Finance
Finance
BBVA Compass South Florida Market President Roberto Muñoz was honored last week with Florida International University’s Distinguished Alumni Award at its 16th Annual Torch Awards Gala. The celebratory event recognized alumni and faculty who are positively impacting their profession, the Miami community and the university.
BBVA Compass ClearSpend Visa, the bank’s prepaid debit card, was recently awarded with a 2016 Visa DPS Client Achievement Award for Highest Portfolio Growth - Prepaid, Consumer Reloadable.
On April 4 the new €50 note will enter into circulation. This new note, presented on July 5, 2016 by the European Central Bank will be phased in gradually and will coexist with the preceding model, which will remain legal tender. Thus, the ECB completes another step in the rollout of the Europa series, and follows the €5, €10 and €20 notes, which have already been issued. Reinhold Gerstetter, independent banknote designer was selected to refresh the design of the notes.
BBVA on April 3 announced the successful placement of €1.5 billion five-year preferred senior debt with a floating coupon rate. High demand, about €3.25 billion, allowed the price to be cut to very competitive levels, without an issue premium. The order book closed in just two hours, drawing 260 international investors
Global Finance called BBVA the best investment bank in both Spain and Mexico for the sixth and third year in a row, respectively, recognizing the service the bank provides in this sector and its innovative financial proposals.
On 2014, a series of standards were passed that aimed to significantly boost financial inclusion levels. The initial and pivotal element was the Financial Inclusion Act, which builds on three pillars: