Finance
Finance
In 2017, Latin America will manage to grow again, at a rate of about 1.5%, after five years of economic slowdown, said this Thursday BBVA’s Executive Board Director speaking at the Latibex Forum. During his address in the opening day of the annual event, José Manuel González-Páramo noted that “Latin America is at a turning point”.
The fall of Lehman Brothers made it clear that the size of a bank can be important. Its collapse demonstrated the impact that an institution’s bankruptcy could have on the whole financial system and its repercussions for a country’s entire real economy. As a result, the G20 authorities sought to protect financial stability. Their first step was to identify other systemic banks.
Since the start of the Single Euro Payments Area initiative, known as SEPA, it has hit numerous milestones. November 20th will be another important day in this process of adapting to the new payment regulations in Europe.
BBVA’s CFO in Spain, Ángel Reglero, participated in the UBS European Conference today in London, where he explained the key management priorities in this market. Numerous companies participate in the event, designed as a forum for qualified investors.
BBVA Compass, the nation’s 22nd-largest bank by deposit market share, is punching way above its weight in its drive to become the lender-of-choice for entrepreneurs and small businesses.