Finance
Finance
The BBVA Group earned €3.48 billion in 2016, up 31.5% from the previous year and its highest figure since 2010. Solid performance of recurring revenues, moderation in operating expenses, and a drop in impairment losses on financial assets are the key drivers of this growth.
Global Finance has chosen the BBVA Group as the winner of five awards during the latest issue of its “World's Best Treasury & Cash Management Banks and Providers Awards”. Specifically, the Group was given the following awards: "Best Treasury & Cash Management Provider" in Spain, "Best Overall Bank for Cash Management" in Latin America, "Best Bank for Payments and Collections" in Latin America, "Best US regional middle market Treasury & Cash Management Provider" in Southwest Region, and "Best Treasury & Cash Management Provider" for Garanti in Turkey.
Used BBVA Compass desktops, laptops and laser printers found new purpose with a recent donation to the Housing Authority Birmingham District.
Alberto Calvo, Head of Shareholder Relations at BBVA Group since last summer, details in El Catalejo the goals of Know your Bank, BBVA’s shareholder communication program. The program comprises initiatives where the heads of the Group’s key business areas will personally explain BBVA’s strategy and challenges to the bank’s shareholders.
Today, BBVA CFO Jaime Saénz de Tejada stressed the important role the Inter-American Investment Corporation (IIC) plays as a partner and lender for Latin America’s private sector. He also underscored BBVA’s close relationship with the Inter-American Development Bank (IDB), with which the bank is collaborating on numerous fronts.
Lucía Ocón, CFA of BBVA’s Investor Relations team, explains in El Catalejo how, in her work, transparency is key to building credibility and trust among current shareholders and conveying BBVA’s appeal as investment prospect among potential investors. For this purpose, she notes that it is essential to nurture fluid relationships with investors through meetings, roadshows and conferences.