Group devoted exclusively to private banking, offering a superb value proposition in international asset management.

Sir Elton John and David Furnish will host the Elton John AIDS Foundation (EJAF)’s 26th annual Academy Awards Viewing Party on Sunday, March 4, 2018, at West Hollywood Park in Los Angeles. BVLGARI is the gala event’s generous Presenting Sponsor.

At BBVA, new digital solutions for customers are constantly being developed. The bank´s affiliates in Mexico, Peru and Chile are launching new tools for personal finance, implementing the use of the digital signature for contracting loans, and adding new functions to their cell phone apps.

Christmas and New Year’s are coming and with them, new resolutions and new dreams.  BBVA wants to celebrate these holidays by recalling that opportunities are within everyone’s reach, in line with the company’s corporate purpose: “To bring the age of opportunity to everyone. “

Garanti Bank on November 22 has successfully refinanced its 367-day Dual Currency Term Loan Facility dated November 23, 2016 with a 100% rollover ratio. The new Facility is comprised of $405.0 million and €648.5 million 367-day tranches and a $180.0 million two-year tranche.

In April 2010, when smartphone penetration was still very low in Argentina, BBVA Francés launched an innovative communication channel to be closer to its customers. FrancésGo was the first mobile channel in the financial sector. It allowed customers to obtain information about BBVA Francés card promotions by text message (SMS that all types of devices could receive), segmented by area, type and brand. At the time, customers had to send the word “GO” to a four-digit number. And that’s how it all started.

ShareAction, one of the most important observers of responsible investing, has published a study on the 15 biggest European banks, analyzing how we manage the risks and opportunities related to climate change. This study follows the guide for investors on discussing climate change with their bank that was published a few months ago.