01 Jun 2021
Garanti BBVA is a firm believer that financial health is a prerequisite for a better life. As such, monitoring the financial health of its customers has become a priority social responsibility for the bank.
02 Jul 2020
14 Feb 2020
Pillar No. 1
BBVA believes that banks play a key role in the future of society, particularly in how they address the social and environmental challenges we all face.
08 Oct 2019
18 Sep 2019
Good financial health is a growing and serious concern. Individuals who exhibit financial vulnerability may spread negative effects to their households, compromising their well-being. It is therefore critical to understand financial health and the extent to which it can contribute to improved financial resilience. According to a recent report by BBVA Research, digitalization and financial education are key elements to be included in any public or private measures intended to help improve individual financial resilience.
08 Aug 2019
15 Jul 2019
We interview Anne Phan,
04 Jul 2019
Flore-Anne Messy, the Head of the Insurance, Private Pensions and Financial Markets Division at the Organization for Economic Cooperation and Development (OECD), views digitization as a source of opportunity and the best guide for financial institutions to design products that are increasingly customized and adapted to the needs of consumers and businesses. Messy is one of the most respected voices in the world for financial education. She will participate in the 2019 EduFin Summit, the financial education summit BBVA will hold in Madrid on July 11th and 12th.
03 Jun 2019
More than 3,000 BBVA team members are seeing the benefits of SmartDollar, a free, holistic financial wellness program founded by finance guru Dave Ramsey, since the bank made it available to employees in 2017.
07 May 2019
Darren Easton, Senior Director at the Center for Financial Services Innovation (CFSI), is one of newest members of the Center for Financial Education and Capability’s Advisor Council. Excited about this new role, Easton will bring his valuable knowledge in financial health, finance and communications to the Center.
23 Apr 2019
"Hello! Finally, we meet! I have been specifically designed to help you better understand the ins and outs of your daily finances. I am always available and crunching the numbers is one of my favorite tasks."
This could be the start of a friendship, a virtual friendship, because the virtual assistant is a “bot” enabled in BBVA’s app whose express mission is to better control customer finances. “We call it a 'pseudo-bot’ ... initially resembling conversational interfaces,” explains Sergio Ruiz Navarro, who is responsible for the design/UX of this endearing creature whose mission is to understand if customers do a good job (or not) of managing their money.
12 Dec 2018
Promising yourself to save and end up throwing in the towel is a common thing so a little nudge from time to time is no bad thing. According to the report ‘Nudges for Financial Health: Global Evidence for Improved Product Design’ of Innovations For Poverty Action (IPA), the commitment mechanisms that financial institutions put in place to help their customers are an effective solution for achieving savings once and for all and improving financial health.
29 Nov 2018
Seeing your checking account slowly but steadily drop throughout the weeks leading up to pay day may give you a sinking feeling yourself. If you’re not paying close attention as it drops, you may end up even spending more money than you have in the account, which means you’ve overdrawn.
14 Sep 2018
Your credit score. Just three little numbers that can impact your credit card interest rate, how much you can borrow, and sometimes even whether you’re qualified to borrow money or not.
11 Sep 2018
Understanding money seems simple enough, right? You earn it, you owe it, you spend it. Simple. But studies show that people who take the time to learn and understand some basic financial information are better off now and more likely to achieve their short- and long-term financial goals in the future.
05 Sep 2018
Money isn’t very valuable if you can’t spend it. And during disaster situations -- from tornados to ice storms and everything in between -- a power outage could leave you feeling penniless, without access to ATMs, online or mobile banking, or debit card transactions.
16 Aug 2018
27 Jul 2018
As managing director of the Center for Financial Inclusion at Accion and a member of the advisory board for BBVA's Center for Financial Education and Capability, Elisabeth Rhyne constantly faces the challenge of addressing financial inclusion worldwide, securing the protection of microfinance customers, and helping them achieve solid financial health.
18 Jun 2018
Having a good financial health means having both enough money to cover expenses and savings to face unexpected future events. To know how to analyze it, the Center for Financial Services Innovation (CFSI) has identified, in a study published in the Center for Education and Financial Capabilities of BBVA, eight indicators that measure the state of people's financial health.
25 May 2018
Maria Holmes has seen quite a lot in her career, starting off as a stock broker and working in the financial industry for the past thirty years.
17 Apr 2018
Among the many perks of homeownership is the equity you build over time as your home appreciates and your total loan amount decreases. Equity is an asset that you can use in a variety of ways, including borrowing against it in the form of a Home Equity Line of Credit, or HELOC.
If you’re a homeowner and in the market for a loan, a HELOC may be the right option for you. To find out more, read on to understand what a HELOC is and how it works.
23 Mar 2018
For Kevin Cox, the adage ‘time is money’ was never more true than when he applied for the BBVA Compass Express Personal Loan.
The Locust Fork, Ala. resident was the bank’s first digital customer for the personal loan product, starting and completing his journey from application to funding in fewer than 13 hours. According to Cox, when it comes to his financial life, ease and convenience are everything, and the BBVA Compass Express Personal Loan fit the bill precisely.
16 Mar 2018
When it comes to obtaining credit, there are many different types of loans for many different uses, from buying a home to paying for education and remodeling. When it comes to the way those loans are repaid, two of the most common are installment and revolving.
Let’s take a look at the fundamental differences of each.
14 Mar 2018
According to a study from Spectrem Group's Market Insights Report 2017, there are just 10.8 million millionaires in the United States. Assuming you’re not one of them - and let’s face it, most of us aren’t - there are certain purchases that require a loan. Loans for these purchases - houses and cars among them - most often take the form of an installment loan, which begs the question: What exactly is an installment loan?
31 Jan 2018
BBVA Compass assembled a worldly-wise panel in Houston last week to help its Global Markets clients, all of whom maintain assets outside the U.S., sort through the barrage of global economic news to better understand the risks.
25 Jan 2018
According to a recent Bankrate.com survey, just four in ten people indicated they were able to cover an unexpected $1,000 expense without going into debt to do so.
For these people, a savings plan is the obvious answer, but for the many Americans living paycheck-to-paycheck, even the smallest savings can feel out of reach. But it doesn’t have to be that way. Below are five tips to help you get started saving today.
10 Jan 2018
Goodwill Central Texas will open a new hub for financial education as part of the future Goodwill Career and Technical Academy, with funding generously provided by the BBVA Compass Foundation. The BBVA Compass Center for Financial Education will break ground in late 2018.
28 Dec 2017
A bright new year dawned for BBVA Compass in 2017 with the January installation of a new President and CEO and the debut of a new global tagline - Creating Opportunities - that would become the theme for the bank’s activities throughout the year.
18 Dec 2017
Global Finance magazine has chosen BBVA as the best private bank in Latin America in its “World’s Best Private Banks 2018” awards. Among its attributes, the magazine said, are the Group’s “high technology credentials”.
14 Dec 2017
The U.S. Congress got a step closer to improving access to mainstream financial services for the underserved and unbanked with the inclusion of the MOBILE Act (H.R. 1457) as part of an amendment to the banking regulatory relief bill that was reported out of the Senate Banking Committee last week, and the standalone bill reported out (by 60-0 vote) of the House Financial Services Committee this week.