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Social affairs

07 Apr 2022

BBVA's research unit revised its Spanish GDP growth forecasts downward to 4.1% in 2022 and 3.3% in 2023 (from 5.5% and 4.9% previously). The downgrade takes account of the impact of the invasion of Ukraine, the sanctions imposed on the Russian economy, and steeply rising prices—especially for fuel and electricity—over the past few months, as indicated in the latest 'Spain Economic Outlook' report presented by Jorge Sicilia, Director of BBVA Research and BBVA Chief Economist, Rafael Doménech, Head of Economic Analysis, and Miguel Cardoso, Chief Economist for Spain.

06 Apr 2022

28 Feb 2022

BBVA allocated €106.3 million to social programs and initiatives that benefited 44.2 million people in 2021. This figure accounts for 20% of total planned expenditure, as announced in the Bank's Community Commitment for the period 2021-2025 (€500 million). In the first year of the period, 45% of the goal of reaching 100 million people has almost been achieved.

16 Dec 2021

30 Nov 2021

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One day, during a talk, she conducted a simple experiment: she asked a group of scholars to close their eyes and point south-eastwards. There were fingers pointed in every posible direction. However, Lera Boroditsky knew that if she asked the same question to a girl from an Aboriginal community in Australia she would point her finger in the right direction.

11 Oct 2021

13 Jul 2021

27 May 2021

“Financial health impacts more than just our wallets, it is also related to our physical health and social well-being.” This was one of the key takeaways that emerged during the closing day of the EduFin Summit 2021. In this last session, representatives of the financial industry acknowledged that it is necessary to “understand and address customers’ needs, and to even go beyond” and that, for this purpose, “digitization is a lever that will help people strengthen their finances.”

21 May 2021

The private and public sectors must work together to improve nationwide financial education and inclusion strategies and plans. This was one of the key takeaways that emerged during the fourth session of EduFin Summit, the financial education summit organized by the BBVA Center for Financial Education and Capability. The session concluded with an interactive workshop, where attendees shared their experiences regarding obstacles, success stories and disruptive elements that affect the expansion of financial education.

New technologies are changing the way financial services are delivered. That is why financial inclusion must come hand in hand with digital inclusion and “in this journey, solid financial education is essential.” These were some of the conclusions of the experts who participated in the third session of EduFin Summit 2021, the global financial education summit organized by the BBVA Center for Financial Education and Capability. Participants shared their insights into the challenges of financial vulnerability and solutions to reduce it.

14 May 2021

Access to financial services and the digital divide were two of the main issues addressed during the second session of the 2021 EduFin Summit. The experts who participated in this session agreed that the pandemic has accelerated financial digitization in everyday life, and stressed the need to improve the level of financial education in order to access digital products and services that support inclusion and financial health.

11 May 2021

26 Mar 2021

One year after the outbreak of the health crisis in Spain, we spoke to some of the leaders in the fight against the virus to find out how aid was mobilized. In the case of science, researchers consider this aid “essential for the research of this pandemic.” Three and a half million people have benefited from the global plan that BBVA launched in March 2020, ‘Social Response to COVID-19’. The money has been used to purchase medical equipment, support vulnerable groups and for research on the disease.

08 Sep 2020

23 Jun 2020

26 May 2020

23 Apr 2020

16 Apr 2020

23 Mar 2020

20 Mar 2020

16 Jan 2020

Larry Fink, CEO of BlackRock, warns that his asset management company (the world's largest) will take action against investee companies that do not consider sustainability. "We will be increasingly disposed to vote against management and board directors when companies are not making sufficient progress," he warns in his annual letter to the CEOs of the world's leading companies.

14 Nov 2019

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We live in a “tyranny of positivity” say U.S. psychologist Susan David: “Society demands that the ill remain optimistic, that women don’t show outrage, and that men don’t cry,” she says. According to her research, most people judge themselves for feeling “negative” emotions like anger, disappointment or sadness. But “repressing or denying these emotions makes them stronger and lead us to deadlock,” she maintains.

05 Nov 2019

31 Oct 2019

Human beings have always dreamed of magnificent cities. The imagined and mythical, like the so-called Lyonesse not far from the coast of Cornwall, or the Seven Cities of Cíbola located somewhere in the southwest of North America, or El Dorado, hidden in the pre-Colombian jungle. Surely behind these dreams looms the aspiration to find a model of harmonious coexistence. These would be cities attuned with the natural environment that surrounds them. With hanging gardens like those in ancient Babylonia or cloistered in a precious valley like Machu Pichhu, although these two examples actually did exist.

15 Oct 2019

BBVA completed its agenda of activities to commemorate “Financial Education Week”, held from October 7 to 11, taking part in the event `Financial Health in Spain : How to Improve It’, organized by Nantik Lum Foundation and JP Morgan. Speaking at the event, Lidia del Pozo, Director of Community Investment Programs BBVA, explained how BBVA's strategy has evolved in the field of financial education, noting its profound relationship with financial health and emphasizing “the more than 13 million people have received financial education through BBVA since 2008.” and that “today, BBVA develops these programs across all population segments, primarily through digital channels.”

12 Sep 2019

19 Jul 2019

Behind an event like the 2019 EduFin Summit, the global summit on financial education organized by BBVA’s Center for Financial Education and Capability, is a great team making sure that everything runs like clockwork. Their work is essential to ensure that the audience, from 23 different countries, enjoys this important event. An event where anecdotes and a sense of humor have their place. This is the backstory of the 2019 EduFin Summit.

15 Jul 2019

The United Nations warns about one of the most significant global issues facing humanity, as reflected in Sustainable Development Goal (SDG) 13: climate change and its impacts. “Without action, the world’s average surface temperature is likely to surpass 3ºC this century. The poorest and most vulnerable people are being affected the most.” BBVA’s approach to business is accompanied by a firm commitment to mitigating the effects caused by climate change and integrating them into its risk management model.

13 May 2019

06 May 2019

Infectious diseases, high maternal and neonatal mortality rates, illness and ineffective reproductive and sexual health are some of the problems plaguing many places in the world. The United Nations Sustainable Development Goal number three “Ensure healthy lives and promote well-being for all people at all ages”, seeks to address these and other health-related challenges. BBVA also strives to promote initiatives in its field to achieve SDG 3, especially through the work of the BBVA Foundation.