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        <title>Corporate Governance Report - NEWS BBVA</title>
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        <description>NEWS BBVA</description>
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                    <title>BBVA publishes its annual compensation report for board members</title>
                    <link>https://www.bbva.com/en/bbva-publishes-its-annual-compensation-report-board-members/</link>
                    <pubDate>Wed, 14 Feb 2018 07:30:07 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[Blanca González del Fresno]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Annual reports]]>
                            </category>
                                                    <category>
                                <![CDATA[Carlos Torres Vila]]>
                            </category>
                                                    <category>
                                <![CDATA[Corporate Governance Report]]>
                            </category>
                                                    <category>
                                <![CDATA[Corporate information]]>
                            </category>
                                                    <category>
                                <![CDATA[Corporate policy]]>
                            </category>
                                                    <category>
                                <![CDATA[Francisco González Rodríguez]]>
                            </category>
                                                    <category>
                                <![CDATA[Management staff]]>
                            </category>
                                                    <category>
                                <![CDATA[Significant events]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/?p=416651</guid>
                                            <description>
                            <![CDATA[<ul>
 	<li><strong>Good results</strong>: In 2017, the BBVA Group posted a net attributable profit of €3.52 billion (+1.3%). Excluding the accounting adjustment of Telefónica and the capital gains from extraordinary corporate operations, net profit in 2017 was €4.29 billion, up 23.3% from a year earlier. The main drivers behind this result were a positive performance of recurring revenue, cost containment efforts in operating expenses and an effective risk management strategy</li>
 	<li><strong>Group Executive Chairman</strong>: Total remuneration of BBVA Executive Chairman for 2017 was €5.8 million, up 18% from 2016. The Chairman’s variable compensation rose 12% compared to the previous year. The deferred variable remuneration is subject to multi-annual indicators, based on which remuneration can be reduced or taken to zero, never increased. It also includes a Malus clause that could limit or prevent its collection, and clawback clauses intended to reduce or reclaim already paid amounts</li>
 	<li><strong>CEO</strong>: Carlos Torres Vila’s total remuneration was €4.9 million in 2017. HIs variable compensation is also subject to the same deferral period and conditions as that of the Chairman</li>
</ul>]]>
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                        <content:encoded>
                            <![CDATA[<ul>
 	<li><strong>Good results</strong>: In 2017, the BBVA Group posted a net attributable profit of €3.52 billion (+1.3%). Excluding the accounting adjustment of Telefónica and the capital gains from extraordinary corporate operations, net profit in 2017 was €4.29 billion, up 23.3% from a year earlier. The main drivers behind this result were a positive performance of recurring revenue, cost containment efforts in operating expenses and an effective risk management strategy</li>
 	<li><strong>Group Executive Chairman</strong>: Total remuneration of BBVA Executive Chairman for 2017 was €5.8 million, up 18% from 2016. The Chairman’s variable compensation rose 12% compared to the previous year. The deferred variable remuneration is subject to multi-annual indicators, based on which remuneration can be reduced or taken to zero, never increased. It also includes a Malus clause that could limit or prevent its collection, and clawback clauses intended to reduce or reclaim already paid amounts</li>
 	<li><strong>CEO</strong>: Carlos Torres Vila’s total remuneration was €4.9 million in 2017. HIs variable compensation is also subject to the same deferral period and conditions as that of the Chairman</li>
</ul>]]>
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                                                        </item>
            
                                <item>
                    <title>New technologies accelerate the digital transformation of corporate governance</title>
                    <link>https://www.bbva.com/en/new-technologies-accelerate-digital-transformation-corporate-governance/</link>
                    <pubDate>Thu, 13 Jul 2017 23:52:57 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[Carmen Álvarez]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Corporate governance]]>
                            </category>
                                                    <category>
                                <![CDATA[Corporate Governance Report]]>
                            </category>
                                                    <category>
                                <![CDATA[Corporate information]]>
                            </category>
                                                    <category>
                                <![CDATA[Corporate policy]]>
                            </category>
                                                    <category>
                                <![CDATA[Financial regulations]]>
                            </category>
                                                    <category>
                                <![CDATA[Financial reports]]>
                            </category>
                                                    <category>
                                <![CDATA[Financial system]]>
                            </category>
                                                    <category>
                                <![CDATA[Innovation]]>
                            </category>
                                                    <category>
                                <![CDATA[Shareholder report]]>
                            </category>
                                                    <category>
                                <![CDATA[Shareholders]]>
                            </category>
                                                    <category>
                                <![CDATA[Shareholders' meeting]]>
                            </category>
                                                    <category>
                                <![CDATA[Significant events]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/en/?p=337506</guid>
                                            <description>
                            <![CDATA[The European Commission just unveiled a new directive on corporate governance, and more specifically on shareholders' rights, which will have to be transposed nationwide by June 2019. The Commission’s initiative serves a dual purpose:  It wants to promote the use of new technologies in the corporate governance of companies while increasing the commitment to transparency among institutional investors, asset managers and the companies in which they invest.]]>
                        </description>
                        <content:encoded>
                            <![CDATA[The European Commission just unveiled a new directive on corporate governance, and more specifically on shareholders' rights, which will have to be transposed nationwide by June 2019. The Commission’s initiative serves a dual purpose:  It wants to promote the use of new technologies in the corporate governance of companies while increasing the commitment to transparency among institutional investors, asset managers and the companies in which they invest.]]>
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                                                        </item>
            
                                <item>
                    <title>BBVA releases the online report ‘BBVA in 2015’, covering financial and non-financial information on the Group</title>
                    <link>https://www.bbva.com/en/bbva-releases-the-online-report-bbva-in-2015-covering-financial-and-non-financial-information-on-the-group/</link>
                    <pubDate>Mon, 14 Mar 2016 06:58:48 +0000</pubDate>
                    <dc:creator>
                        <![CDATA[No utilizar]]>
                    </dc:creator>
                                                                        <category>
                                <![CDATA[Annual accounts]]>
                            </category>
                                                    <category>
                                <![CDATA[Banking]]>
                            </category>
                                                    <category>
                                <![CDATA[Corporate governance]]>
                            </category>
                                                    <category>
                                <![CDATA[Corporate Governance Report]]>
                            </category>
                                                    <category>
                                <![CDATA[Corporate reputation]]>
                            </category>
                                                    <category>
                                <![CDATA[Corporate Responsibility]]>
                            </category>
                                                    <category>
                                <![CDATA[Economy]]>
                            </category>
                                                    <category>
                                <![CDATA[Financial reports]]>
                            </category>
                                                    <category>
                                <![CDATA[Financial system]]>
                            </category>
                                                    <category>
                                <![CDATA[Francisco González Rodríguez]]>
                            </category>
                                                    <category>
                                <![CDATA[Organisation chart]]>
                            </category>
                                                    <category>
                                <![CDATA[Responsible banking]]>
                            </category>
                                                    <category>
                                <![CDATA[Responsible Business Plan]]>
                            </category>
                                                    <category>
                                <![CDATA[Shareholder report]]>
                            </category>
                                                    <category>
                                <![CDATA[Shareholders]]>
                            </category>
                                                    <category>
                                <![CDATA[Shareholders' meeting]]>
                            </category>
                                                    <category>
                                <![CDATA[Transformation]]>
                            </category>
                                                                <guid isPermaLink="false">https://www.bbva.com/en/?p=295795</guid>
                                            <description>
                            <![CDATA[BBVA moves ahead in its transformation process, or “transformation journey”, with the publication of its online annual report <em>BBVA in 2015</em> covering all the financial and non-financial information on the Group. Following the approval of the 2015 annual accounts at the Annual General Meeting, the bank provides its shareholders and investors the most relevant information from the year in an innovating digital format. With a modern design and the latest trends in navigation and usability, the report presents the bank’s strategy and covers all the year’s management information in a simple and intuitive manner.

<strong> </strong>]]>
                        </description>
                        <content:encoded>
                            <![CDATA[BBVA moves ahead in its transformation process, or “transformation journey”, with the publication of its online annual report <em>BBVA in 2015</em> covering all the financial and non-financial information on the Group. Following the approval of the 2015 annual accounts at the Annual General Meeting, the bank provides its shareholders and investors the most relevant information from the year in an innovating digital format. With a modern design and the latest trends in navigation and usability, the report presents the bank’s strategy and covers all the year’s management information in a simple and intuitive manner.

<strong> </strong>]]>
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