The experts at Blockchain Day 1 all regretted that the speculative aspects of blockchain technology could mask its main benefits.
The agreement reached with Metrovacesa Suelo y Promoción (hereinafter Metrovacesa S.A), in which BBVA holds a stake, represents a significant step forward in the bank’s real estate strategy. BBVA participated in a non-monetary capital increase, together with the other shareholders, through which the bank will transfer high-potential land holdings intended for housing developments valued at €431 million.
Unlike other sectors in Turkey, banks are standing out because of the excellent progress of their financial indicators in the first part of 2017. One of the reasons is the measures taken by the Turkish Government to stimulate growth. However, there are also other reasons that are making Turkish banks the ones preferred by many investors. Garanti, owned 49.85% by BBVA, has particularly shined bright.
When it comes to BBVA Compass credit card options, one size might not fit all – and that’s a good thing for consumers looking to find just the right card for them.
This week marks the 10th anniversary of the first green bond, in which BBVA participated. The bonds were issued by the European Investment Bank. Since then, a wide range of financial and non-financial corporate issuers have turned to the markets to issue this type of debt securities, accelerating growth of the market to its current volume of $210 billion. This year, important changes have been made that could increase green issues to $120 billion.
Where will the future seat of the EBA, the European Banking Authority be located? As of today, the only thing clear is that, as a result of the brexit, the institution will have to pass the torch to another EU city. The city chosen to host this European institution, responsible for ensuring the effective and consistent oversight and regulation of the European banking sector, will be announced soon.
BBVA Francés seeks to capitalize on the improving prospects of both Argentina’s economy and financial system to grow. To underpin the company’s growth, BBVA Group’s Argentine subsidiary has announced that it is preparing a capital increase through the issue of up to 95 million new shares, equivalent to about $500 million at today’s prices. This transaction will be offered both on the Buenos Aires Stock Exchange (BYMA) and as an ADS through the New York Stock Exchange (NYSE).
Small Places LLC was announced as the winner of the second installment of “The Pitch” from BBVA Compass and the Houston Dynamo on June 13, awarding the organization the grand prize of $10,000, and business consulting from BBVA Compass and Dynamo executives.