BBVA Momentum, BBVA’s social entrepreneurship support program, will host a global event to showcase the brightest projects of its 2018 edition. These companies, from Colombia, the United States, Mexico and Turkey, have come up with innovative ways to tackle some of today’s most pressing social and environmental challenges.
19 Feb 2019
Lacey Perry is the Branch Retail Executive for the BBVA Compass Shoreline Branch in Corpus Christi, Texas. Owing to its downtown business center location, of the three branches in the city, the Shoreline branch is the one with the least consumer foot traffic. Yet Perry is still the highest performer across all 644 branches in the bank’s retail network.
12 Feb 2019
Over 1,800 participants from the banking industry, governmental authorities, and civil society gathered in Brussels on February 5-6, to take part in what has become the leading forum discussing the future of the European Union’s industry. EU Industry Days 2019, organized by the European Commission, devoted a substantial share of time to social investment and sustainable financing, something that has become an obligation for financial institutions today, according to Antoni Ballabriga, Global Head of Responsible Business, BBVA, who participated in one of the panels.
11 Feb 2019
The European Commission has warmly received the Principles for Responsible Banking. The vice president of the European Commission applauded this UN-sponsored initiative, which BBVA has actively championed since its inception. “It is truly encouraging to witness this initiative. Now is the time to implement them and truly scale up in sustainable finance. We need European banks to lead the way,” explained Valdis Dombrovskis, vice president of the European Commission, at a European Banking Federation forum held on February 5 in Brussels.
07 Feb 2019
The Corporate Network for Diversity and LGBTI inclusion (REDI) is the first corporate association in Spain created to promote an inclusive and respectful environment in organizations, where talent is valued regardless of gender expression or sexual orientation. BBVA is joining the REDI to demonstrate its commitment to diversity.
06 Feb 2019
BBVA Compass Sales and Service Advisor Rebecca Alexis has “nothing but veterans” in her family. It’s one of the biggest reasons she allocates so much of her professional and personal time helping them with her financial expertise.
25 Jan 2019
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.
23 Jan 2019
Japan and Spain, the countries with the world’s highest life expectancies lag furthest behind when it comes to retirement planning, according to a study prepared by insurance company Aegon International. The experts warn about the enormous challenges posed by an aging population and the risks associated with not saving for the future.
16 Jan 2019
BBVA is one of the 230 companies selected for the 2019 Bloomberg Gender-Equality Index (GEI), one of the world’s most relevant indexes on this matter, which distinguishes companies committed to transparency in gender reporting and advancing women’s equality. Garanti Bank, the Group’s subsidiary in Turkey, has also been selected for the index.
The 9th Edition of Spain Investors Day united 43 listed companies and major investors in a forum that discussed socially responsible investment for the first time. BBVA participated in the round table discussion on the topic.
26 Dec 2018
19 Dec 2018
Rolando Arellano Cueva is a renowned market expert specialising in developing countries, and is a member of the Advisory Board of the BBVA Centro para la Educación y Capacidades Financieras [Centre for Financial Resources and Education]. Throughout his lengthy career he has studied people’s natural tendency to constantly acquire goods, the consumer markets of Latin America, and the role that financial entities play in assisting with savings.
14 Dec 2018
The Turkish Women Entrepreneurs Competition recently celebrated its 12th edition. During the ceremony, the first and only one of its kind, the names of the winners of the four award categories – Turkish Woman Entrepreneur of the Year, Turkish Woman Entrepreneur Who Made a Difference in Her Region, Most Promising Turkish Woman Entrepreneur and Turkish Woman Social Entrepreneur of the Year – were announced.
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.
10 Dec 2018
05 Dec 2018
The European Investment Bank (EIB), together with the global data company YouGov, has published the first-of-its-kind citizens climate change survey revealing popular beliefs about climate change and its economic impact. The study, which involved 25,000 people in the European Union, the United States, and China, exposes the extent to which the general public is concerned about climate change and what it means to their bottomline.
04 Dec 2018
BBVA joined ING, BNP Paribas, Société Générale and Standard Chartered in a joint commitment to adapt their lending portfolio to the Paris Agreement on Climate Change. In an open letter to the global leaders and heads of state currently meeting at the 24th session of Conference of Parties to the United Nations Framework Convention on Climate Change (COP24) in Katowice (Poland), these banks committed to finance and design financial services that are needed to support clients as they transition to a low carbon economy.
03 Dec 2018
The Principles for Responsible Banking were announced in Paris on November 26. BBVA is one of the founding banks involved in this initiative, which forms a part of the United Nations Environmental Programme.
Emilio Martín-More Coloma
Sustainability Lead, BBVA
30 Nov 2018
The UN Climate Change Conference, held at the UN’s annual Conference of the Parties (COP), are international meetings that aim to negotiate and and agree the activities that need to be addressed by global climate policy. On the heels of the announcement in Paris of its participation in the UN’s Principles for Responsible Banking, BBVA also joins this global initiative for a sustainable future.
The Principles for Responsible Banking were presented in Paris on November 26. These principles are the result of a joint initiative comprising 28 financial institutions and the United Nations that aims to take on the climate change and sustainability challenges facing society today.
27 Nov 2018
Under the auspices of the United Nations (UN), Garanti joined 27 other global banks at the presentation of the Principles for Responsible Banking in Paris. BBVA owns a 49.85% stake of Garanti – the only Turkish bank participating in this global initiative.
26 Nov 2018
BBVA joined in launching the Principles for Responsible Banking at the United Nations Environment Programme Finance Initiative (UNEP FI) global roundtable in Paris. “With these Principles for Responsible Banking, we are redefining banking’s role in society in order to generate a positive impact on people’s lives,” BBVA’s CEO Carlos Torres Vila stated.
25 Nov 2018
BBVA joins the International Day for the Elimination of Violence against Women and will lit up its Corporate Headquarters to support all women that suffer gender-based violence.
22 Nov 2018
“The Principles for Responsible Banking demonstrate the banking industry’s clear commitment to a sustainable future – the only future that is acceptable and profitable for everyone.” With these words, Christiana Figueres, Convenor of Mission 2020 and former Executive Secretary of the United Nations (UN) Framework Convention on Climate Change, expressed her support for the Principles for Responsible Banking, and called on banks, regulators and stakeholders to join them.
Her Majesty Queen Letizia and BBVA’s Group Executive Chairman Francisco González presented the 10th edition of the Integra Awards at BBVA City (Madrid) this morning. These awards recognizes the accomplishments of organizations that develop workplace integration initiatives for people with disabilities and launch employment generating programs. The five organizations that received this year’s awards are the Juan XXIII Roncalli Foundation, Ilunion Responsible Tourism, the National Confederation of Deaf People, Amimet, and the Mental Health Federation of Castile and León.
20 Nov 2018
BBVA joined forces with 27 other banks and the United Nations to create the Principles for Responsible Banking. This landmark initiative seeks to address the sustainability challenges facing the global finance industry, and transform the sector into a driver of a sustainable future.
19 Nov 2018
BBVA hosted the forum “Energy Transition Opportunities for the Spanish and European economies.” During the event José Manuel González-Páramo, stressed that “At BBVA we highly appreciate the proposed measures, not only the draft legislation on climate change, but those measures that have been taken by other countries (France, Poland, and Ireland) that give sustainable financing a boost by issuing green bonds.”
13 Nov 2018
“Our vision of the world is marked by a sense of urgency, but also by a sense of opportunity. We need to re-imagine the role of banking in society. As banks we have to focus on a mission and creating a positive impact on people’s lives.” These are the words of BBVA’s Global Head of Responsible Business, Antoni Ballabriga, on a panel where he was joined by the European Commission Vice President, Vladis Dombrovskis, during the Sustainable Finance in Nordic-Baltic conference held in Helsinki.
08 Nov 2018
BBVA backs the European network of Financial Centers for Sustainability, which was presented at the Climate Innovation Summit 2018. The annual summit is organized by Climate-KIC and was held in Dublin this year. “At BBVA, we value the creation of this network of centers representing Europe’s most influential cities. The initiative, which has its origins in the United Nations Environment Programme, represents an additional pillar encouraging all key players to get involved in building a more robust and resilient financial system.” asserts Antoni Ballabriga, BBVA’s Global Head of Responsible Business.
05 Nov 2018
Net Promoter Score, or NPS, is a metric that helps companies understand customer satisfaction and gauge customer brand loyalty. As metrics go, it’s a relatively simply one that calculates customer responses to the question, “On a scale of 0 to 10, how likely is it that you would recommend our company/product/service to a friend or colleague?”.
31 Oct 2018
BBVA Compass teamed up with Experian to give small business owners access to expert advice and insight at a recent national webinar. The online workshop was intended to help small business owners and entrepreneurs navigate the impact of the 2018 tax law change which may permit taxpayers other than corporations to deduct of up to 20 percent of their qualified business income from a qualified trade or business under the Tax Cuts and Jobs Act.
BBVA was recognized as a global leader for its corporate responsibility and social investment programs in the latest report of Giving in Numbers, published by The CEO Force for Good. The report is based on the largest survey in the field of corporate social responsibility (CSR), gathering data from 252 of the world’s largest companies. The report placed BBVA in the top 25% of the most socially committed companies.
Claudio González-Vega, Chair of the Board of Trustees of the BBVA Microfinance Foundation and member of the Advisory Board of BBVA’s Center for Financial Education and Capabilities, is one of the world’s leading voices in finance and development, especially in the field of microfinance. For him, financial education is a “vital tool for escaping the poverty trap.”
29 Oct 2018
Olivier Guersent, the European Union’s Director-General for Financial Stability, Financial Services, and Capital Markets claims individual investors would rather put their money into sustainable development projects, but they need the right skills. Financial education is a part of this empowerment.
24 Oct 2018
Not long ago, in Colombia, nearly half the population lived in poverty. In rural areas, the overwhelming majority. Ten years ago, the BBVA Microfinance Foundation made a commitment to change this reality by creating the country’s first microfinance bank, Bancamía, in collaboration with two non-governmental organizations (NGOs) – ‘Corporación Mundial de la Mujer Colombia’ and ‘Corporación Mundial de la Mujer Medellín’.
16 Oct 2018
William D. Nordhaus, winner of BBVA’s Frontiers of Knowledge Award, and Paul M. Romer have been awarded the 2018 Nobel Prize for their research on how climate change and technological innovation impact the economy. Their findings substantiate the vital role financial education plays in overcoming the challenges of an ever-changing world.
11 Oct 2018
A two degree limit on the rise of the earth’s temperature will not be enough to prevent the catastrophic effects of climate change. Extraordinary measures are therefore required to contain global warming, capping the increase to a maximum of 1.5 degrees before 2050. This is one of the main conclusions delivered by Peter Newman, professor of sustainability at Curtin University in Perth (Australia) during the opening session “Facing Climate Change” sponsored by BBVA and the Fundació Catalunya Europa.
09 Oct 2018
More than 1,800 BBVA Compass employees — plus another 250 friends and family members — joined their BBVA co-workers across the globe to participate in the bank’s Week of Volunteering September 24-30. Employees across the footprint participated in 189 individual events, including Habitat for Humanity projects, food bank initiatives, community clean up efforts, and financial education workshops for individuals and small businesses.
Nowadays, more and more companies are committed to policies that encourage diversity in their work environments. In a panel at an ICMA Women’s Network event, held in Madrid, a group of women in leadership positions in various sectors of the industry debated issues such as unconscious biases in the workplace and the challenges they have had to face throughout their professional lives.
08 Oct 2018
More than 7,000 BBVA employees worldwide took part in some 325 acts of solidarity as part of the Global Volunteers’ Week celebrated in over 15 countries.
05 Oct 2018
For the second year in a row, BBVA has been named among the 200 companies in the world most advanced in gender equality, according to the Gender Equality Global Report & Ranking. The ranking is carried out annually by Equileap, an organization created with the goal of promoting progress in gender equality on a corporate level.
01 Oct 2018
BBVA Compass hosted a star-studded ribbon cutting at public basketball courts near Legion Field on Oct. 1, featuring city leaders, bank representatives, former professional basketball players, and current Houston Rockets players.
28 Sep 2018
20 Sep 2018
BBVA Compass recently launched its Center for Financial Education Community Workshops Initiative, with the goal of giving 20,000 low- to moderate-income individuals, families and small business owners the knowledge they need to take better control of their financial lives.
28 Aug 2018
Ask Fort Worth’s McCart & Sycamore Branch Retail Executive Jarod Mathis the reason behind the success he and his team have had at their branch and chances are good he’ll say family.
30 Jul 2018
BBVA is to link its power supply needs to the construction of a new wind farm. The new facility, which will be developed, built and run by Enel Green Power Spain, is part of BBVA’s 2025 Pledge and will add renewable energy capacity in Spain, helping to reduce CO2 emissions.
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.
19 Jul 2018
The EduFin Summit comes round again and this time full of novelties. This year the event, organized annually by BBVA’s Center for Financial Education and Capability, will take place in Buenos Aires. Leading experts in the field of financial education will debate the challenges of the sector and the importance of financial behavior for the well-being of people.