In a hat trick, BBVA USA has been named the Best Treasury & Cash Management Provider in the Southwest Region by Global Finance magazine for the third time in a row.

Acquired by BBVA in 2016, the Finnish neobank Holvi will continue its activity led by one of his co-founders, Tuomas Toivonen.

Adding to the list of recognitions BBVA USA has received in the past few months, MyBankTracker listed BBVA USA in its Best of Banking Awards, naming it one of the Best South Regional Banks for 2021.

Aurora Garza-Hagan, CEO of BBVA Transfer Services, has been elected Chairperson of the Money Services Business Association (MSBA), a trade association focusing on the non-bank money services industry.

BBVA USA Bancshares, Inc., a Sunbelt-based bank holding company (BBVA USA), reported today net income of $334 million for the fourth quarter of 2020 compared to net income of $166 million in the third quarter of 2020 and a net loss of $331 million in the fourth quarter of 2019. Included in the fourth quarter of 2019 was a non-cash, goodwill impairment charge of $470 million. Excluding the impact of this non-cash charge, adjusted net income(1) for the fourth quarter of 2019 was $139 million. Return on average assets and return on average tangible equity(1) for the fourth quarter of 2020 were 1.27 percent and 14.38 percent, respectively.

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.

In 2020, the world saw the beginning of a global pandemic that created major ripple effects across the board, including the banking industry. As BBVA USA began to adapt, so did its Global Wealth team - an effort that saw a continued increase in Customer Net Promoter Scores via the bank’s Voice of the Client (VoC) Experience Program for the eighth year in a row.

BBVA has successfully closed the sale of its 100 percent share capital in BBVA Paraguay to Banco GNB Paraguay, a unit of Grupo Gilinski, after obtaining all required authorizations.

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.

In an interview posted on BBVA’s corporate website, Carlos Torres Vila takes stock of 2020 and offers his vision for next year. The Chairman assures that, despite its complexity, "it has been a year of relevant strategic achievements” and “we face 2021 with an unparalleled position of strength to invest in growth and to increase shareholder distributions".