Corporate reputation

Garanti BBVA and its subsidiaries have been recognized by Kincentric as the ‘Best Employer 2020’ in Turkey. The bank received three out of four awards, making the bank and its subsidiaries the best place to work.

BBVA has once again been included in Fortune magazine’s 2021 ranking of the “world’s most admired” companies. It is the only Spanish bank in the megabank category.

The Business Monitor of Corporate Reputation (MERCO) recognized BBVA Mexico for fourth year running as the country's most reputable bank. The lender also took sixth place in the overall ranking of companies. In addition, BBVA Mexico vice president and CEO Eduardo Osuna Osuna took sixth in the list of ‘Mexico’s 100 Most Reputable Executives’ published by the same consultancy.

BBVA’s Turkish unit has been singled out as the country’s ‘Most Admired Bank’ by business journal Capital. The study is sponsored by T-Systems and conducted by ZENNA Research according to objective research principles.

BBVA took part in the first seminar organized by the Institute of Compliance Officers (IOC).  Executives of Spanish multinationals addressed the main challenges facing the profession in applying current regulations within a company. They underscored the fundamental role of the compliance officer in companies committed to transparency and good corporate governance.

As a partner in the Spanish Network of the United Nations’ Global Compact, BBVA works to promote sustainability and the achievement of the UN Sustainable Development Goals (SDG). United Nations Day provides a time to recall the role companies play in peoples’ lives and the need for them to make a firm commitment to creating a better future.

BBVA has joined a group of 14 banks that have made a commitment to the United Nations Environment Programme – Finance Initiative (UNEP-FI) to implement the recommendations on financing and climate change published by the Financial Stability Board in July in the framework of the G20.

It’s known as the Gateway City. A place that has been sung about by country music legends like Johnny Cash and Willie Nelson, a city that lived under seven flags at one point or another, and the home to an institution that is more than a century old.

Halfway into its five-year, $11 billion commitment to serving low- to moderate-income communities, BBVA Compass has made tens of thousands of pinpoint investments and loans that have changed lives and created opportunities.

BBVA Group garners excellent results in a number of categories of the prestigious Extel Survey’s 2017 edition.  Jaime Sáenz de Tejada named Spain’s best chief financial officer.

BBVA Compass landed on DiversityInc’s Top 50 Companies for Diversity list for the first time this year, a reflection of the bank’s commitment to building a workforce and supplier pipeline that fully reflect the clients and businesses it serves.

The European Commission’s Fintech Task Force held its first conference in Brussels. BBVA was the only incumbent bank invited to the meeting where the Group’s contribution to promoting digital financial services was recognized.

BBVA Compass and Opportunity Finance Network on Tuesday welcome their inaugural class of 25 Opportunity Fellows to Birmingham for a three-day training session where they'll explore how to lead the change necessary to give underserved communities equal access to capital.

BBVA Compass took part in many events in the run up to Sunday’s big game, but it was the kid-friendly one that shined brightest. On Feb. 2, BBVA Compass hosted the 13 Make-A-Wish children headed to the game and their families for a private dinner at BBVA Compass Stadium. In addition to the dinner, the children and their families toured the Houston Dynamo and Dash’s home and spent time with Houston Texans Linebacker Brian Cushing and Houston Dash Forward Kealia Ohai. Hosting the event underscored the bank’s efforts to give back and create special opportunities as part of the big game festivities.

Used BBVA Compass desktops, laptops and laser printers found new purpose with a recent donation to the Housing Authority Birmingham District.

The Dutch NGO PAX recently published a new edition of the report, “Don't Bank on the Bomb”, which documents and denounces the governments and banks around the world that are financing of companies producing nuclear weapons. The organization also annually publishes the report “Worldwide Investments in Cluster Munitions: A Shared Responsibility”, which focuses on financing of cluster bombs.

After the financial crisis of 2008, the role that banks need to play in society seems to have been finally clarified. The purpose - or the rationale - of a bank is currently defined in terms of service to citizens, the community or the specific groups with which it interacts (stakeholders).  In this new business model, principles are integrated into the bank's strategy and grant consistency and unity to three fundamental concepts:  the purpose, the strategy and the corporate culture.  Today in the banking industry, the talk is not about what we want to be but how to become what we want to be. In other words: how to build a responsible culture.

BBVA Compass and Opportunity Finance Network are joining forces to cultivate the next generation of leaders for Community Development Financial Institutions, organizations that are critical engines of opportunity in low-income communities.

BBVA Compass employees recently closed out 100 Days of Brightness, the bank’s initiative to create smiles through random acts of kindness.

As a result of the integral transformation process kicked off in 2016, BBVA Bancomer established a scheme to implement a strategy based on the new concept of “Responsible Business” as the focal point of its social responsibility actions. The strategy is built on three cornerstones in first place, social actions aimed at fostering education and which are carried out through the BBVA Bancomer Foundation; the second, financial education; and third the promotion of entrepreneurship, primarily with a societal focus.

Private industry leaders gathered at BBVA Compass Plaza in Houston for a workshop Tuesday on how businesses can push progress on the most pressing issues of our time. The workshop, hosted by BBVA Compass, the United Nations' Sustainable Development Goals Fund and the BBVA Microfinance Foundation, had two goals: to help spread the word and build understanding of the United Nations' 17 Sustainable Development Goals, which revolve around issues like education, health, poverty alleviation, clean water and the climate; and to gather input from executives at some of the companies that are already focused on tackling some of those same issues.

In his address during the Institute of International Finance’s Spring Meeting in Madrid, BBVA Executive Chairman Francisco González stressed that opening the technological platforms to collaboration with startups and a progressive cloud migration will be critical to the future of the banking sector.

BBVA CEO Carlos Torres Vila said today that the sustainability of the banking business model in the current context of negative interest rates requires a change: To leave behind a money-centric infrastructure, based on revenues generated by interests, and develop a banking model that seeks to make a bigger difference in customers' lives. Speaking during BBVA’s Q1 2016 results presentation, Carlos Torres Vila expressed his conviction that “the more we are capable of offering a distinctive value, the more satisfied customers will be and the more viable and sustainable our business model will be.”

To refer to “Colombians” is to paint a very specific human profile that arises from the depths of a land peppered with regions in a geographic delight. The two oceans that surround Colombia and three large mountain ranges that run across it explain in part the contrasts, accents and diversity of the Colombian people. A territory full of people from coastal, valley, plains, Huila and Santander regions.  Each with their own, very diverse cultures that melt away in the overwhelming joy, strength, creativity and desire to excel that is the common denominator of all Colombians.

Responsible banking models are drawing more and more interest from specialized analysts and institutional investors.

The key for a financial institution to survive in such a rapidly changing environment is to abide by ethics, according to BBVA Executive Director José Manuel Gónzalez-Páramo. In a conference on Companies and Public Goods held by the University of Navarra’s Entrerprise and Humanism Institute, José Manuel González-Páramo emphasized that “ethics is the keystone of the banking sector”.

BBVA earned €2.82 billion in the first nine months of 2015, up 45.9% in y-o-y terms, without considering the one-off impacts from corporate deals closed so far this year (partial sale of CNCB and sale of CIFH and acquisitions of Catalunya Banc and of a 14.89% stake in Garanti). After factoring in these impacts, net profit totaled €1.7 billion, down 11.8% from a year earlier.

BBVA has published the sixth title in its OpenMind collection, which takes on the challenge of exploring and helping people understand the powerful forces that influence our world today.