The B20 -a forum made up by companies from G20 countries– plays a key role as a liaison between governments and the economy. It is "an essential link between the real economy and the authorities that have regulatory powers over that economy,” says José Manuel González-Páramo, Executive Board Director of BBVA. Companies also act as drivers of economic growth and inclusion. For this reason, the B20 “is crucial at this point in time.”
Finance
Finance
The blockchain continues to advance by exploring new usages and business models. Three experts – Oliver Díaz of BBVA, Montserrat Guardia of Banc Sabadell, and Roberto García Mora of Santander – have analysed its “Revolution Banking” possibilities.
BBVA’s has issued perpetual debt eventually convertible into shares at the cheapest price of all operations launched by Spanish issuers for this type of product. The issuing of €500 million of contingent convertible bonds, or 'CoCos' (also known as AT1) took place at a very attractive price, with a coupon of 5.875%.
BBVA offers the best mobile banking services in Europe, according to the recent Forrester Research report, “European Mobile Banking Benchmark” (EMBB), which analyzes the apps of 11 retail banks in Europe. BBVA’s Turkish bank Garanti was ranked fourth in the 2017 edition of the EMBB.
The Phoenix Mercury and BBVA Compass have teamed up for the second annual “Bright Futures Women in Business” promotion, an initiative designed to support women-owned businesses and create opportunity for a brighter future throughout the Valley.
Customer deposits are the principal source of liquidity for retail banks. But they also go to the capital markets, through debt issues. In this way, the banks can obtain financing and also meet the requirements of an increasingly demanding regulation. Depending on their characteristics, these issues are more or less similar to shares, which means that they also have priority when losses are taken, in the event the financial institution were to go bankrupt
Minister Benjamin’s Banking Law of 1946 further pulled in the already tight reins on the Spanish banking sector. In spite of everything, the two banks from Bilbao managed to grow and to distinguish themselves amongst their national competitors. Even before the greater growth that took place during the 1950s, Banco de Bilbao and Banco de Vizcaya had ended the 1940s in very good health.
For two days, the corporate community of the G20 - the Business 20, or B20 - met in Berlin to discuss how to create a sustainable global economy in the future. At the end of the summit, the B20 presented its 20 recommendations for the G20 political leaders to German Chancellor Angela Merkel. BBVA played an important role in the meeting.
BBVA Compass landed on DiversityInc’s Top 50 Companies for Diversity list for the first time this year, a reflection of the bank’s commitment to building a workforce and supplier pipeline that fully reflect the clients and businesses it serves.