They’re everywhere. Whether it be gold arches, burger royalty, donuts that dunk or fried chicken from Kentucky, fast food restaurant franchises are everywhere in the United States.
Finance
Finance
Another page has turned in the calendar and the sun has since long set over the first half of the year. The more the year progresses, the more new data comes from 2018. That includes data on personal loans and consumer habits.
BBVA customers now use digital channels to make 51 percent of their investment fund transactions. Both the bank’s web site and its mobile application have various tools that help customers make decisions about their savings and investments.
BBVA has reached an agreement with Banco GNB Paraguay, a unit of Grupo Financiero Gilinski, to sell 100% of its capital in BBVA Paraguay, for about 270 million dollars (about 240 million euros). Said price is subject to the regular adjustments for these kind of transactions between the signing and closing dates of the transaction.
Ana Fernández Manrique has been named Global Head of Regulation & Internal Control, replacing Eduardo Arbizu, who is leaving the company after a successful career at BBVA of nearly 20 years.
Garanti BBVA has released its financial statements through June 30, 2019. Based on its consolidated financials, the bank posted a net income of 3.7 billion Turkish Lira (TL) in the first half of the year.
Grupo Piñero, a Spanish group dedicated to the vacation industry, closed a bilateral sustainable financing deal with BBVA. The bank acted as the sustainability coordinator. The agreement involves a €20 million revolving credit facility (RCF), which is aligned to the tourism company’s firm commitment to holistic and long-term strategic sustainability.
Following the request from Spanish Public Prosecutor’s Office’s on July 24th, the Central Investigating Court number 6 of the National High Court today declared BBVA as an investigated party of piece number 9 of the ‘Tándem’ case -which is under secrecy order- for bribery, unveiling and revelation of secrets and business corruption. The condition as an investigated legal entity does not imply -in this preliminary phase of the process- a formal accusation for any crime.
The European Central Bank’s statement and press conference, following the monetary policy meeting held on Thursday, July 25, was one of those examples of pre-announcement of upcoming measures. “It seems quite clear now that a depo cut will be decided soon (we expect it for September now),” says BBVA Research in its latest ECB Watch report.