The 2019 syndicated loan market in Spain remained stable compared to 2018, primarily due to available liquidity —from banks and and institutional investors— in an environment of historically low interest rates. In addition, the European Central Bank has has all but ensured that interest rates will continue to hover in negative territory, given expectations for inflation over the next three years.

Shortly after being recognized by Global Finance magazine for its cash and treasury management services, BBVA USA earned another pair of awards today from financial industry research firm Greenwich Associates.

BBVA is to propose at the Annual General Meeting the appointments of Ana Revenga, Raúl Galamba and Carlos Salazar as new board members. With this announcement, BBVA fosters diversity of its highest decision-making governing body in several areas: female board members will now account for a third of the Board, meeting the goal set for 2020; and foreign board members will represent 40 percent. Areas of knowledge as relevant as sustainability will also be reinforced, especially from a social and aid development standpoint, as well as the global financial system and the Mexican financial sector, in particular. Following these changes, the Board will have two thirds of independent members.

Simple, a subsidiary of BBVA USA, today announced its automatic savings program, Round-up Rules, reached a benchmark of more than $1.2 million in customer savings accounts.

For the second consecutive year, Global Finance magazine has recognized BBVA’s treasury and cash management services, naming the bank as the Top Treasury and Cash Management Provider in the Southwest for 2020. 

The 2019 bond market was marked by record levels of bond issuance, exceeding the 2018 volume issued in Spain by 29 percent. Also noteworthy, the green, social, and sustainability bond issuance activity saw impressive positive performance, with a volume of close to €230 billion worldwide. BBVA stood out as the most active player with a green bond issuance volume of above €3.3 billion.

BBVA USA’s Global Wealth team saw a continued growth in customer satisfaction in 2019, reporting solid Net Promoter Score via its Voice of the Client Experience Program.

ROTE or “Return on Tangible Equity” is a ratio that helps measure a company's profitability.

ROE stands for “Return on Equity” and is the most used measurement of a company's profitability. It is calculated by dividing the company’s net income by shareholder equity (or the company’s assets minus its debt).

Recurring income (or core earnings) is the most closely linked to the traditional banking business: net interest income and commissions.