Last year, a product that had been practically unheard of took the world of corporate financing by storm: green loans. These are loans aimed at advancing environmental sustainability and until quite recently came under the umbrella of Green Bond Principles. As of a few months ago they now have their own guidelines known as Green Loan Principles.
Moody’s has affirmed BBVA’s A3 rating, maintaining a stable outlook on the Group’s financial debt. The ratings agency said the rating affirmation reflects the resilience of BBVA’s credit profile to the deterioration of the operating environment in Turkey.
BBVA has reaffirmed its leadership in sustainable financing with the execution and structuring of the first revolving credit facility (RCF) for the power utility A2A in Italy. The bank acted as an advisor, sustainable coordinator and documentation agent, heading a finance deal valued at €400 million euros.
Luisa Gómez Bravo, Global Head of Investment & Cost Management BBVA Group.
Luisa joined BBVA almost 20 years ago. During this time, she has held various positions in the bank, moving up to become the main financial head overseeing the Group’s investments and spending and, specifically the ‘Single Development Agenda’ (SDA).
She studied at ICADE and graduated with degrees in law and business administration. She lived in London for several years where she worked for American investment banks. Her view of BBVA is that it has always given her the opportunity to learn and develop. “That's my main motivation.” she states.
Passionate about her job, she gets excited when she talks about the new way of working – using agile methodologies in small, multidisciplinary teams with quarterly product deliveries that enable fast results. “It's exciting because your effort becomes tangible” she remarks when interviewed about the implications of the new management approach, which prioritizes resources on a global level according to the impact each project could have on BBVA's business.
There are virtually no BBVA Compass branches in the Los Angeles area. When Stephen Flynn accepted his position as the bank’s Los Angeles Market President in December, the client list was significantly smaller than it is today.
Companies, just as individuals, have financial needs related to the management of liquidity and working capital in the short term. The term 'Working capital' makes reference to those solutions, which include 'factoring', 'confirming', bilateral loan, commercial discount, guarantees, 'leasing' and 'renting'.
As a Certified Financial Planner, it makes sense that BBVA Compass Investment Solutions Executive Director Lorin McMurray would run the gamut when it came to saving for his children’s college, having an investment in a prepaid plan from his home state, a 529 savings plan and a custodial account. Even still, he says, “College will cost you more than you ever thought.”
New York University (NYU) made headlines around the country last week when it announced that it would be offering free tuition to current and future medical students to help alleviate the financial worries that come with high medical school costs.
The BBVA Trader platform makes various tools and specialized content available to those customers who want to learn about the world of trading in more detail. Using leverage to trade stocks is a type of transaction that is supported by the BBVA Trader platform, which also provides the relevant must-know information for anyone embarking on this approach to trading.
BBVA Compass’ Global Wealth team has a broad array of solutions for consumers who might have a one-size-fits all need. In fact, wealth management is simply the tip of the iceberg when it comes to the bank’s plethora of products in this area of banking.