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Sustainability and Responsible Banking

Sustainability and Responsible Banking

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The path of devastation left by Hurricanes Harvey and Irma has affected more than tens of thousands of people along the Texas Gulf Coast and Florida. According to BBVA Research USA, the economic impact of Harvey could reach $111 billion for Texas and $52 billion for Florida due to Hurricane Irma. Now as impacted communities transition to the recovery stage, many neighbors and people throughout the nation are willing to lend a helping hand. Here are a few ways you can assist with disaster relief efforts.

The CFA (Chartered Financial Analyst) credential is the most complete and recognized credential in the world of investment and finance. There are more than 500 CFAs in Spain, but, what are the requirements to become a CFA?

Hurricane Harvey slammed into the South Texas coast in late August, bringing with it historic and unprecedented flooding and leaving a path of destruction in its wake, the exact toll of which will take weeks, months and likely even years to determine.

BBVA Compass, with nearly a quarter of its branches located in South Texas and its holding company headquarters located in Houston, felt the full force of Harvey’s lashing, with employees’ personal lives impacted, administrative buildings closed, branches closed and some flooded and ATMs knocked offline. But, as one of the top 25 largest U.S. commercial banks based on deposit market share, it was critical that operations continued with minimal interruption to serve all communities and clients.

The possibility of using blockchain technology to monitor the origin of a product or to record intangibles, such as hours worked, opens up a new field that could revolutionize the concept of Corporate Social Responsibility. In this new post on #RevoluciónBlockchain, Iñigo Molero invites you to imagine the uses for a new mechanism to guarantee and give authenticity to companies’ social commitments.

BBVA Compass, whose holding company is headquartered in Houston and which has a significant presence in the city, announced today that its foundation will donate $250,000 to the American Red Cross and the Hurricane Harvey Relief Fund to aid disaster recovery efforts in Texas. The bank also plans to raise, online and at its branches, up to $250,000 in employee and customer contributions to the two organizations for a total contribution of up to $500,000.

Image of Women entrepeneurship Garanti

Garanti Bank believes that for any economy to achieve further growth, the participation of women in the labor force is crucial. Women must be encouraged to be entrepreneurs, and women- owned businesses must be supported. Garanti took action in 2006, becoming the first private bank to define  women entrepreneurs as a separate client segment. “To empower women entrepreneurs”, Garanti Bank has had a sustainable Women Entrepreneurs program over a decade. In this respect, the activities focus on four core areas; access to finance, encouragement, education and penetrating new markets.