BBVA and Garanti BBVA welcomed representatives from various industries to their joint pavilion on the summit’s second day for discussions on energy and transportation. The sessions underlined the need to develop financing, technology and infrastructure together to accelerate investment in the transition.

Garanti BBVA has added the British pound (GBP) to its credit card statement currency options. Customers spending in sterling abroad will see those transactions on their statements at the exchange rate on the day of the purchase, allowing them to track their spending without being affected by subsequent currency movements.

Moving from ambition to action on climate change is possible. Ahead of COP31, BBVA has taken on this effort around six major challenges related to some of the themes of the Climate Summit Presidency’s Agenda for Action: financing electrification and sustainable infrastructure at scale; making clean technologies (‘cleantech’) financeable; supporting sustainability throughout the value chain; promoting the resilience, conservation and regeneration of natural capital; fostering inclusive sustainability; and contributing to a sustainable financial system.

Resilient cities are those that prepare to cope with extreme weather events such as heat waves, floods, droughts and wildfires. They use urban planning solutions and adapt their infrastructure to reduce the impacts and speed up recovery.

BBVA has been named Best Private Bank in Colombia, Mexico and Peru at the 2026 Global Private Banking Awards, organised by Professional Wealth Management (PWM) and The Banker, both publications of the Financial Times Group.

Next Monday, November 9, the United Nations Climate Change Conference (COP31) kicks off in Antalya, Türkiye. For Mahmut Akten, CEO of Garanti BBVA, the summit represents an opportunity to attract international investment and accelerate the country’s energy transition. In this interview, Akten highlights the role of the financial sector in turning opportunities into concrete projects and emphasizes that “the lasting legacy of COP31 will be the investments that materialize after the summit.”

The climate transition poses not only the challenge of reducing emissions, but also that of adapting jobs, preparing young people for new opportunities and facilitating access to entrepreneurship. These social challenges will be addressed at COP31, where BBVA, the summit’s global bank, will hold three meetings on a just transition, climate education and green entrepreneurship.

BBVA placed $2.05 billion in a three-tranche senior non-preferred bond on Wednesday: two fixed-rate tranches with maturities of 3 and 10 years, and a three-year floating-rate tranche. BBVA placed $750 million in the first fixed-rate tranche, maturing in 2029; $300 million in the second tranche, also maturing in 2029, with a floating interest rate linked to the SOFR benchmark; and $1 billion in the third tranche, with a 10-year maturity and a fixed interest rate. The fixed-rate tranches closed at interest rates averaging 27 basis points below initial price guidance. Demand was almost five times the amount offered. The bookrunners were BBVA, Crédit Agricole CIB, HSBC, JP Morgan, Mizuho and UBS.

Garanti BBVA has decided to launch a share buyback program for a maximum period of three years, reflecting its confidence in its strong financial position and long-term value creation potential. Under the program, the Bank plans to repurchase the shares up to nominal value of 85 million TL and allocate a maximum of TL 11 billion for these transactions.

The scale of major public priorities is also changing how they are financed. Infrastructure, energy transition, defense, digitalization, water and housing require the mobilization of different types of resources and the coordination of public and private capabilities. In this new environment, structuring projects capable of attracting institutional capital is becoming an increasingly important component of investment.

COP31 opens in Antalya, Türkiye, on November 9 with a major challenge: turning years of climate commitments into concrete action. Electrification, finance, adaptation and resilience will shape a summit aimed at closing the gap between ambition and action on the ground.

Garanti BBVA has successfully completed the sale of its Romanian subsidiary to Raiffeisen Bank – the Romanian unit of the Austrian bank, Raiffeisen Bank International AG (RBI) – for €571 million, after receiving the necessary regulatory approvals.

BBVA customers in Italy can now stay connected wherever they travel by purchasing mobile data plans directly through BBVA’s app, bringing banking, payments and global connectivity together in one place. The service, launched through an agreement between BBVA and Gigs, represents another step in BBVA’s plan to broaden its range of products beyond financial services. The eSIM service has launched first in Italy with the possibility of future market expansion.

The energy transition, infrastructure modernization and digitalization are creating new investment opportunities in Türkiye and strengthening its role as a regional hub. Sinem Edige, Head of CIB Türkiye at BBVA, discusses the key drivers of this transformation and how the bank is supporting companies as they navigate increasingly complex financial challenges.

BBVA reported a net attributable profit of €9.07 billion for the period from January through September 2026, up 13.6 percent year-over-year (up 11.4 percent in constant euros) driven by strong recurring revenue (net interest income and fees and commissions). Earnings per share grew at a faster pace, rising 17.5 percent following the share buybacks carried out over the past 12 months. The Group maintains a distinctive combination of growth and profitability in Europe: lending increased by 20.4 percent year-over-year in constant euros¹, and ROTE reached 22 percent. The bank also boasts an industry-leading efficiency ratio of 37.9 percent and a strong CET1 capital ratio of 12.21 percent.

Türkiye Garanti Bankası A.Ş. has announced its financial statements for the period ended September 30, 2026. On a consolidated basis, the Bank’s net income for the first nine months of the year was TL 98.2 billion.

Climate change agreements at United Nations (UN) conferences are negotiated through technical meetings, diplomatic consultations and negotiations among countries. Unlike other international bodies, decisions are not made by majority votes. Instead, they are adopted by consensus by all parties.

Garanti BBVA has raised a total of EUR 400 million in diversified payment rights (DPR) financing on international markets under its foreign borrowing program, with maturities of 1,907 and 2,547 days. The transaction, the bank’s first DPR financing since 2019, earmarks EUR 100 million to support the investment and growth needs of women and young entrepreneurs.

Nationally determined contributions (NDCs) are the commitments each country sets to reduce its greenhouse gas (GHG) emissions and adapt to climate change. The Paris Agreement establishes a transparency framework and a stocktake of progress every five years.

Garanti BBVA Kripto has reached 500,000 customers, supported by infrastructure built to banking standards, continuous improvements to the user experience, and solutions that simplify the investment process.

BBVA has surpassed one million customers in Italy as it marks five years since entering the country's retail banking market. This milestone confirms the strong reception of its 100% digital banking model, where the key goal is to become the primary bank for Italian customers, as BBVA Chair Carlos Torres Vila highlighted during his visit to celebrate the anniversary. BBVA is reaffirming its long-term commitment to the Italian market, where it also has a significant Corporate and Investment Banking (CIB) business, supporting Italian companies in their growth and international expansion plans.

In the photo: Walter Rizzi, Head of Digital Banking at BBVA Italy; Carlos Torres, Chair of BBVA; Alberto Maroni, Head of BBVA CIB Italy; and Murat Kalkan, Global Head of Digital Banks at BBVA, yesterday during the BBVA Chair’s visit to Italy.

In just over two weeks, BBVA will take part as global partner bank at the upcoming UN Climate Change Conference (COP31), which will take place from November 9 to 20 in Antalya, Türkiye. According to Javier Rodríguez Soler, BBVA’s Global Head of Sustainability and Corporate & Investment Banking (CIB), “climate finance will be at the heart of discussions at COP31.” In this interview, he explains, among other things, the role the financial sector can play in a new phase focused on implementing climate commitments, what BBVA has planned for the summit, and why sustainability continues to represent a major business opportunity in the current international landscape.

Innovation and the ability to anticipate change are central to BBVA’s identity and have shaped its evolution over the years. This year, the bank dedicated its Values Day to exploring how employees can harness the opportunities offered by artificial intelligence (AI) to reinvent how they work, guided by BBVA’s corporate values. The event brought together employees from around the world to share perspectives and explore new ways to collaborate, make decisions, and deliver greater value to clients.

DBRS Ratings has upgraded BBVA's credit rating from A (high) to AA (low), with a stable outlook. The credit rating agency positively assessed “the group's track record of profitability, which has remained at very high levels and demonstrated strong resilience across different interest rate cycles and amid uncertain macroeconomic and geopolitical conditions.”

In a recent opinion article published by El Confidencial, Francisco Javier Fernández de Trocóniz, Head of Global Trade & International Banking at BBVA CIB, examines how the reshaping of supply chains and the emergence of a new industrial geography are transforming corporate financing needs, positioning liquidity, trade finance and suppliers’ access to credit as key strategic enablers of resilience, competitiveness and the viability of international expansion strategies amid growing geopolitical and trade uncertainty.

Techstars Startup Weekend Urla, held October 9–11 at the Bilişim Vadisi İzmir Campus under Garanti BBVA’s main partnership with Techstars Istanbul, brought together 74 entrepreneurs over three days. Nineteen teams reached the final pitches, with SPARK taking first place.