BBVA and the owners of El Celler de Can Roca have renewed their partnership for three more years. On the 10th anniversary of the sponsorship, they are celebrating this alliance that has emerged from their shared values, and plan to continue developing new projects.

The CEO of BBVA Group has again claimed the top spot in the bi-annual ‘Global 50 Turkish Leaders’ list by Türkiye’s leading financial magazine Capital. The publication has taken the pulse of the business world and shared valuable insights since 1993.

The British magazine, which belongs to the Financial Times, has crowned BBVA as the best financial institution in Peru for its progress toward digitalization and sustainability. It also recognized BBVA as Bank of the Year in Latin America thanks to its ability to outperform its competitors, not only in Peru but throughout the wider region.

Garanti BBVA reported its financial results for the first quarter of 2022, posting a net income of TL 8.26 billion, and TL 953.35 billion in assets. Garanti BBVA CEO Recep Baştuğ called attention to the bank’s performance in lending, with the loan portfolio soaring 17 percent to TL 309 billion. “It was a quarter in which we gained market share from the sector in both TL and foreign currency loans, and we are the leader in consumer loans among private banks,” he said. The bank provided a total of TL 712.12 billion in cash and non-cash loans.

BBVA Chair Carlos Torres Vila was re-elected as a Board member with 98 percent of the votes at the Annual General Meeting, held on Friday in Bilbao. The Group’s CEO Onur Genç was also re-elected with 99 percent of the votes. The AGM was held under a mixed format (remote and onsite), with a quorum of 65 percent.

For the fifth time in the past six years, Garanti BBVA was named Turkey's Best Investment Bank by Global Finance, one of the world's leading financial magazines. The award confirms the bank’s expertise and reliability in international energy projects and major investments.

The Latin American Federation of Banks (Felaban) organized its 2nd regulatory meeting in Madrid. The employers' association, which gathers the main banking associations in the region, participated in a working meeting with BBVA executives where they analyzed the outlook for Latin America post-pandemic.

Türkiye Garanti Bankası A.Ş., announced its financial statements dated 30 June 2021. Based on the consolidated financials, the Bank’s net income in the first 6 months of the year was recorded as TL 5 billion 437 million 136 thousand. Asset size realized at TL 607 billion 787 million 125 thousand and the Bank’s contribution to the economy through cash and non-cash loans was TL 473 billion 179 million 816 thousand.

BBVA voluntarily adhered to the Code of Good Practices approved by the Government on May 11 for customers benefiting from government-backed financing as of March 17, 2020. BBVA is firmly committed to companies and the self-employed, as it has shown during the crisis. By adhering to the Code, BBVA reinforces its commitment to this segment, one of the country's key economic drivers.

Türkiye Garanti Bankası A.Ş., announced its financial statements dated 31 March 2021. Based on consolidated financials, the Bank’s net income in the first three months of the year were recorded as TL 2.54 billion. Asset size realized at almost TL 569 billion and the Bank’s contribution to the economy through cash and non-cash loans was arround TL 446 billion. Actively managing the funding base, deposits continued to be the main funding source; 65% of assets were funded via deposits.

Carlos Torres Vila, Group Chairman

• Sustainability: Banks have a key role in “analyzing investment opportunities and managing the risks associated” to climate change
• Sale of the U.S. subsidiary: “We have an extraordinary position of strength, which gives us tremendous strategic optionality to continue creating value for shareholders”
• Dividend: “We propose to the AGM the approval of the agreements required to implement a share buyback plan of up to 10 percent of the Group’s shares once the sale of our U.S. subsidiary is closed”

Onur Genç, Chief executive officer

• Digitization: “Our focus on creating end-to-end digital solutions and processes has been key to reaching new clients, which is one of our strategic priorities”
• Capital: Following the sale of the U.S. subsidiary, BBVA will be “one of Europe’s best capitalized banks, with the largest margin between our capital position and the minimum requirement”
• Team: “We continue fostering inclusion and diversity, because we are convinced that it makes us better, as a company and as a society”

The Bank Insurance & Securities Association (BISA) has reaffirmed its 2021 Board of Directors, and Veronica Rink will serve her second year of her three-year term, the association announced. In addition, Rink will continue to serve on the organization's Membership Committee as well as other initiatives and task forces.