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Responsible Banking

Responsible Banking

BBVA CEO Carlos Torres Vila got a first-hand glimpse into the level of progress that the BBVA Microfinance Foundation’s digital strategy is enabling. Bancamía, the Foundation’s lending arm in the country, is managing to reach more and more customers who, until recently, had struggled to access financing as a result of the digital divide. BBVA’s CEO learned about two of the entrepreneurs backed by the institution and how microcredits have afforded them new opportunities to pursue a brighter future.

On February 28, BBVA unveiled its climate change and sustainable development strategy ‘Pledge 2025’. A cornerstone of this pledge is the sector norms which enable the bank to address specific matters of sustainability with particular environmental and social impact (mining, energy, infrastructure and agribusiness) and provide clear guidance on the procedures to follow in the management of clients and transactions in these sectors. These rules embody the Commitment to Human Rights that BBVA took on board in 2008 and which has recently been updated.

Last Sunday, June 17, the BBVA Communication team and their families took part in “1m2 por la naturaleza” initiative, the great collaborative garbage collection in Spanish ecosystems.

Having a good financial health means having both enough money to cover expenses and savings to face unexpected future events.  To know how to analyze it, the Center for Financial Services Innovation (CFSI) has identified, in a study published in the Center for Education and Financial Capabilities of BBVA, eight indicators that measure the state of people’s financial health.