BBVA receives Euromoney’s global award for Best Bank Transformation BBVA’s digital project to lead the financial industry in the 21st century was the best transformation over the past 12 months by a financial institution at a global level, according to British magazine Euromoney. The jury singled out BBVA in this new global category of the ‘Euromoney Awards for Excellence 2014’ for the achievements of its senior management in transforming the business, following a comprehensive strategic review of the bank in order to tackle the new challenges facing the industry.
At a meeting today in Paris BBVA Chairman Francisco González emphasized that “financial literacy should be promoted in all stages of life, starting with the very young, and it should form part of educational curricula.” During the launch of the OECD PISA report on financial literacy, he pointed out that “financial education is a priority in our Responsible Business Plan” and added that “about 2.4 million people –customers and non-customers- have benefited from our educational programs.” Since 2010 BBVA has helped the OECD with funding for the PISA report on the financial literacy shown by 15-year-old students from 18 countries.
“It’s not outsourcing; it’s crowdsourcing” published Wired in its June 2006 issue 2006, thus creating a neologism that from then on would be used to describe problem solving and/or idea generating through an open and participative process. Since then, the big companies have been using this procedure more and more. Examples are:
BBVA came first in the distribution business and analysis of equity derivatives in a survey conducted annually by Thomson Reuters EXTEL, with 10.6% and 13.2% of the customers’ votes respectively. This recognition was possible thanks to its strategy of providing customers with an added value that combines analytical solutions with a prompt and precise price offer.
This morning BBVA Chairman Francisco González explained how the bank is ready to cater to the needs of a generation of customers who grew up using the Internet, after completing its new technology platform over the past few years. He said, “In digital banking the really important decisions were taken seven years ago”.
The digital economy goes much further than simply using the new technologies; it is a way of re-thinking the company.
Ana González, head of Selection for BBVA Spain and Global Areas for the Group, highlighted how important it is to have been chosen for the second year running as the financial institution young Spaniards would most like to work for.
The entrepreneur’s career is not easy. If a last-minute meeting has prevented you from submitting your project to BBVA Open Talent, we want to wait for your contribution before we get this adventure started. This is why we are extending the application deadline until June 25.
BBVA has been recognized as the best Spanish company in online communication of corporate responsibility, according to the Italian consultancy Lundquist. At the IV CSR Online Awards BBVA has risen by one place to 7th company in the ranking of more than 100 European companies.
BBVA Chairman Francisco González has been awarded the Americas Society Gold Medal in recognition for his important contribution to the growth and development of the Americas. He received the award last night at a formal dinner in New York.