BBVA Trader is an easy-to-manage and accessible market monitoring platform for users with a trader and heavy-trader profile. Its Trader Pro version goes one step further. In line with its principle of immediacy and ease of use, this version of the tool is more customizable and offers more possibilities for operating in the markets.
Entrepreneurs seeking to launch or expand their enterprise may experience big success for their small business when it’s built with a set of prime financial tools. According to BBVA Compass Director of Small Business Product Solutions Lance Gibson, while needs differ from business to business, there are some financial tools that are essential when it comes to starting or growing a small business.
BBVA has sold one of the largest loan portfolios in the Spanish market to an affiliate of Cerberus Capital Management, L.P. The portfolio, which has a gross nominal value of nearly 600 million euros, consists of loans from real estate developments distributed throughout Spain, with the largest number in Andalusia, Madrid and Catalonia.
Technology is changing the way we make our payments, with new applications for carrying out transfers or payments, which require nothing more than a smartphone.
Consumer debt in the U.S. continues to be pervasive some seven years after 2008’s economic downturn. If you count yourself as one of those still struggling, take heart. With a dose of discipline and self control, you could potentially loosen debt’s vice grip on your life.
“Developing better solutions for customers through technology,” is one of the goals of BBVA. And the bank is managing to achieve it. CEO Carlos Torres Vila, along with CFO Jaime Sáenz de Tejada, used the occasion of the presentation of bank’s second quarter 2017 results to offer some interesting data on the bank´s digital transformation.
Market analysts have positively evaluated the half-year results BBVA presented yesterday. The general opinion is that BBVA Group reported solid results that confirm its ability to generate strong rates of growth throughout 2017. The results were better than expected in the principal income statement categories and business areas.
Between January and June 2017, BBVA Group posted a net attributable profit of €2.31 billion, up 25.9% from the same period a year earlier (+30.8% in constant terms). The solid performance of recurring revenues, moderation in operating expenses and a drop in impairment losses on financial assets are the main factors that supported this growth.
BBVA Compass Bancshares, Inc., a Sunbelt-based bank holding company (BBVA Compass), reported today record net income of $157 million for the second quarter of 2017, a 29 percent increase from the $123 million earned during the second quarter of 2016 and a 30 percent increase from the $121 million earned during the first quarter of 2017. Return on average assets and return on average tangible equity(1) for the second quarter of 2017 were 0.72 percent and 7.93 percent, respectively.