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Mergers and acquisitions

15 Jun 2022

25 May 2022

Luisa Gómez Bravo, Global Head of BBVA Corporate & Investment Banking, is in attendance at the World Economic Forum held in the Swiss city of Davos and was one of the speakers at a round table on the mergers and acquisitions market titled 'Will the M&A Boom Last?'. After a record year of M&A deals in 2021, the current economic scenario augurs a decline in this market, due to its high exposure to the international geopolitical context. Even so, mergers and acquisitions continue to offer great opportunities in infrastructure, ESG projects and investment in real assets.

18 May 2022

01 Apr 2022

01 Jun 2021

20 Jan 2021

20 Dec 2019

18 Dec 2019

21 Jun 2019

26 Dec 2018

BBVA has signed an agreement to transfer a credit portfolio, which is composed by mortgages credits (mainly non-performing and in default), with an aggregate balance amounting to approximately €1.49 billion to Canada Pension Plan Investment Board (CPPIB). The transaction is part of BBVA’s strategy to reduce to the fullest its exposure to real estate risks in Spain.

06 Jul 2018

After obtaining the pertinent regulatory authorizations, BBVA Group has closed the sale of its 68.19% stake in BBVA Chile and other companies in the country to Scotiabank, for a total of about $2.2 billion. The transaction will yield capital gains of about €640 million and will have a positive impact on BBVA’s fully-loaded CET 1 capital ratio of about 50 basis points.

18 Jun 2018

12 Dec 2017

BBVA won the Spanish Company category of the third annual Spanish-Turkish Official Chamber of Commerce and Industry prizes, which recognize achievements in promoting mutual understanding between the two countries. At the event, Jorge Sáenz de Azcúnaga, BBVA’s Director of Country Monitoring, said BBVA’s Turkish subsidiary Garanti Bank is one of the pillars of the group’s transformation.

29 Nov 2017

BBVA today announced an agreement with a subsidiary of Cerberus Capital Management, L.P. (Cerberus) to create a joint venture (JV) for its real estate business in Spain, reducing almost entirely its exposure to non core real estate assets. On the closing of the operation, BBVA will sell an 80% stake in the JV to Cerberus for about €4 billion. The transaction marks a milestone in BBVA Group’s strategy.

28 Nov 2017

BBVA received a binding offer from The Bank of Nova Scotia (Scotiabank) for its 68.19% stake in BBVA Chile and other related businesses such as the life insurance arm for about $2.2 billion (1.85 billion euros)¹. The offer does not include the automobile financing activity of Grupo Forum, that will continue to be 100% owned by BBVA.

30 May 2017

The Corporate Finance business at BBVA started 2017 in as good as shape as it ended last year. In 2016, BBVA closed 18 deals in Spain, 10 in Mexico and six in Latin America. The start of 2017 was very busy, and the Bank "hopes to once again be the bank with the most closed deals in its core markets, especially in Spain and Mexico."

23 May 2017

BBVA is one of the 40 institutions that invested in the financial technology innovator R3, which just completed two of three tranches in its Series A fundraising round. It raised a total of 107 million. With this investment, BBVA seeks to reinforce its commitment to R3, the largest consortium of global financial institutions collaborating to develop an industry platform and commercial applications for DLT.

24 Apr 2017

 - Openpay is a Mexican startup that offers an advanced platform of physical and electronic payments for businesses. Created with software developers in mind, the platform offers a wide range of online payment solutions and functionalities, outstanding among which are its sophisticated anti-fraud models.

Currently, Openpay has a network of more than 15,000 payment reception points in Mexico, connected in real time through its Paynet network, and manages more than one million transactions a month. The Openpay platform is used by more than 1,000 businesses in Mexico, from startups to SMEs and large corporate clients.

- The synergies between BBVA Bancomer and Openpay will multiply the commercial capacities of both companies, complement their catalogue of products for corporate clients and allow them to strengthen their payment solutions.

- BBVA Bancomer supports the entrepreneur ecosystem through its Innovation Center and propels fintech companies with its Open Talent (OT) competition. It also promotes direct associations with startups to validate their business models and offers financial services to benefit customers. Openpay was a finalist in Open Talent 2015, in an event that involved 652 projects from 63 countries and close to 200 experts.

22 Mar 2017

16 Mar 2017

20 Feb 2017

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BBVA has agreed to acquire 9.95% of Turkiye Garanti Bankasi from Dogus Group for approximately a total of 3.32 billion Turkish lira (€859 million), increasing its stake in Turkey’s largest bank by market capitalization to 49.85%. The acquisition of the additional stake would boost BBVA Group’s net attributable profit by about €165 million in 2018, according to analysts’ consensus for Garanti’s earnings.

16 Feb 2017

The BBVA Group sold a 1.7% stake in CNCB in the market for about €554 million,  with net capital gains of about €177 million and thus concluding the sale of nearly its entire stake in the Chinese bank. Since the beginning, the investment in CNCB as a whole has generated a positive cash flow for BBVA of about €1.3 billion.

23 Dec 2016

As part of its ongoing efforts to accelerate transformation by growing its portfolio of digital businesses, BBVA has signed an agreement to acquire Mexican startup Openpay, a company that offers a broad range of advanced online payments solutions and functionalities.

27 Oct 2016

-Income: Positive trends in recurring revenues (NII plus fees and commissions) continued between January and September, boosting gross income to €18.43 billion (+5.1% y-o-y)

-Risks: The Group's NPL ratio remained stable and stood at 5.1% at the end of September, the same level as in December 2012, while the coverage ratio was 72%

-Capital: BBVA achieved its 2017 capital goal ahead of schedule. The fully-loaded CET1 ratio stood at 11%, with a capital generation of 29 basis points in the quarter

-Transformation: BBVA’s digital customer base stood at 17.2 million (+20% in the past year). Of these, 11 million are mobile customers (+41%)

The BBVA Group earned €2.8 billion between January and September 2016, up 64.3% from the same period a year earlier. Stripping out the impact of corporate operations and currency fluctuations, growth reached 15.0%. Net attributable profit rose to €965 million in the third quarter.

18 Apr 2016

BBVA Colombia is 60 years old: six decades dedicated to promote economic growth. We review its history from the livestock fairs, the first office and its growth par with the needs of Colombian people, to become a model of innovation in the financial sector.

05 Apr 2016

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Mark Mullen, Atom’s CEO said: “This is the start of a remarkable transformation of the banking landscape for everyone. Atom aims to offer a genuine alternative to the traditional banks that dominate the UK banking landscape.  Our approach will be to constantly evolve and extend our offering, with monthly updates to our app and a dedication to providing a better value, greater transparency and a much more innovative banking experience.”

24 Nov 2015

30 Oct 2015

07 Oct 2015

BBVA has obtained authorization from the Central Bank of UAE to open a Representative Office in Abu Dhabi to provide support for the bank’s large customers and institutional clients. The new office to be located on the 23/F, Tower 1, Sowwah Square, marks BBVA’s first entry into the Middle East and will mainly provide support for the global markets business.

27 Jul 2015

BBVA is now the leading shareholder in Garanti, Turkey's largest bank in terms of market capitalization. After completing the transaction announced last November to acquire an additional 14.89% holding, the BBVA Group now owns to 39.90% of Garanti. Francisco González is in Istanbul due to the closing of the transaction and the appointment of the new Garanti CEO.