The European Investment Bank Group and BBVA have signed a synthetic securitization to finance investment projects of Spanish SMEs. The agreement will enable the provision of €600 million.
The creation of a Single European Market without borders or customs duties is considered one of the greatest achievements of the European Union. The common market is now 25 years old and finds itself at a moment of crucial change in which digital disruption requires new products and services to be regulated.
With a little under a month to go until the world’s biggest fintech competition closes for entries, BBVA Open Talent has unveiled a new incentive to enter.
BBVA to invest $50 million into Sinovation Fund IV, a Chinese venture capital fund run by Sinovation Ventures and led by Dr. Kai-Fu Lee.
Kai-Fu Lee, founder of the venture capital fund, Sinovation Ventures, is as popular in China as Elon Musk is in the west. With 50 million followers on “China’s Twitter,” the social network, Weibo, he was dubbed by Wired as the indisputable rock star of China’s technology scene.
Our mobile phones have become an extension of ourselves. Even more so when looking at markets like Spain where there is significant smartphone market penetration. That’s why BBVA has committed its firm support to creating a unique experience for its customers using mobile devices. The data validates the positive progress made by the business in this digital channel. The bank’s app in Spain has just surpassed 5 million downloads by individual Android users, and at the close of March, the number of mobile customers exceeds 3.4 million.
Global Finance magazine has chosen BBVA as the best technological bank in Latin America in 2018. Since the outbreak of the financial crisis, the world of fintech and new technologies have become an increasingly pivotal component of financial institutions and transactional security. That’s what’s driven the prestigious publication to pay tribute to the institutions that are doing a great job at harnessing the power of these new technologies.
The global head of Customer Solutions (CS) closed BBVA Colombia’s quarterly planning meeting in an ‘All Hands’ session with 300 participants representing all areas of the bank. The message is clear: the transformation is accelerating.