BBVA has agreed to sell its 29.68% in Citic International Financial Holdings Ltd. (CIFH) for about €845 million to China CITIC Bank Corporation Limited (CNCB). This deal improves the BBVA Group’s fully-loaded Common Equity Tier 1 capital position by around 20 basis points, equal to generating over €700 million in capital. The sale does not change BBVA’s stake in CNCB.
Balancing work and family life must be addressed holistically as a challenge that seeks to accomplish a complicated social goal.
The Federal Government has received the Global Partner Award granted by the United Nations for its leadership in the work of rebuilding the community of "La Pintada", in the municipality of Atoyac de Álvarez in the state of Guerrero, where BBVA Bancomer and its foundation played a key role in the reconstruction of the education centre.
BBVA has received the award from the SERES Foundation for its initiative in sponsoring job creation entitled "Yo Soy Empleo" (I am employment). This award for innovation and social commitment, granted in recognition of the constant work done by companies to improve society, was accepted by Ignacio Moliner, BBVA's Brand & Communications Manager.
BBVA Provincial has for the fourth time been named the best bank in Venezuela by the well-known journal The Banker. This award serves to reassert its capacity to tackle the new climate in the financial industry, with its new regulations, increased competition and customer demands, and specifically to continue its process of technological transformation and migration towards digital banking.
Like all beginnings of decades, the symbolic date of 2020 raises all sorts of expectations and questions in these previous years about transformations to various activities, and financial services are no exception. From the technological innovations foretold at the Fintech Conference to the challenges set by the PwC study Retail Banking 2020: Evolution or Revolution?, all experts seem to agree on one thing: there will be profound changes in the sector over the next six years.
In an interview on Onda Cero radio today, the chairman & CEO of BBVA, Francisco González, said, “Turkey will be one of the bank’s best investments in the future.” BBVA announced an agreement last week to become a leading shareholder in Garanti, the largest Turkish bank in terms of market capitalization.
BBVA Continental has received an official endorsement as one of the ten companies on the Index of Good Corporate Governance for the period 2014-2015, according to the survey “La Voz del Mercado 2014” conducted by the Lima Stock Exchange and Ernst & Young (EY).
Latin Finance has voted BBVA Banco Provincial its 2014 Bank of the Year in Venezuela. This distinction is the result of a thorough analysis by editors and specialists at the prestigious journal, who highlight the work of financial institutions in complying with criteria of excellence within the banking environment in Latin America and the Caribbean.