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Finance

Finance

BBVA Executive Director José Manuel González-Páramo believes the success or failure of a bank in the age of digital disruption involves a combination of internal factors, such as changing the corporate culture, and external factors, like regulation. Speaking at an event organized by the U.S.-Spain Council – where participants analyzed the impact of digital disruption on both sides of the Atlantic  - BBVA’s Executive Director recalled that the banking industry is today in the process of reinventing itself.

Green finance, whether in bond or loan format, refers to any debt instrument intended to raise financing to fund green and sustainable projects, thus contributing to fight climate change and achieve sustainable growth objectives.

Technological disruption can help banks comply with the ever-expanding body of financial regulatory requirements more efficiently. This was one of the takeaways of the Financial Stability Conference held in Berlin, in which José Manuel González-Páramo participated. BBVA’s Executive Board Director analyzed the regulatory framework that has emerged in the wake of the financial crisis, the need to find the right balance between financial stability and regulatory efficiency and the influence of new technologies in regulatory compliance.