On July 1, the Council of Ministers approved a decrease in the line of participatory loans to projects of technology companies of 18.6 million euros, from the 20.4 million euros originally envisaged in the Council of Ministers of April 29 to 1.7 million euros in the end. A reduction by implementing the agreement of lack of availability of credits in the 2016 State Budget amounting to 2 billion euros.

Below is a timeline illustrating the BBVA Chile Group’s main milestones. In its 18 year history in the country, the Group stands out for its innovative capacity, growth and state of the art financial products and services. This has allowed the Group to make millions of people's and companies’ lives easier and has also helped make their dreams and projects a reality.

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In the Swedish city of Lulea there is a place that stores the photographs, videos and texts of more than 300 million people who use Facebook in Europe.

In May 2016, we went to Lima to see for ourselves the new ways of working that BBVA is introducing throughout the organization to accelerate its transformation. For two days, BBVA Continental teams met to participate in a quarterly planning session. The goal is to decide on the projects for the next three months and determine the tasks that must be carried out to make them a reality. "Agile methodologies have proven to be a model that works and really get people excited,” affirms Karina Bruce, Talent and Culture Manager at BBVA Continental.

Technology is becoming more accessible and Mexicans are increasingly using mobile devices. The financial sector is taking advantage of this paradigm shift to embark on the digital transformation.

BBVA Open Talent has consolidated its position as a global leader of fintech competitions, with startups competing from 77 different countries in this year's edition.