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People with a high level of financial literacy are able to make informed decisions using the financial information they possess.
Dinçer Demir(Senior Trainer at the Teacher’s Academy Foundation)
After an impasse of several years, something’s at play at the banking union. The article by German Finance Minister Olaf Sholz in the ‘Financial Times’ on November 5th and the concomitant German “non-paper” have kicked-off a much-awaited debate about the outstanding elements required to finalize this crucial European project.
Santiago Fernández de Lis(Head of Regulation)
Oscar Vélez de Mendizábal (Victoria, 1972), is the head of BBVA Spain's business transformation factory. He’s previously held different positions in the business, institution and corporate areas of the Southern Territorial Division.
BBVA’s Turkish unit successfully refinanced a syndicated loan on Friday, with demand exceeding the initial transaction amount. The new facility is comprised of $229.5 million and €518.8 million with a 367-day maturity.
Financial and commercial services
Luisa Gómez Bravo, currently BBVA’s Global Head of Corporate and Investment Banking (CIB) — the bank’s wholesale banking department — has an extensive track record in banking. After graduating in law and business administration at ICADE in Madrid, she worked for several years in London for American investment banking firms and in 1998 she moved to BBVA. Since then, she has held various management positions at the bank, and at the end of 2018, she was appointed head of the investment banking unit.
She is passionate about broadening her professional experience by taking on new challenges that arise each day. "I like spreading this enthusiasm and ambition to the BBVA CIB team because I believe that we have a great culture of leadership and an enormous capacity to take on the challenges and opportunities that lie ahead,” she says.
Luisa demonstrates this same passion in her personal life. She enjoys spending the weekends with her husband and four children, ensuring she gets as much quality time with them as possible.
Bank of Spain today notified BBVA about the new MREL requirement that the bank will need to comply with starting January 1, 2021. According to BBVA estimates, the current structure of own funds and eligible liabilities in its balance sheet is in line with this MREL requirement, as well as the new subordination requirement.
The bank’s chief executive officer, Onur Genç, wants Spain's contribution to BBVA Group profit to continue to grow. "Our ambition for Spain is to have continued growth,” he stated in the 2019 Q3 results press conference.