At a time when everyone is wondering whether there is still innovation to develop new products and services, Fintech appears on the horizon as the great trend to follow. A movement where a lot of small companies want to change the way we understand financial services by using technology.
BBVA’s new headquarters in Madrid has been built according to the strictest sustainability criteria to ensure minimal environmental impact. Thanks to the smart systems built into the new Ciudad BBVA it has been possible to achieve energy consumption rates of 30%. Potable water consumption has been also cut by half and 100% of waste is recycled.
The Free Trade Agreement between the EU and the US seeks, in broad terms, to foster the trade of goods and services and investment between both blocks. The partnership will boost growth and create new jobs, becoming a frame of reference for other economies.
BBVA has received the approval from the China Banking Regulatory Commission (CBRC) to open a branch office in Shanghai, the first one the bank opens in Mainland China. The Spanish bank has been present in this city for ten years through its representative office, which was opened in 2005.
With this operation BBVA invests around 64 million euros in the capital of this United Kingdom mobile bank as part of the Group’s strategy for pioneering financial services in the digital area.
BBVA Chairman & CEO Francisco González pointed out today that the banks of the future will be software companies focusing on turning data into useful knowledge to offer the best solutions for each customer. To deliver these services, banks will need to tackle a profound transformation, engaging the company at all levels. BBVA embarked on its transformation process eight years ago and today has an organizational structure unlike any other in the global banking industry, said Francisco González.