10 Jan 2022
The finalization of Basel III, post-COVID regulation, artificial intelligence and the crypto world, or international coordination in the supervision of sustainable finance are some of the trends that will mark the regulatory agenda in 2022. Santiago Fernández de Lis, Head of Regulation at BBVA, reviews the keys to financial regulation in the year that has just begun.
21 Oct 2021
The BBVA Group is debuting fully digital retail banking in Italy, with a unique value proposition and customer experience. BBVA is entering the Italian market with free digital banking; one of the most secure cards in the world - as there are no printed numbers on the card, and a dynamic CVV - unmatched in Italy; and financing products at competitive prices.
22 Sep 2021
The Latin American Federation of Banks (Felaban) organized its 2nd regulatory meeting in Madrid. The employers' association, which gathers the main banking associations in the region, participated in a working meeting with BBVA executives where they analyzed the outlook for Latin America post-pandemic.
10 Aug 2021
José Ramón Vizmanos
Head of the Global Client Unit at BBVA Corporate & Investment Banking (CIB)
28 Jul 2021
World Finance magazine awarded Garanti BBVA as the best retail bank in Turkey for the seventh consecutive year in its 2021 awards. The publication also found BBVA's Turkish subsidiary to be the best bank in Europe, an award it has won for the fourth year.
15 Jul 2021
To measure and understand a banking entity's credit quality, several metrics must be considered as an interrelated whole. One indicator in isolation cannot give a full picture of credit risk. The three most widely used metrics are the NPL ratio, the coverage ratio and the cost of risk. These metrics enable us to analyze the volume of non-performing assets in relation to the size of an entity's loan portfolio, the provisions recognized to cover future default losses and the annual cost of generating this buffer of provisions.
31 May 2021
Starting Jan. 1, 2022, BBVA will be required to meet a volume of own funds and eligible liabilities (MREL) of 24.78 percent of its risk-weighted assets (RWAs), in line with expectations. As of March 31, 2021, the bank already complies with this requirement, reaching 29.23 percent, as well as with the new subordination requirement.
23 Apr 2021
Santiago Fernández de Lis
Head of Regulation
27 Jan 2021
How do you know if a banking product is sustainable and contributes to the protection of the environment? In 2020, 26 banks including BBVA, tested how the European Union's taxonomy on sustainable activities could be applied to core banking products. Common criteria for determining which products are sustainable could allow banks to drive sustainable financing for the entire economy.
18 Jan 2021
The Davos Forum, organized by the World Economic Forum (WEF), has once again decided to postpone its in-person meeting due to COVID, just as it did in 2021. This edition has promised to be one of the most special to date because of the magnitude of the changes that have taken place since it was last held and the challenges society is facing. With the pandemic as a catalyst, but without forgetting its commitment to a more sustainable and inclusive world, this year the forum will focus on working together to rebuild. From January 17 - 21, 2022, a series of virtual sessions will take place, with an in-person meeting planned for the end of June of this year, if the pandemic allows.
28 Sep 2020
In an interview with ‘La Linterna’ de COPE, BBVA’s Group Executive Chairman said that the EU funds to face the health crisis represent “a great opportunity”. In his opinion, if invested “productively in long-term growth and combined in combination with structural reforms”, they can help tackle key problems of the Spanish economy, such as structural unemployment. "We also need to invest in education, focusing on the world of the future: the digital world, the world of data and addressing the transition to a more sustainable world, socially and environmentally."
15 Jul 2020
In January, more than 250 leaders from across BBVA USA gathered in Houston to hear from management about the bank’s new 5-year strategic plan. Anybody in attendance will tell you it was a great meeting that generated palpable excitement about the bank’s future in the U.S.
29 May 2020
BBVA’s CEO sat down with Turkish news agency Anadolu to discuss the current scenario facing Turkey’s economy and banking system. Onur Genç expressed his optimism regarding Turkey's progress at the economic level and considers that banks are in good shape to face this crisis. Digitization, in his opinion, will be key for banks in the current scenario. In this sense, he cited Garanti BBVA as an example of a digital leader, with almost nine million digital customers, eight million of whom are mobile.
08 Apr 2020
In an op-ed published in El País, Olga Gouveia, Principal Economist at BBVA Research, recalls the importance of banking services - considered essential services by authorities in many countries - in the current crisis caused by the COVID-19 pandemic. Thus, banks are part of the solution and the recovery will be faster if they remain capable of financing the economy.
02 Apr 2020
Organized by the economic magazines, ‘Capital’ and ‘Ekonomist,’ CEO Club Summit is the premier business event in Turkey, and for the first time, it was held virtually as a precaution against COVID-19. Garanti BBVA CEO Recep Bastug was on hand to participate.
17 Feb 2020
Financial Regulation en BBVA
21 Jan 2020
27 Nov 2019
25 Oct 2019
“The future of banking lies in financing the future.” With this phrase Carlos Torres Vila summed up his breakfast presentation, part of the “Finance and its challenges” series organized by the Deusto Business School in Madrid. According to BBVA’s executive chairman, social and environmental sustainability and the battle over customer data are the principle medium and long-term challenges facing the financial sector. "These challenges bring opportunities. Technology promises a bright future, and we have to seize the opportunities that come with it,” he maintained.
27 Sep 2019
Last week, BBVA held the first Open Talks event in Portugal. Experts from Portugal’s innovation and fintech ecosystem gathered at the Tivoli BBVA Theater to share their insights and discuss the transformation challenges facing the country’s financial system.
19 Sep 2019
Even though sustainable finance has been a fundamental issue in the social agenda for many years now, thanks to the 2015 Paris agreement on climate change, the world became aware of the environmental risks and economic impact resulting from the effects of climate change. However, it is not just society that is increasingly more aware. The financial industry is also contemplating climate change and the Sustainable Development Goals (SDGs) as relevant factors to determine their investment strategy.
13 Sep 2019
In recent times, EU institutions have made significant headway in developing a credible banking union. But despite progress, there is still a lot of work to do. According to José Manuel González-Páramo, Executive Director and Global Head of Economics and Institutional Relations at BBVA, the Europe’s new lawmaker team must promote new reforms to advance towards a true union.
26 Jun 2019
BBVA is Spain’s most transparent financial institution, according to 'Contribution and Transparency 2018', a report published by Fundación Compromiso y Transparencia (Commitment and Transparency Foundation). In the benchmark report, which lists all IBEX 35 companies according to their fiscal transparency practices, BBVA takes the fourth spot.
24 Jun 2019
14 Jun 2019
29 May 2019
Speaking at the European Conference on Financial Integration and Stability, BBVA Head of Regulation Santiago Fernández de Lis detailed the benefits of a true single digital market and the need for greater harmonization of the regulation governing digital financial services. The event, jointly organized by the European Commission and the European Central Bank, was held in Brussels last week.
21 May 2019
Javier García Tolonen
20 May 2019
An integrated and fully-entrenched capital markets union in Europe is needed to ensure an orderly transition in accordance with the United Nations Sustainable Development Goals and the Paris Agreement. José Manuel González-Páramo, BBVA Head of Global Economics and Institutional Relations stated as much today.
16 May 2019
The European Council announced this Tuesday that it has approved a series of regulatory changes previously approved by parliament, which aim “to reduce risks in the banking system.” The legislative package, known as CRD-V, revises capital requirement legislation and the recovery and resolution framework that governs financial institutions within the eurozone.
30 Apr 2019
Türkiye Garanti Bankası A.Ş., announced its financial statements for the period ending March 31, 2019. Garanti’s net income in the first quarter of the year stood at TL 1.76 billion while its total assets increased to TL 423,32 billion, driven mainly by Turkish Lira loans.