BBVA posted an attributable profit of €1.93 billion between January and September, 37.3% less than in the same period a year earlier, when it booked capital gains on the sale of non-strategic assets. Without taking into account such gains, net income from ongoing operations rose 43.2% year-over-year, totaling €2.28 billion.
This is the second occasion the bank has received this award from the Social Ecumenical Forum in recognition of “its commitment to education, through which 1.5 million people have benefited from education programs for society, and its program of grants for integration that promote access to quality education for children and young people in disadvantaged areas of Latin America”.
BBVA Corporate & Investment Banking has been chosen as Best Domestic Cash Manager in Colombia, Peru and Venezuela, according to the results of a survey of this activity by the specialized publication Euromoney. This is the third time running that BBVA Provincial has received this award in Venezuela, and the second time in Colombia. It is also the first time that Peru heads the ranking.
BBVA Corporate & Investment Banking has won four of the Infrastructure Awards granted by the magazine LatinFinance thanks to its participation in the funding of the Chaglla hydroelectric project and the Transportadora Callao.
BBVA has been selected as one of the winners of the WLMT awards. These awards are granted by the Human Resources consulting firm Intrama in collaboration with the Madrid Regional Government and the Spanish Ministry of Health, Social Services and Equality. BBVA was chosen for genera!, its gender diversity website. Paloma Piqueras, global manager of BBVA Asset Management and representative of the Group’s Diversity Plan, accepted the award at the offices of the Madrid Regional Government.
BBVA Corporate & Investment Banking has received the “Market Outperformer Spain” and “Category Outperformer for Ancillary Services” ratings in the “Agent Banks in Major Markets Survey 2014” organized by Global Custodian magazine. This specialized publication has already recognized the bank’s institutional custody activity in previous years.
BBVA Ventures, the corporate venture arm of BBVA Group that invests in disruptive startups in the financial services industry, announced today that it has made an investment in Taulia, a San Francisco-based company that is digitizing the traditional supply chain finance process with its cloud-based platform.
A company will pay up to $10 (around 8 euros) for access to your social network accounts, credit card transaction records, and other personal information, and will sell insights gleaned from that data to companies looking for information on consumer behavior.
BBVA Compass’ efforts to give customers clear and transparent banking is getting some well-earned recognition, with comparison site WalletHub giving it the second-highest score in its 2014 Checking Account Fee Transparency Report. The news comes on the heels of the bank’s improved scores in a Pew Charitable Trusts study that evaluated leading U.S. banks’ checking account practices.