BBVA is back in the Euro Stoxx 50, Eurozone's main index. Just one year after its exit, the bank's recent good performance on the stock market has allowed it to return to the index, a milestone -exit and re-enter the following year- which at least in the last decade had never happened before. Normally, it takes longer for companies that exit the index to recover their position and re-enter.

BBVA has executed its first sustainability-linked interest rate swap for the glass bottle design and manufacturing company Vidrala. The conditions of this product are tied to the company reducing its carbon footprint, and will allow it to transform variable flows into fixed flows, thus reducing the interest rate risk.

Due to its international presence, BBVA has an exchange rate risk hedging policy which is intended to preserve the Group's capital ratios and provide stability to its results.

Over the past two years, market volatility has caused investors to think twice before investing in Turkish assets. In an interview for Bloomberg in Turkey, Emre Hatem, head of Corporate Loans and Project Finance Restructuring at Garanti BBVA, discusses the country’s economic outlook for 2020 following 2019’s slump in transactions.

Garanti BBVA and the Export-Import Bank of China have agreed to a $300 million, three-year loan to be used by Turkish companies to finance imports from China. A partner and trusted advisor to its clients engaging in international trade, BBVA’s Turkish unit forges international agreements in order to be able to offer customized financing solutions to this commercial segment. The agreement with China’s Exim Bank demonstrates the strength of Garanti BBVA’s long-lasting relationships with Chinese banks.

Garanti BBVA shared its project financing expertise at the 8th annual PPP in Turkey Forum. The two-day conference, held in Ankara, addressed the complexities around public-private partnerships (PPP).

BBVA today tapped the markets with its third senior non-preferred bond of 2019. The €1 billion 5-year issue was priced at mid swap plus 80 basis points, with a coupon of 0.375 percent, the lowest for a senior non preferred debt issue in Spain as well as the lowest for BBVA senior debt (preferred and non preferred). Demand peaked at €1.8 billion with more than 130 orders.

BBVA – with Deloitte and PCS acting as independent third parties – has completed the first issuance of securitized bonds in Spain, which will be registered with the ESMA (European Securities and Markets Authority) as Simple, Transparent and Standardized (STS).  With this securitization, BBVA takes advantage of European regulation in force since January 1 that will confer preferential capital treatment to financial institutions issuing STS securitizations.

The Juncker Plan, which was launched in 2004, has helped reduce the investment gap caused by the economic and financial crisis. Looking forward to the next decade, Europe should focus on a two-pronged strategy: implementing a greener sustainable investment model and backing key digital capabilities. According to BBVA's executive board member, José Manuel González-Páramo, Europe must develop a forward-looking sustainable finance model.

On Wednesday, BBVA CEO Onur Genç underscored BBVA’s commitment to continue advancing in the Group’s transformation process. Speaking to a group of international investors, he also emphasized BBVA’s strengths —both globally and by business area— in markets like Mexico and Turkey.

76 percent of Spanish enterprise businesses and 68 percent of SMEs will increase their investment in Latin America in 2019. Spanish investors see the best prospects in Colombia, Brazil, and Mexico, according to the latest report 'Spanish Investment Landscape in Latin America', which was prepared by IE University, in collaboration with Llorente & Cuenca and Iberia, and presented at Casa de América in Madrid.

Banks play a fundamental role in the planet’s sustainability due to their ability to finance sustainable activities and manage risks. This was the main topic discussed at a panel in Davos, Switzerland in which José Manuel González-Páramo participated. BBVA’s Executive Board Member and Head of Global Economics and Public Affairs encouraged all banks to join the Principles for Responsible Banking to press for this change. In his opinion, these principles give banks the opportunity to demonstrate their commitment to society.

The previous year has come to a close, and with it comes reflection on what 2018 brought. However, a look forward to 2019 can also have its advantages.

The European Banking Authority (EBA) has just released its work programme for next year. Understanding the risks and opportunities arising from financial innovation and a better handling of data are some of the priorities the institution has outlined for 2019.

José Manuel González-Páramo, Executive Member of the Board and the Head of Global Economics, Regulation and Public Affairs at BBVA, attended a meeting on the challenges facing the banking industry’s regulatory architecture on an international and local level.  He spoke of the importance of further developing the Basel III framework, as well as the need to implement it in a consistent and flexible manner.

Switzerland is the global center of private banking and a country many investors go to in search of diversification. But private banking is much more than that. It involves constant striving to understand the complexity of the financial markets in order to offer customers the best advice possible.

The reform of the reference rates in the eurozone to adapt to the new regulations, driven by the European Central Bank (ECB) along with other authorities, is taking shape. Today the ECB has announced a proposal for a new intraday rate as an alternative to the Eonia: the ESTER.

Anne-Joëlle Viguier-Galley is BBVA Compass’ Chief of Equity and Alternative Investments for the bank’s Global Wealth team. She also doubles as the Chief Investment Strategist for BBVA Wealth Solutions, Inc., the bank’s investment adviser affiliate.

Labour’s share of national income has dropped in most of the developed countries and emerging economies in the past few decades. This trend is not common across industries: the share of income accounted for by wages has seen an increase in the service industry, while it has recorded a fall in the other industries.

A traditional debate that ensues when banks are expanding internationally revolves around whether it is preferable to run branch offices or set up subsidiaries. Subsidiaries are associated with decentralized models where banks adapt to the local environment, both from a business and regulatory point of view. The model that uses branches characterizes banks with a more centralized structure, where decisions are made by the parent company.

There has been a healthy amount of debate regarding a national fintech charter that was announced last week by the Office of the Comptroller. The U.S. Treasury has also been in the spotlight among columnists in the financial industry.

The European Commission has initiated a review process of the three European Supervisory Authorities (the European Banking Authority, European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority), known as the ESAs. BBVA took part in a forum in Brussels that debated the present and future of these organizations, together with regulatory authorities and representatives of the financial industry.

The Eurosystem is the monetary authority of the euro area. It comprises the European Central Bank (ECB) and the national central banks of the Member States whose currency is the euro. Its primary objective is the maintenance of price stability, and specifically, keeping inflation in the euro area (calculated based on internal stats of the ECB) “close to but under 2 per cent.”

Fair-trade coffee, quality guarantee, ecological tomatoes… consumers read the labels on the things they eat. But is there any way of checking that what they say is correct? In order to do so, you would need a register of the processes to which the product has been submitted, something blockchain can do.

The headlines about the U.S. dollar this year have underscored how complicated it is to predict the movement of any one currency in a global economy. They’ve gone from grim (“Dollar set for worst January in 30 years”) to triumphant (“Dollar claws back”) to deflated (“Dollar’s rebound fizzles”) in a matter of weeks.

On January 31st, the European Banking Authority (EBA) announced the formal launch of this year’s EU-wide stress test exercise of the euro area. It also unveiled the macroeconomic scenarios under which the exercise will be carried out. The  adverse scenario implies a deviation of EU GDP from its baseline level by 8.3% in 2020, resulting in the most severe scenario to date. The EBA expects to publish the results of the exercise by 2 November 2018