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Cenyt Case

BBVA’s priority, set by the Board of Directors, is to fully cooperate with the judicial authorities in clarifying the facts. The Spanish High Court's investigation remains underway. Justice has its own deadlines and it’s important to let the courts do their work, and not make parallel judgments. In this phase of the proceedings, being declared as an investigated party does not imply that a formal accusation for any crime has been made. On the other hand, BBVA pleads that the entity bears no responsibility for the facts under investigation. In the future, BBVA will continue to act with full determination and diligence under the direct leadership of the Board of Directors, whose members have no connection whatsoever with the case. Until now, this case has not had a relevant impact on the bank’s business, on its reputation, on its investors or on the stock performance.
OCTOBER 31, 2023

“We welcome the decision by the courts to rule that the judicial investigation can not go beyond January 2024”

BBVA CEO Onur Genç said on Tuesday during the press conference on 3Q23 earnings, “We welcome the decision by the Spanish High Court to rule that the judicial investigation cannot go beyond January 24, 2024.”

MARCH 23, 2021

The information provided by the Police had already been made available by BBVA to the Judge and the Public Prosecutor’s Office

The report from the Spanish National Police’s Unit of Internal Affairs (UAI, in Spanish) does not provide information that had not already been made available by BBVA to the Judge and the Public Prosecutor’s Office. This, therefore, confirms the rigour and objectivity of BBVA’s investigation, as well as its full cooperation with the judicial authorities.

OCTOBER 21, 2020

BBVA welcomes the new judicial resolution

Spanish High Court’s judge Manuel García-Castellón underlines that BBVA has contributed all relevant results for the preliminary investigation, accepts the bank’s offer to make documents available, and dismisses all requests from other parties.

JULY 30, 2020

During the press conference to present 2Q20 earnings, Onur Genç said that "there are no major updates vs. what we said at the March AGM” and said that “we have repeatedly offered and made available to the judge all the documents and all the data gathered in case any further investigation is to be carried out.”