BBVA’s Board of Directors resolved today to approve the payment of an interim dividend for 2019, for a gross amount of €0.10 per share, to be paid on October 15.
Finance
Finance
Transaction banking is a unit within Corporate & Investment Banking that covers the needs of companies and institutions in terms of managing their liquidity and the related risks. It also encompassess the financing of international trade, custody services and working capital needs. Transaction banking is a fundamental business for banks due to the recurring incomes and the potential to retain clients and boost loyalty.
In recent months the world has witnessed an escalation of the U.S. - China trade war, with announcements of more restrictive and retaliatory measures. According to José Manuel González-Páramo, Executive Director and Global Head of Economics and Institutional Relations at BBVA, given this climate of global uncertainty, it is essential to build new bridges and establish areas for cooperation.
Mounting trade tensions and the fear of a potential global slowdown have recently caused central banks to rethink their strategies. Some have even kicked-off a new round of interest rate cuts. What's the goal?
Financial and commercial services
BBVA issues €1 billion senior non-preferred debt, at the lowest price in Spain
BBVA today tapped the markets with its third senior non-preferred bond of 2019. The €1 billion 5-year issue was priced at mid swap plus 80 basis points, with a coupon of 0.375 percent, the lowest for a senior non preferred debt issue in Spain as well as the lowest for BBVA senior debt (preferred and non preferred). Demand peaked at €1.8 billion with more than 130 orders.
BBVA Chairman Carlos Torres Vila participated this weekend at the annual meeting of the International Advisory Panel (IAP) of the Monetary Authority of Singapore. He was was also invited to The Singapore Summit, an event that focuses on Asia’s role as a global driver of growth.
Summer days are dropping like the gold, brown and red leaves of fall. School has started for students across the nation, and vacation days are becoming few and far between. But why not plan ahead and think about investing in a property that could bring both memories and lucrative situations?
Garanti BBVA recently signed the world’s first gender loan with Turkish company Polat Energy. The $44 million loan will finance the construction of Turkey’s largest wind farm. The company’s performance will be annually assessed based on a series of gender criteria, and improvements in their performance will also enhance the terms of the loan.
Even though sustainable finance has been a fundamental issue in the social agenda for many years now, thanks to the 2015 Paris agreement on climate change, the world became aware of the environmental risks and economic impact resulting from the effects of climate change. However, it is not just society that is increasingly more aware. The financial industry is also contemplating climate change and the Sustainable Development Goals (SDGs) as relevant factors to determine their investment strategy.
BBVA has been selected best digital bank in Spain for corporate and institutional clients according to the trade publication, ‘Global Finance.’ Each year, the monthly magazine recognizes the best financial institutions around the world. Founded in 1987 and with a circulation reaching more than 160 countries, ‘Global Finance’ is an established and trusted standard of excellence. The magazine also recognized BBVA this year as the world’s best corporate bank and the most innovative digital consumer bank in Latin America.