BBVA has signed the first green loan in the project finance format with the Italian energy company Terna. The funding has been structured into a loan A for 56 million dollars awarded by the Inter-American Development Bank (IDB) and a loan B for 25 million dollars entirely subscribed by BBVA, which has also headed the green structuring of the funding and acted as the Green Loan Coordinator.
The European Commission just unveiled a new directive on corporate governance, and more specifically on shareholders' rights, which will have to be transposed nationwide by June 2019. The Commission’s initiative serves a dual purpose: It wants to promote the use of new technologies in the corporate governance of companies while increasing the commitment to transparency among institutional investors, asset managers and the companies in which they invest.
When BBVA Compass South Alabama Market CEO Claire McCarron got her first job in Commercial banking, she didn’t guess that her undergraduate psychology degree would be just as useful as her MBA, but after 30 years in banking, she’s grateful for both.
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.