When the PPP launched earlier this year in response to the COVID-19 pandemic, uncertainty painted the quickly-changing small business landscape. That uncertainty still lingers now that the program’s narrative has shifted to the forgiveness phase.

BBVA Mexico reports that it successfully concluded the issuing of $500 million of unsecured senior notes in international markets, with a five year maturity and an interest rate of 1.875 percent.

Speaking at IIF Digital Interchange meeting, BBVA Group Executive Chairman Carlos Torres Vila said that the lockdown as a result of the pandemic boosted pre-existing trends toward the adoption of new technologies, towards digital. In his opinion, digital inclusion suppports all types of inclusion: educational, social and economic. That is why society needs to make an effort to ensure that no one’s left behind. “I think what stands out is the need for a more sustainable and a more inclusive economy. For this, we need a policy and regulatory environment that fosters innovation," he noted.

The wealth management sector is a unique area of the financial industry. Like two merging streams, it can easily blur the lines of consumer and business banking, and mix it into a quickly moving entity that changes at every curve.

The COVID-19 crisis is pushing vulnerable groups – those bearing the economic brunt of the crisis - to the limit. Leora Klapper, lead economist of the World Bank's Development Research Group and member of the Advisory Board of the BBVA Center for Financial Education and Capability, analyzes the key factors to boosting these groups’ economic resilience and promoting their financial inclusion.

BBVA and the Korean energy company, SK Innovation, have signed a working capital loan of €100 million to expand the company’s electric vehicle battery manufacturing facilities in Europe. This transaction is the first working capital loan certified by BBVA in Asia in compliance with its sustainable transaction banking framework.