BBVA Private Banking in Spain has been named the country’s best in digital solutions at the Euromoney Global Private Banking Awards 2025. The accolade highlights its commitment to technological innovation and the digital transformation of wealth management, offering solutions tailored to the needs of high-net-worth clients.

BBVA Chair Carlos Torres Vila noted that 2024 was a great year for the bank, which has solidified its position as a benchmark in the European financial sector in terms of growth and profitability. He also said that the bank expects to maintain similar levels of profitability in 2025. “BBVA is in a great position to continue to grow and stand out as one of Europe’s best banks,” he stated. This performance stems from the success of the bank’s strategy, focused on innovation, digitization, and sustainability, as well as the profound transformation that has taken place in recent years. As a result, BBVA has very successfully concluded its strategic cycle 2019-2024, Torres Vila underscored in an interview published on BBVA’s corporate website. Regarding the transaction with Banco Sabadell, he is convinced that its shareholders “will appreciate the extraordinary combination of the two banks.”

BBVA has completed the sale of a portfolio of unsecured non-performing loans valued at approximately €270 million. This transaction is expected to positively impact the bank's non-performing loan (NPL) ratio in Spain, which was 4.11 percent at the close of the first quarter of 2024.

Bonus, Garanti BBVA’s most popular credit card, is now celebrating its 24th anniversary. Bonus also happens to be a credit card platform, having amassed some 18 million users and eight partner banks.

On Wednesday of this week, BBVA placed €1.25 billion in a 12-year Tier 2 subordinated debt issue, with a call option at seven years. The market response has been excellent, with demand reaching nearly €6 billion, five times the amount ultimately allotted. The price was set at mid swap + 240 basis points, significantly below the starting price (mid swap + 275 basis points).

BBVA Chair Carlos Torres Vila stressed that 2023 was good for the bank in strategic, and financial terms, and especially in terms of its contribution to society. All of this was reflected in the bank’s stock performance, and its attractive distributions to shareholders. He is once again expecting growth in banking activity in 2024 thanks to the Group’s leading franchises and its strategy focused on digitization, innovation and sustainability. Therefore, “2024 will be another great year for BBVA, with greater contribution to social and economic progress,” he said in an interview.

BBVA, together with Bank of America Securities and Citigroup Capital Markets, led Ecopetrol’s new issuance of corporate debt in the U.S. market in the amount of $1.85 billion. This placement consolidates BBVA’s role as one of the top financial institutions in the structuring, placement and sale of corporate bonds.

Garanti BBVA is streamlining the loan approval process for retail customers seeking vehicle finance. Utilizing the Instant Loan from Dealer (BAK) feature, customers can swiftly complete transactions with digital document approval through Garanti BBVA Mobile app, ensuring an efficient and seamless experience.

BBVA Mexico manages a portfolio in excess of 50 billion pesos and now finances one out of every four automobiles in Mexico, making it the leader within the sector with a 25% market share.

BBVA has completed the sale of a portfolio of secured non-performing loans (NPLs). The portfolio has a gross value of approximately €330 million. This is BBVA's second such sale in 2023.

The British magazine, part of the Financial Times group, also recognized BBVA as the Best Bank in Mexico, one of its biggest markets, as well as the franchise in Peru. For The Banker, BBVA is a “leading bank in Latin America, standing out from its peers in various markets in the region.”

BBVA’s Turkish franchise is strategically reinforcing its commitment to enhance customer accessibility by extending remote banking services to corporate clients.