José Manuel González-Páramo, Executive Board Member and the Head of Global Economics, Regulation and Public Affairs at BBVA, attended a reception for the Carolina Foundation’s 2018-2019 scholarship recipients. There he explained the changes that could affect jobs in this age of constant digital transformation and stressed BBVA’s commitment to Latin America.
BBVA’s Group executive chairman announced today that the bank’s goal is for all products to offer a sustainable option - both for large corporations and institutions, and SMEs and individual customers. The bank plans to reach this goal throughout 2020 for its main products sold in Spain.
BBVA executive chairman Carlos Torres Vila met today with Mexican President Andrés Manuel López Obrador at the National Palace in Mexico City. Torres Vila conveyed BBVA Group’s commitment with Mexico to the Mexican president and announced an investment of 63 billion pesos (about €2.9 billion at today's exchange rate) for the 2019-2024 period. During that time, BBVA will continue to contribute to Mexico’s economic growth by providing loans to families and businesses.
BBVA Group Executive Chairman Carlos Torres Vila underscored the Group's strong commitment to Mexico today. Speaking at the bank’s annual Meeting of Regional Advisors, he noted that the Group has made considerable investments in the country, while sharing its expertise and talent, always focusing on the goal of creating opportunities for Mexican companies, families and its society as a whole. "Mexico has grown with BBVA, and BBVA has grown with Mexico," he said.
The European Central Bank (ECB) announced at yesterday’s meeting its future guidance on rates, which will remain on hold at least until the first half of 2020. As noted by BBVA Research in its ECB Watch report, the ECB is open to adopting further measures if necessary. The ECB also announced the conditions of its TLTRO-III liquidity line.
Almost a year ago, BBVA USA launched the ground-breaking BBVA Compass RealTime ARP™ and BBVA Compass RealTime Positive Pay™ products - digital solutions that would change the landscape of U.S. treasury management.
BBVA recently enhanced its slate of programs designed to help more people with homeownership, announcing that it is now offering additional closing cost assistance for low-to-moderate income (LMI) borrowers that qualify for FHA or VA home loans.
For many Americans, their home is their greatest source of wealth. It is for this reason — and many others — that the housing market has always been an extremely important part of the U.S. economy. What's more, studies have shown time and time again homeowners are more active in their communities, healthier and less likely to be victims of crime. Simply put, home ownership is good for our citizens, our communities and our country. Which is why over the years, the U.S. government has created programs designed to make homeownership accessible for more Americans.