Current situation – Cenyt case
Our priority is to cooperate with the judicial authorities in clarifying the facts.
BBVA has proactively shared with the Court all the relevant documents obtained from the investigation, carried out by Garrigues, Uría Menéndez and PwC.
The main investigation, the one that prevails over any other initiative, is the one being carried out by the Spanish High Court. This investigation will be the one that decides whether or not there is any wrongdoing.
The bank testified at the Spanish National High Court and pleaded that BBVA bears no responsibility for the facts under investigation.
In this preliminary phase of the proceedings, being declared as an investigated party does not imply that a formal accusation for any crime has been made.
As of today, BBVA has not identified any relevant or direct impact on its business, its investors or stock performance due to this situation. Additionally, the bank’s reputation remained stable in 2019 compared to the previous year.