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Finance

Finance

Ten years after the crisis broke, has financial stability improved? In the opinion of  Ricardo Gómez Barredo, Head of Accounting & Supervisors at BBVA, “clearly, we have come a long way,” but adds “regulation will have to continue to adapt itself to the new demands to ensure a level playing field for everyone”.

BBVA’s Garanti Bank has been named Silver Stevie Winner in the category of 'Best Use of Technology in Sales' for its new onsite banking application. The new platform greatly enhances the mobility of sales teams by allowing them to carry out direct, independent and face-to-face, off-branch business with customers where the customers are.

Europe and the U.S. need to promote global trade and services standards. And to do this, they must keep relying on multilateral agreements, which set out a strategic position with respect to third parties from a commercial, economic and political point of view. "The United States and Europe, united, are much stronger," said José Manuel González-Páramo, Executive Member of the Board, Head of Global Economics, Regulation and Public Affairs at BBVA, in Barcelona on Monday.

S&P has upgraded BBVA’s long-term debt rating to A- from BBB+, a level the institution had not achieved since early 2012. The agency underscored the strength of BBVA’s franchises in the countries in which it operates, aiming at strengthening profitability while pushing for digitalization.

Renovalia is the first company to secure a 'green project finance’ loan to fund the development of a renewable energy project in Spain. BBVA acted as ‘green loan coordinator’ of this €74 million facility, which will allow the company to fund Project Wind, which envisages the construction of two wind farms, one in Lleida and one in Barcelona, with 70 MW of combined installed capacity.