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Life and Culture

Life and Culture

BBVA USA today announced the formation of its second Business Resource Group (BRG), this one in support of employees who identify as part of the lesbian, gay, bisexual, transgender, queer (LGBTQ) and supporting community. The announcement was made during the bank’s first LGBTQ Perspectives internal panel discussion, held virtually and including more than 300 bank employees.

The world of work and professional environments are in the midst of a full blown transformation process, especially in the wake of the COVID-19 lockdown. According to Ophelie Richard, BBVA global head of Talent Acquisition, "the value of assigning workstations to specific individuals based on their hierarchy within the organization has been completely redefined." And this, in her opinion, "opens up great opportunities, from hiring employees regardless of their geographic location to workstation virtualization.”

As part of its collaborative framework with Turkey's Notary Association, Garanti BBVA has created the Safe Selling System for the buying and selling of second-hand vehicles. Thanks to this new system, Garanti BBVA customers will no longer need to bring the cash amount of the purchase with them and they will be able to complete the deal online or using their smartphone in a process that is simple, fast, and safe.

Much is said about financial inclusion's impact in people’s sustainable development: access to financial services is the gateway to an improved well-being and a necessary condition to guarantee equal opportunities, in addition to promoting growth. Institutions like the BBVA Microfinance Foundation facilitate this inclusion, something which, beyond its tangible value, empowers people to gradually enhance their financial management skills and, overtime, gain access to products and services from the formal banking system.

BBVA-open-mentoring-LANZAMIENTO

The bank launches a global program in order to contribute to its employees’ professional development, to promote the acquisition of new skills, and widen the network of contacts within the company. The initiative empowers mentors and mentees from across the Group’s footprint to connect, transforming the process into one that puts the employee in control of his or her own development.

The coronavirus crisis has proven to be a catalyst for workplace flexibility. Companies around the world urgently accelerated their digitization processes in order to first cope with the lockdown measures established in the early days of the pandemic, and going forward to design a new approach to the world of work. If technology served as the primary ally during the initial phase of this transformation, work-life balance is now positioned as the most significant challenge to overcome. BBVA is already preparing for this new reality, evolving its flexible work model, which it implemented two years ago, to cater to the new reality. The bank is responding to important challenges like the use of physical space, goal setting, the new profile of leadership, and employee empowerment and engagement.

Corporate virtual security has become even more important as a result of the coronavirus pandemic. Cybercriminals have found new opportunities in digitization and remote-working to commit fraud and cyber attacks; companies and employees alike have to be prepared against this risk. To this end, Campus BBVA has trained approximately 2,000 employees using courses, conferences, and discussion groups focused on digitization and tele-working as strategic capabilities that promise to be fundamental during the near future.

The 9th of August is the day the United Nations honors the indigenous people for their efforts in protecting biodiversity and a millenium-old culture. They comprise 6% of the world’s population but their territory houses 80% of the planet’s biodiversity. Indigenous communities possess valuable knowledge on how to preserve the environment and care for natural resources. However, they face challenges that put their survival at risk, such as the lack of basic services like health -especially during the COVID-19 pandemic- or access to finance. Among other obstacles that hinder their progress is the lack of infrastructure, but the language barrier is also significant.