Inclusive Growth
11 Apr 2023
BBVA earmarked €131 million for social programs and investment in the community in 2022, almost 19% more than the previous year's €106.3 million. The contribution reached 77.8 million people overall, 43% more than in the previous year.
22 Mar 2023
Commitment
Four NGOs receive charitable donation from BBVA shareholders for their projects for a greener and more inclusive world
BBVA is firmly committed to working towards building a greener and more inclusive society. To this end, for the third consecutive year and on the occasion of the Annual General Meeting (AGM), the bank will make a donation of 300,000 euros to social organizations working in four areas related to the environment and inclusive growth. Fundación Grandes Amigos en Acción, CESAL, Fundación Plan Internacional and Fundación Ecomar were the winning organisations in 2022.
20 Oct 2022
Current news
Of the 20 million people who fell into poverty in Latin America, only 7 million have managed to escape their predicament
The latest figures from the BBVA Microfinance Foundation (BBVAMF)’s Research team estimate that extreme poverty in Latin America has increased in the last few years because of the pandemic and recently, as a result of the war in Ukraine and the state of the global economy, among other reasons. To such an extent that currently, of every 100 poor people, 42 are in extreme poverty, that is, they cannot cover their basic needs, including food.
17 Oct 2022
The Group’s Turkish franchise adds a different dimension to its work on sustainability and inclusive growth, two areas at the center of its strategy.
20 Jun 2022
Immigrants
Refugees, displaced persons and migrants: what do the 100 million people fleeing their homes have in common?
For the first time in history, the number of displaced people around the world exceeds 100 million, according to the latest UNHCR data. In Ukraine alone, eight million people have fled since February. To put it into perspective, if a country were formed with all of them, it would rank as the fourteenth most populous on the planet as they are equivalent to more than 1% of the world's population. This figure includes refugees and asylum seekers, as well as the 53.2 million people displaced by conflicts within their own countries. Many of them flee with little and have to start from scratch, sometimes from an even more vulnerable situation. Their settlement and success in the country of settlement depends very much on their legal status because displaced, migrant and refugee are not synonymous.
15 Jun 2022
In the past 15 years, around 1.5 billion adults have been included in the financial system, where microfinance has played a key role. Giovanni di Plácido, director of Analysis and Research for BBVA Microfinance Foundation (BBVAMF), recounts the creation of loans and monetary transactions to the advent of microfinance as a formula for inclusion, and the Foundation's leading role in the transformation of this sector in its 15 years of activity.
23 May 2022
Commitment
Carlos Torres Vila announces in Davos that the BBVA Microfinance Foundation joins alliance to bridge the digital gap
BBVA Chair Carlos Torres Vila announced today at the Annual Meeting of the World Economic Forum in Davos that BBVA and the Edison Alliance are joining forces with the BBVA Microfinance Foundation's commitment to contribute to the digital inclusion of vulnerable populations in Latin America.
17 Mar 2022
Commitment
BBVA makes a donation to projects for a greener and more inclusive world on the occasion of its General Shareholders' Meeting
BBVA is firmly committed to working towards building a greener and more inclusive society. To this end, for the second consecutive year and on the occasion of the Annual General Meeting, the bank will make a donation of 300,000 euros to social organizations working in four areas related to the environment and inclusive growth. ATADES, Aldeas Infantiles SOS, Asociación Amica and ECODES were the winning organizations in 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.
02 Dec 2021
BBVA is one of 28 banks around the world that has joined the global commitment to promote financial inclusion and the financial health of its customers. Under the umbrella of the United Nations Principles for Responsible Banking, the aim of this benchmark index is for a group of banks to join forces to accelerate a collective effort for these issues.
17 Nov 2021
In its annual report, Intrama includes the success stories of more than 30 Spanish companies with the best practices in Diversity and Inclusion, of which BBVA is one. The global human resources consulting firm highlights the financial institution's strategic alignment of diversity policies, the communication of its projects and the training provided to its staff in this area.
12 Nov 2021
Climate Action
BBVA and the IDB share their vision on sustainability and support for decarbonization in Latin America
BBVA Chairman Carlos Torres Vila, met this Thursday at the bank's headquarters in Madrid with the President of the Inter-American Development Bank (IDB), Mauricio Claver-Carone. This meeting is part of a series of working meetings that representatives of BBVA and the BBVA Microfinance Foundation will hold with members of the IDB. Sustainability was one of the issues on the agenda, in particular, support for the decarbonization of emerging countries, and especially in Latin America, as well as financial inclusion and the promotion of foreign investment in the region.
08 Nov 2021
“At BBVA, there are more than 100,000 people working in over 25 countries, with a wide range of different cultures, experiences, beliefs, languages, etc. This diversity is a fundamental part of the recipe to our success, and it will make us stronger to face the challenges and opportunities that lie before us,” said BBVA Chairman Carlos Torres Vila at the main event of the bank’s Diversity Days, a series of internal events being held for the second year in a row to share important advances in terms of diversity and inclusion, and to create a space for learning for all of the Group’s employees.
24 Sep 2021
‘Vamping’ is a term that comes from the English words ‘vampire’ (vampire, animal active at night) and ‘texting’ (sending messages) and refers to the practice, carried out mostly by teenagers, which consists in making excessive use of electronic devices such as cell phones, laptops, tablets, consoles... just before going to sleep. As a result, their rest is affected due to the reduction of the necessary hours of sleep and the effects on our body produced by the light from the screens. This phenomenon is causing many young people to suffer from early insomnia.
21 Sep 2021
When Blanca Huergo knocked on BBVA’s door less than two years ago, she could never have imagined that she would wind up visiting its Madrid headquarters to meet with its top executives. This young Mathematics and Computer Science student at the University of Oxford has become a role model for many girls in the STEM (science, technology, engineering and mathematics) career areas where they are scarce.
16 Aug 2021
Gender equality
Female entrepreneurship: breaking down barriers around work-life balance, digitisation and financing
A lack of role models, stereotypes and difficulties accessing funding make it hard for women to launch businesses. Committing to work-life balance, redefining the face of entrepreneurs and new business and digital models are some key aspects that could help make entrepreneurial opportunities more egalitarian.
13 Jul 2021
Inclusive Growth
FONPLATA and BBVA formalize a social loan aimed at the economic reactivation of Latin America
BBVA granted FONPLATA a structured loan for $100 million that will allow this development bank to finance support programs aimed at tackling the economic and social impacts of the COVID-19 pandemic in Latin America. This structured loan is part of FONPLATA's strategy to diversify its sources of financing.
30 Jun 2021
Every June 28, the world celebrates sexual and gender diversity, a reality that is reflected in each of the letters and symbols of the acronym that defines this community.
29 Jun 2021
Video
BBVA demonstrates its ongoing commitment to diversity within the institution and the importance of widespread integration, specifically with LGTBIQ + diversity. Here, the bank's employees recount how they themselves have lived it and how their self-run Be Yourself program is cultivating a richer, more talented, and sustainable corporate culture.
28 Jun 2021
'Diversidad Trans. Punto de encuentro' is the manual presented by the financial institution that includes guidelines and protocols focused on supporting trans or gender transitioning employees or customers. Diversity and inclusion in general, and particularly LGBTIQ+, are intrinsic to BBVA's DNA and are part of its strategic and business objectives.
25 Jun 2021
The challenge of diversity is one of the key transformation pillars for any company. In the case of BBVA, ensuring a diverse workplace, in the broadest sense of the term, allows the company to better address the needs of its diverse customer base and offer a more comprehensive service.
23 Jun 2021
The COVID-19 pandemic has further accelerated the implementation of new forms of flexible working, for which digital transformation has been key. Thousands of workers have had to convert their homes into places of work, almost overnight. This fact has affected the work life balance, and it became of utmost importance in an ecosystem where work and life were sharing space, to facilitate that balance.
14 Apr 2021
Much has been written about generational differences and how to classify the population according to someone's year of birth. The truth is that there is no exact or official definition of when a generation begins or ends and, depending on which demographers or researchers you consult, there are discrepancies about the years that comprise each generation.
18 Mar 2021
Diversity
Paloma Tejada: "The key to driving diversity is having open channels of conversation and listening"
The agile work methodology, new skills that teams look for or the recent inclusion of diversity as a strategic business priority are some of the ways in which BBVA’s human team has changed over the past few years. Paloma Tejada, head of Talent and Culture, Agile and Communications, at Client Solutions, BBVA, spoke about all of them in a conversation with Matthew Gamser, CEO of the SME Finance Forum.
11 Feb 2021
Although male stereotypes dominate science and technology, the reality is that these areas are becoming increasingly diverse and more women are gradually landing technical jobs. Today, February 11, on the occasion of the International Day of Women and Girls in Science, four professionals from BBVA's Engineering and Organization unit share their views on how to tear down barriers and get young girls more interested in tech jobs.
09 Feb 2021
StackOverflow is well known in the programming world. On the one hand, it is a portal of questions and answers where developers selflessly help each other with technical issues. It has around 100 million visitors per month and is one of the 50 most popular websites in the world. But it is also famous for its annual reports that analyze the most popular programming languages, or the average salary of its users depending on their role and country based on a survey of 65,000 users. The report includes demographic data, drawing attention to the fact that only eight percent of surveyed users are women.
27 Jan 2021
BBVA was included in the Bloomberg Gender-Equality Index for the fourth consecutive year. The financial institution, which has placed diversity as a business objective, improved its rating by five percentage points compared to previous editions thanks to its policies of promoting equal opportunities in professional growth and an inclusive corporate culture, according to the international agency. Garanti BBVA, the Group´s Turkish subsidiary, is also included in the index.
18 Dec 2020
The pandemic and the subsequent health protection measures have forced the bank to adapt the actions planned for its employees this Christmas. The traditional Christmas festivities have been replaced by global digital celebrations and a donation to three NGOs that provide support to the sectors of society that have suffered the most during the crisis.
10 Dec 2020
The financial institution celebrates Diversity Days, a conference that highlights recently implemented projects in this area and that draws a roadmap with the challenges and goals for converting diversity into the Group's DNA and as a key objective for the future.
04 Dec 2020
On Thursday, BBVA Chairman Carlos Torres Vila attended the meeting of the Carolina Foundation Board of Trustees, which was presided by King Felipe VI, at the Royal Palace in El Pardo. The Carolina Foundation, of which BBVA has been a trustee since its inception, celebrates its 20th anniversary in 2020.