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.
A small country surrounded by giants, Uruguay always knew it would have to work hard to claim its spot in the region. And it surely has: besides its traditional agricultural production and its booming and popular tourist industry, the country now strides ahead confidently into the 21st century, with a thriving software sector.
BBVA Compass Insurance Agency, an affiliate of BBVA Compass, has partnered with Boise-based Covr Financial Technologies, a digital personal insurance platform, to offer insurance seekers direct control over the insurance-buying process with turnkey access to quotes and product information from a network of carriers.
The ECB has published its annual report on the supervisory activities appointed to it by the Single Supervisory Mechanism. Key achievements in 2016: effectively addressing the non-performing loan (NPL) issue, the improvement the solvency of the euro area banking sector and the further harmonisation of banking supervision in the euro area. In the spotlight for 2017: new challenges, like the new scenario for European banks after Brexit and fintech-related risks.
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.