Good financial health is a growing and serious concern. Individuals who exhibit financial vulnerability may spread negative effects to their households, compromising their well-being. It is therefore critical to understand financial health and the extent to which it can contribute to improved financial resilience. According to a recent report by BBVA Research, digitalization and financial education are key elements to be included in any public or private measures intended to help improve individual financial resilience.
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.
BBVA has been selected best digital bank in Spain for corporate and institutional clients according to the trade publication, ‘Global Finance.’ Each year, the monthly magazine recognizes the best financial institutions around the world. Founded in 1987 and with a circulation reaching more than 160 countries, ‘Global Finance’ is an established and trusted standard of excellence. The magazine also recognized BBVA this year as the world’s best corporate bank and the most innovative digital consumer bank in Latin America.
Large technology companies, or bigtech, have a large customer base, access to a massive volume of data and financial strength. While banks also have some of these attributes, it is the network effect technologies that companies benefit from that could ultimately undermine data-fueled innovation that is causing regulators and businesses alike concern. According to Santiago Fernández de Lis, the Head of Regulation at BBVA, if we want to ensure the continued growth, innovation and sustainability of the digital economy, we need to shift our approach to regulation from a national, sectoral approach to a truly cross-border and intersectoral approach.
In recent times, EU institutions have made significant headway in developing a credible banking union. But despite progress, there is still a lot of work to do. According to José Manuel González-Páramo, Executive Director and Global Head of Economics and Institutional Relations at BBVA, the Europe’s new lawmaker team must promote new reforms to advance towards a true union.
Last week, Eduardo Osuna Vice President and General Manager of BBVA in Mexico, conducted a “teach-in” for analysts who follow both the bank and the Spanish banking sector in general. He used the meeting organized by BBVA to talk about the Group’s Mexican affiliate and stress the bank’s positive performance at every level.
Global Finance has crowned BBVA as the world’s best bank for corporate clients in this year’s edition of its flagship Best Global Banks awards. Thus, the prestigious publication recognizes the excellence of the product and service portfolio that the bank offers to small, medium and large business through its different business units.
BBVA is a customer-centric global financial services group founded in 1857. The Group operates in more than 30 countries and has a strong leadership position in the Spanish market, is the largest financial institution in Mexico, it has leading franchises in South America and the Sunbelt Region of the United States. It is also the leading shareholder in Turkey’s BBVA Garanti.
Each individual can play a part in the fight against climate change, to one degree or another. With small, daily gestures, it is possible to contribute to the conservation of the environment. Large corporations, through different debt instruments, bonds, and even specific transactions, also play a role in supporting this campaign, a campaign that concerns every corner of society. More specifically, what impact do businesses have on the environment, and what can they do to offset it?
Within the different types of sustainable loans, Revolving Credit Facilities (RCF), the already known financing product, have become increasingly popular in recent months. Today we know that this type of product can also be sustainable, but what exactly is a Revolving Credit Facility?