Finance
Finance
"The reconciliation between regulation and economic growth was the main topic debated during Oliver Wyman CIGI conference, celebrated in Rome, last 21st of November. BBVA Executive Board Director, José Manuel González-Páramo, participated at a panel titled Is bank regulation appropriately balancing safety and growth?"
The ECB will keep interest rates unchanged and extend its bond-buying program until the end of 2017, although for a lower amount, starting in April. Draghi did not rule out the possibility of new extensions if conditions are not favorable. The market reacted with significant increases.
Europe has taken a giant leap forward to keep taxpayers from footing bailout bills in the future. Last week, the European Commission unveiled a regulatory package which, among other measures, envisaged the revision of the resolution framework for institutions. The proposal represents a new leap towards the goal of ensuring that banks allocate the right amount of resources to absorb eventual losses, even bail-out themselves, without resorting to public funding. It will also help European banks boost the amount of high-quality capital in their balance sheets.
If there is something that unites the BBVA Paraguay team is its members’ passion for the brand. And no other color reflects that passion better than blue.
Financial and commercial services
BBVA Compass scores breakout role in CFO’s annual Commercial Banking Survey
BBVA Compass scored a breakout role in CFO magazine’s annual Commercial Banking Survey, becoming the only bank to land in the top three across all criteria on which senior financial executives judged their banks.
Last week, the European Commission announced a new package of regulatory measures: An in-depth regulatory overhaul at all levels - capital, capital adequacy, leverage ratio and loss-absorbing capacity - aimed at “completing the post-crisis regulatory agenda by making sure that the regulatory framework addresses any outstanding challenges to financial stability, while ensuring that banks can continue to support the real economy.”