Türkiye Garanti Bankası A.Ş., announced its financial statements dated March 31, 2018. Based on the consolidated financials, in the 3 months period of 2018, Garanti’s asset size reached TL 359 billion 882 million, its contribution to the economy through loans and non-cash lending reached to TL 298 billion 250 million 713 thousand. The Bank delivered an ROAE (Return on Average Equity) of 18.3% and ROAA (Return on Average Assets) of 2.2%.
BBVA has signed a financing contract with Forestalia, Mirova, GE and ENGIE to develop the first 300 megawatts (MW) of wind power free of subsidies and incentives in Spain. The 9 wind farm complex, dubbed the Goya Project, will be built in the province of Zaragoza. The 300 MW were awarded in the first renewable energy auction in Spain, held in January 2016, in which Forestalia was the largest bidder. This is also the first green loan to be granted in Spain under the “Green Loan Principles” in which BBVA has coordinated the issue, with Altermia providing Second Party Opinion.
José Manuel González-Páramo is Ph.D., M.Phil. and M.A. in Economics from Columbia University. He also holds a Ph.D. from Universidad Complutense.
Derek White heads BBVA’s Global Customer Solutions area and leads the delivery of the digital transformation of the bank to support the achievement of BBVA’s strategic purpose of bringing the age of opportunity to everyone.
Ricardo is the Global Head of Talent and Culture and a member of the Executive Committee at the BBVA Group. In this role, he is responsible for people management, organizational development, cultural transformation, corporate premises and services, and cross-functional projects. Previously, he was the Head of Business Development for Growth Markets, where he led the business development and digital transformation efforts in Turkey, Mexico and South America.
Recently Facebook’s founder, Mark Zuckerberg, stated that he was going to subject his company to the standards of the new European data protection regulation that will be in force from May 25th, the GDPR (General Data Protection Regulation) But, what impact will this legislation have on a technology company like Facebook? And on others?
Cristina de Parias (born in Seville in 1965) has been Country Manager of BBVA Spain since 2014. She holds a law degree from the University of Seville and an MBA from IESE.
Eduardo Osuna Osuna (Mexico City, 28 de septiembre de 1969) is Vice President and CEO of BBVA Bancomer. He graduated with a B.S in Mechanical-Electrical Engineering from the La Salle University in Mexico City where he also graduated with a M.S in Top Management from the IPADE Business School. In addition he has a major in M&A from the Columbia Business School.
BBVA has signed a $400-million-dollar green loan with Iberdrola, the first green corporate loan to be formalized in Latin America. This reasserts BBVA’s commitment to sustainable financing by supporting the development and implementation of financial products in the green format.