Credit rating agency Fitch has upgraded BBVA's senior preferred debt long-term rating by one notch to A from A-. Fitch has also affirmed the Group’s long-term Issuer Default Rating at A- with a negative outlook, thanks to the strength of the bank in Spain and the resilience of its Mexican franchise.
Finance
Finance
BBVA is Spain’s most transparent financial institution, according to 'Contribution and Transparency 2018', a report published by Fundación Compromiso y Transparencia (Commitment and Transparency Foundation). In the benchmark report, which lists all IBEX 35 companies according to their fiscal transparency practices, BBVA takes the fourth spot.
At the 2018 EMEA Finance Awards, Garanti BBVA collected a total of 17 awards in 13 different categories for eight projects. EMEA Finance is one of the leading financial publications for Europe, the Middle East and Africa and held its awards ceremony in London on June 12th and 13th.
BBVA has closed the transfer of most of the credits rights that comprise the Anfora portfolio. The transaction was announced in December 2018.
Continuous innovation and the gradual decline of the use of cash are giving way to a new digital monetary system. According to José Manuel González-Páramo, executive director and head of global economics and public affairs at BBVA, central banks must define the new role they will play coming out of this transformation.
The Legal 500, a leading international legal publication, has named the industrial and intellectual property team of BBVA's corporate legal services as one of the 100 most relevant legal advisories in Spain and Portugal. The study lists BBVA under the finance category, along with companies from other sectors such as the utility, hospitality, healthcare and IT industries.
José Manuel González-Páramo, Executive Board Member and the Head of Global Economics, Regulation and Public Affairs at BBVA, attended a reception for the Carolina Foundation’s 2018-2019 scholarship recipients. There he explained the changes that could affect jobs in this age of constant digital transformation and stressed BBVA’s commitment to Latin America.
BBVA executive chairman Carlos Torres Vila met today with Mexican President Andrés Manuel López Obrador at the National Palace in Mexico City. Torres Vila conveyed BBVA Group’s commitment with Mexico to the Mexican president and announced an investment of 63 billion pesos (about €2.9 billion at today's exchange rate) for the 2019-2024 period. During that time, BBVA will continue to contribute to Mexico’s economic growth by providing loans to families and businesses.
BBVA’s Group executive chairman announced today that the bank’s goal is for all products to offer a sustainable option - both for large corporations and institutions, and SMEs and individual customers. The bank plans to reach this goal throughout 2020 for its main products sold in Spain.