BBVA has granted CAF Development Bank of Latin America a $200 million loan that will finance CAF’s assistance programs designed to address the social and economic effects of the COVID-19 pandemic in Latin America. The negotiation and documentation of the loan were fast tracked in order to expedite support for the region.
14 Oct 2019
Univfy®, an AI platform company whose mission is to improve fertility patients’ experience and access to in vitro fertilization (IVF), announced today a collaboration with BBVA USA, the U.S. subsidiary of global financial institution BBVA, to offer a finance program with rates starting at 0% APR (up to 18.99%).
17 Sep 2019
BBVA has extended its line of green loans to cover sustainable vehicle purchases for all SMEs and freelancers who want to buy electric or hybrid cars for business purposes. This new product rounds out one of the most extensive lines of green loans in the Spanish market.
20 Aug 2019
Salvador Bekiaropoulos Donate
BBVA Regulation and Internal Control Area
09 Apr 2019
29 Mar 2019
SSE PLC, a leading developer, operator and owner of renewable energy assets across the UK and Ireland, has once again partnered with BBVA as sole sustainability coordinator under its new ‘revolving credit facility’ (or RCF). In 2017, SSE and BBVA worked together in the arrangement of the company’s inaugural green bond issue.
05 Feb 2019
04 Feb 2019
03 Jan 2019
Under a borrowing program framework, Garanti Bank has received in excess of $1.3 billion in financing from international markets. The funding, as stipulated by the program framework, will be provided under two separate financing contracts and over four different tranches with 367-day, 2-year-and-one-day, and 7-year term loans.
27 Nov 2018
People have all seen the rinse-and-repeat commercial around the holiday season. A significant other or teenage child wakes up on a snowy morning, being coaxed to come outside to the driveway.
20 Nov 2018
08 Nov 2018
BBVA has closed a new deal in Italy with the gas utility SNAM, thus reaffirming its position as a leading structuring bank of sustainable solutions in the European loan market. The transaction is a €3.2 billion revolving credit facility (RCF), the third sustainable loan in Italy led by BBVA as sustainability coordinator.
29 Aug 2018
BBVA has reaffirmed its leadership in sustainable financing with the execution and structuring of the first revolving credit facility (RCF) for the power utility A2A in Italy. The bank acted as an advisor, sustainable coordinator and documentation agent, heading a finance deal valued at €400 million euros.
24 Aug 2018
New York University (NYU) made headlines around the country last week when it announced that it would be offering free tuition to current and future medical students to help alleviate the financial worries that come with high medical school costs.
23 Jul 2018
True to its commitment to innovation, BBVA announced the signing of a €35 million flexible term loan with spanish-based multinational Cosentino. This is the first time this format has been offered in the Spanish market, and was conceived by BBVA to meet the financing needs of its customers.
30 Jun 2018
AVANGRID has entered into a $2.5 billion syndicated sustainability-linked credit facility, the biggest green loan in the U.S. to date. In doing so, Iberdrola’s U.S. subsidiary follows its parent company’s lead and demonstrates its commitment to combating climate change. BBVA has acted as sustainable agent and ‘joint lead arranger’ for the deal.
28 Jun 2018
It’s true that interest rates on mortgages are increasing, but it could still be a good time to refinance. As with so many things in life, it all depends on your unique financial situation.
According to RealtyTrac, as of April 2018, there were more than 600,000 properties in the U.S. in some stage of foreclosure. While the numbers of foreclosed homes are significantly lower than at the peak of the U.S. Housing Crisis, with more than a half million lender owned homes on the market, buyers still have a solid opportunity to find a good deal.
22 Jun 2018
What does it mean when we say a bank is the ‘bookrunner’ for a deal? Or if a financial institution has acted as the ‘lead manager’ or ‘lead arranger’? These are just some or the roles that banks can play in bond issuances and loan transactions.
21 Jun 2018
When it comes to buying a home, understanding which mortgage option is right is key. When constructing a home from the ground up, the same is true, but the options for financing are slightly different.
Generally, new construction financing falls into two types of loans, construction-to-permanent and construction only.
19 Jun 2018
Being self-employed doesn’t mean homeownership isn’t attainable. In fact, lenders are willing and able to loan money to the entrepreneurial minded. People who are self-employed and seeking to buy their own home simply need to be aware of a few more things.
11 Jun 2018
Over the past several years, the Federal Open Market Committee (FOMC) has gradually increased the federal funds interest rates both as a response to favorable economic conditions and in order to curb inflation. In a rising interest rate environment such as this, lending is affected as banks set their own interest rates according to the prime rate, which is mostly determined by the aforementioned federal funds rate.
17 May 2018
Drawing on its skills, knowledge and experience as one of the most active banks in the sustainable finance sector, BBVA has been selected by Hera to help in the structuring and execution of the first RFC (revolving credit facility) loan in Italy. This is the first sustainable operation of these characteristics in the country. BBVA has acted as the sustainable agent, leading the operation valued at €200 million.
30 Apr 2018
24 Apr 2018
20 Apr 2018
The longer you own your home, typically the more equity you build. Many people wait to tap into this equity, while others use it to strengthen their financial footing.
One of the ways a homeowner might put their home equity to work for them is with a home equity line of credit (HELOC). BBVA Compass Director of Mortgage and Home Equity Originations Jose Pascual shares his top three reasons that homeowners might want to consider a HELOC.
18 Apr 2018
BBVA Compass recently announced the launch of the digital BBVA Compass Express Personal Loan to customers and prospects across its footprint.* The timing of the announcement was auspicious given that it was released nearly one year after the date from when the bank booked its first ever end-to-end digital loan. Now, just over a year later, the bank has achieved a record for one-week consumer loan production, with online originations officially exceeding branch production in that same week.
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.
13 Apr 2018
Bonds and loans are financing instruments used at one moment or other by companies during the course of their existence. These are two conceptually different credit products that are sometimes confused. It is important to differentiate between both means of financing and understand their characteristics in order to know their true essence.
22 Mar 2018
20 Feb 2018
On the road to home ownership, it can feel like every turn includes another unexpected charge or fee, with one of the final being closing costs.
‘Closing costs’ is an umbrella term that encompasses various fees collected by those who perform all the final tasks that ultimately allow a home buyer to sign on the dotted line of their mortgage loan. The fees, which typically range from 3 to 5 percent of the cost of the home, include various charges like appraisal, underwriting and recording fees, among other charges. According to BBVA Compass Director of Real Estate Originations Jose Pascual, the number and total amount of fees can vary.
16 Feb 2018
Let’s talk Private Mortgage Insurance, or as it’s more commonly known, “PMI.”
If you’re buying a house and in the process of obtaining a home loan, chances are good you’ve at least heard the term. Chances are even better you’re acutely aware of PMI if you’re planning a down payment of less than 20 percent, because PMI is the premium you’ll have to pay to insure the lender against loan default.
05 Feb 2018
Green loans have arrived in force on the world’s financial markets. The volume of these sustainable products, which up to now had appeared sporadically, has shown a marked increase since last year. BBVA ended 2017 as the most active company in green loans worldwide, with a total of 11 transactions in Europe and Latin America for clients in a range of sectors, and was the undisputed number one in Spain.
11 Jan 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.
20 Dec 2017
Let’s be honest. You’ve procrastinated in your holiday shopping. Even though a fall 2017 survey claimed that procrastination among holiday shoppers would dwindle this year and 30 percent of consumers planned to start their holiday shopping over Thanksgiving, it still leaves a big percentage of shopping stragglers.
17 Dec 2017
Argentina’s small and medium sized enterprises, despite being pummeled by taxes and struggling to access credit, managed to survive the collapse of consumption. Now, they are gearing up to capitalize on the improving economic outlook, thanks to the lending and tax measures that the government will roll out in short to encourage them to invest. Four our of every 10 companies say they intend to do so.
11 Dec 2017
Garanti Bank on November 22 has successfully refinanced its 367-day Dual Currency Term Loan Facility dated November 23, 2016 with a 100% rollover ratio. The new Facility is comprised of $405.0 million and €648.5 million 367-day tranches and a $180.0 million two-year tranche.
21 Nov 2017
A few weeks ago, scientists discovered close-by a planet the size of Earth that possibly could sustain life. In fact, according to reports, the newly-found world, known as Ross 128 b, is 11 light-years away – a small road trip in the cosmic universe – and is set to become a familiar neighbor in the future.
08 Nov 2017
The growing demand for financial products that support sustainable economic, social and environmental development has created a need for tools such as green loans, which allow companies to finance initiatives that have a clear environmental impact.
30 Oct 2017
BBVA Compass National Mortgage Sales Manager Eduardo Castaneda has been in the mortgage business for over three decades, and can pour a vast amount of information on the subject at a moment’s notice.
24 Oct 2017
This week, several financial institutions will be releasing their earnings reports for the third quarter of the year (3Q 2017). Any bank’s profit and loss account can be interpreted following the five keys we describe in the infographic below.
11 Oct 2017
BBVA Compass has closed a $5 million equity investment in Pathway Lending, becoming the largest investor in Alabama’s effort to build up small businesses in the state’s Appalachian region. Pathway Lending, a Community Development Financial Institution certified by the U.S. Department of Treasury, will operate the state’s new loan fund for small businesses in the 37 counties of Appalachian Alabama.
21 Sep 2017
25 Aug 2017
Digital financial services are within everyone´s reach, but each generation has its own peculiarities when using them. Mobile banking apps have won over the centennials, while social networks influence Generation Y when it comes to changing banks, and Generation X confides in online banking. The baby boomers, meanwhile, prefer to take a stroll to the branch office.
24 Jul 2017
The week of the publication of second quarter 2017 results (2T 2017) begins and as it does, we remember the five keys to understanding a bank´s results. The following infographic shows how to interpret the most important figures.
11 Jul 2017
13 Jun 2017
Funding is one of the biggest challenges that entrepreneurs face when launching their own company. And getting it is not easy. But now, Trust·u, a new SME-oriented financing model, aims to help recently created companies overcome this hurdle by offering loans to startups that are able to convince relatives and friends to support them.
31 May 2017
BBVA Compass Fort Worth CEO Brian Happel was once quoted in the New York Times discussing his hope to earn an early roster spot on a professional football team in 1982.