The European Central Bank (ECB) yesterday has announced the outcome of the final auction of TLTRO-2 (targeted long-term refinancing operations).  These long-term financing operations aim to stimulate lending in the euro zone. The demand for additional liquidity has reached 233.47 billion euros, far above the amount from previous auctions and market expectations.

B20 (the official business dialogue of the G20) defends that the world’s 20 most developed countries should promote inclusive growth, while ensuring the financial stability of the system. BBVA Executive Board Director José Manuel González-Páramo, in his capacity as co-chair of the Financing Growth and Infrastructure taskforce, explained today in Paris the importance of developing a coherent and proportionate regulatory framework, especially in the digital regulation arena, as fundamental pillar to promote inclusive growth.

Today, BBVA CEO Carlos Torres Vila, speaking to international investors, emphasized that BBVA is well positioned to capitalize on the opportunities afforded by the current environment, thanks to its clear and well defined strategic path, a transformation plan focused on the customer and based on the use of data and technology and the strengths of its business model.

After the approval of last year’s financial statements in the Annual General Meeting, BBVA is releasing the most relevant information of the year in its report, BBVA in 2016. The report offers a clear and intuitive overview of the Group’s strategy and performance highlights in 2016, with a special focus on the most relevant issues for BBVA’s stakeholders.

• Quorum was over 63%
• The financial statements were approved with more than 99% of votes. And the approval for the management of the business society in 2016 received almost 99% of votes.

The remaining items in the agenda were approved by a large majority.

This is the new BBVA, a global financial group with the purpose of bringing the age of opportunity to everyone. 160 years after its foundation, BBVA leads the transformation of the banking industry worldwide. BBVA is now present in 35 countries with over 134,000 employees serving 70 million customers.