Bank cards form part of the daily lives of hundreds of millions of people. The keys to their success are their comfort and simplicity for carrying out all kinds of operations: cash withdrawals, purchases, payments ...When it comes time to choose one, it is important to know what types of bank cards there are and their characteristics.
Sustainability and Responsible Banking
Sustainability and Responsible Banking
Green bonds have been building a solid reputation among investors. Since December 2019 green bonds can be traded openly and transparently online. This is how the Nasdaq Sustainable Bond Network (NSBN) - the first electronic marketplace where professional traders can buy and sell sustainable, social and green bonds - works.
Nearly half of Spanish millennials (the generation born between 1978 and 1999) think that when they retire there will be no social security pension waiting for them, according to the BBVA pension institute's ninth annual survey. This helps to explain why three quarters (76%) of millennials believe the pension system needs a rethink. Only one in six respondents had started saving for retirement. Of those few, most use individual pension plans.
BBVA USA has announced that it has become the 2020 sponsor of the annual and historic Iron Bowl matchup between the University of Alabama and Auburn University football teams.
The Glasgow Climate Change Conference, which was planned for November, will have to wait until 2021 due to the pandemic. The global problems that existed prior to the arrival of COVID-19, which are still affecting the planet and will have an impact in the future, have not disappeared. The climate crisis cannot wait and remains a central topic on the agenda of all main actors - from governments and non-profits to the private sector. The upcoming preparatory meetings in London and Paris are proof that the organization is continuing its roadmap to remind us of just how much the planet has at risk.
In a year marked by a global pandemic, racial and civil unrest, a depressed economy leading to mass unemployment and a polarizing political landscape, it’s easy to believe that companies should simply be in survival mode and cut straight to the basics of their business.
Over the course of the last decade, a number of global financial banks – including BBVA- have aligned with the recommendations on non-financial reporting and disclosures issued by different international organizations. Including, the Financial Stability Board and its recommendations through the Climate-Related Financial Disclosures Working Group (TCFD), the UN Environment Programme - Financie Initiative (UNEP FI), or the different national legislations . These suggestions are intended to help companies raise awareness about their environmental commitment by including and disclosing information on climate related risks and opportunities.
Garanti BBVA Leasing has consistently offered the best financial solutions. It is now moving to strengthen its solar energy service offering by signing a partnership agreement with Başarı Enerji, one of the leading companies in the sector.
This Friday, BBVA chairman Carlos Torres Vila participated in the Institute of International Finance’s (IIF) annual meeting, in which he underscored banks’ role in channeling investments from the Next Generation EU recovery plan. “Banks can play a key role in channeling and multiplying European public funds,” he noted. “What is really important to ensure the most effective use of European funds is to increase the multiplier effect through the private sector, including the banks.” He also indicated that emerging markets could be the most interesting for sustainable investments. "What we need are mechanisms in carbon markets to channel the funds to these countries so that the impact over time is mitigated while promoting the development of poor societies,” he said.