BBVA has closed its first growth capital transaction in Finland with Bob W, the Helsinki-born hospitality scaleup focused on redefining the short-stay experience across Europe through technology. This also marks BBVA’s first growth capital deal in Finland, coinciding with the bank’s debut as a key partner at Slush, the renowned global innovation event that gathers more than 13,000 attendees, 2,500 startups and 2,000 investors in Helsinki each year.

Spain’s development finance institution, the Instituto de Crédito Oficial (ICO), and Garanti BBVA, BBVA’s Turkish franchise, signed the first financing agreement aimed at boosting the activity of companies with Spanish interests in Türkiye for up to $100 million.

“COP30 will put the world’s ability to turn promises into results to the test. The conference aims to move from climate ambition to effective implementation and measurable commitments,” according to BBVA Research. “Although climate research exists, it is not sufficient and must accelerate at COP30,” a recent report by the research service concluded.

In this episode, Pep Ferrís, Head of Corporate & Investment Banking Asia at BBVA, speaks with Anthony Watanabe, Chief Sustainability Officer at Indorama Ventures, a global industry leader in sustainable chemicals and the world’s largest producer and recycler of PET.

On November 6-8, 2025, 1,600 senior and middle managers from across Türkiye met in Antalya for the annual Executives Meeting, with the theme “We are ready for the future: we will make it happen together.”  The 2025 event focused on the bank’s strategic goals, underscored its accomplishments and analyzed the areas of growth that will shape the future. BBVA CEO Onur Genç joined the meeting, where he discussed the group’s global vision and the strategic role Garanti BBVA plays in making this vision a reality.

BBVA has acted as one of the key banking partners in the financing of the second phase of the Northern Lights project, carried out in partnership with Shell, TotalEnergies and Equinor as a strategic initiative for industrial decarbonisation in Norway. This new phase will increase CO₂ storage capacity and marks a further step in scaling carbon capture, utilisation and storage (CCUS) solutions across Europe.

In this episode, we meet with Emmanuel Lagarrigue, Partner and Global Co-Head of Climate at KKR, at their New York headquarters.

At BBVA, the adoption of artificial intelligence is much more than just a technological change: it represents a profound transformation of the banking business. The bank’s AI strategy is built on leadership and employee empowerment as a way to drive uptake and achieve a truly transformative impact. OpenAI invited Antonio Bravo, Global Head of Data, to take part in its annual event OpenAI Frontiers, where he explained how both entities are already transforming the banking sector, with tangible results.

Garanti BBVA made history in Türkiye by isuing the first biodiversity blue bond, a landmark transaction aimed at protecting marine ecosystems. The $20.22 million bond has a three year maturity and will be used to support the sustainable management of marine ecosystems in the Mediterranean basin.

On Friday, November 7, BBVA shareholders will receive a gross interim cash dividend of €0.32 per share against 2025 earnings, 10 percent higher than the previous year. This is the highest interim dividend in BBVA’s history. In total, the bank will distribute €1.84 billion in cash to its shareholders.

BBVA Switzerland, together with the Group's Behavioral Economics team, has launched ‘Investing in the Mirror,’ an innovative interactive experience that invites us to reflect on the role of emotions, biases, and beliefs in our investment decisions. It's a different look at the relationship with money that combines technological innovation and behavioral psychology.

Brazil has established itself as one of the most dynamic markets in Latin America. The country is home to a large number of major corporations, leads key sectors such as energy, agribusiness and infrastructure, and hosts a sophisticated financial community. In this context, Agustina Ramírez, Head of BBVA CIB in Brazil, outlines how the bank has built a differentiated value proposition to position itself as a leading financial partner in the country.

BBVA Germany is expanding its digital offering with a new ‘Bargeld via App’ cash‑in feature. From now on, customers can deposit cash directly into their BBVA account at participating supermarket and retail checkouts – quickly, securely, and without visiting a bank branch.

BBVA’s Corporate & Investment Banking (CIB) division posted revenues of €4,832 million between January and September 2025, representing a 27% increase versus the same period in 2024 (at constant euros, not including the effect of hyperinflation accounting). All business units recorded double-digit growth: Global Markets (GM) +27% year-on-year; Global Transaction Banking (GTB) +19% year-on-year; and Investment Banking & Finance (IB&F) +35% year-on-year. Additionally, loan book  grew by 15% compared to December 2024, both in transactional banking and IB&F, supported by landmark project finance and corporate lending transactions in Spain, Mexico and the United States. Attributable profit stood at €2,341 million, a year-on-year increase of 32%. Over the nine-month period, business profitability continued to strengthen, in line with the trend seen throughout the year and with a particularly strong performance in Spain, the United Kingdom, Continental Europe and the United States.

This Friday, October 31, BBVA is starting the €993 million share buyback program announced earlier this year, which had been pending execution. This buyback is part of the bank’s ordinary shareholder distribution for the 2024 financial year and contributes to the €13 billion BBVA plans to return to shareholders in the short term (€36 billion between 2025 and 2028) in dividends and share buybacks¹.

BBVA posted an excellent set of earnings in the first nine months of 2025, driven by  solid activity growth (+16 percent in constant euros) and momentum in core revenues (+13.5 percent in constant euros). Net attributable profit reached a record €7.98 billion through September, up 4.7 percent from a year earlier (+19.8 percent in constant euros). The Group continued to show outstanding profitability metrics, with ROTE at nearly 20 percent; while creating value for its shareholders, with an increase of the tangible book value per share plus dividends of 17 percent over the past 12 months. The strength of the CET1 capital ratio, which stands at 13.42 percent, has prompted to accelerate the remuneration plans for BBVA shareholders: on Oct. 31, the bank will start executing the pending share buyback for €993 million; on Nov. 7, it will pay the highest interim dividend ever (€0.32 per share), for a total of €1.84 billion; and, as soon as it receives the authorization from the European Central Bank (ECB), it will launch a significant additional share buyback program¹.

BBVA has completed the global rollout of ADA (Analytics + Data + AI), the group's data platform, which is now operational across all geographies within BBVA's footprint, consolidating a unique, efficient, and wholly cloud-based technology model.

BBVA Spark has struck a financing deal worth up to €50 million with Sesame, Spain’s leading HR software company. This funding will enable Sesame to ramp up its growth across Europe, while allocating its own resources to strengthening its leadership in AI. The agreement also marks the launch of an innovative financial instrument in Europe.

Enterprises are one of the six major priorities in BBVA’s 2025 - 2029 strategic cycle.  The bank supports all companies in every stage of their development, offering accessible solutions, tailored to their needs and reality, a global vision (presence in 25 countries) and expert advice. BBVA is much more than a financial provider: it is the strategic partner that boosts companies’ growth, combining knowledge, innovation and sustainability. From SMEs to large corporations and institutions, BBVA wants to be by their side, understand their challenges and help them overcome them with confidence.

Franco Cinquegrana is BBVA's new country manager in Uruguay, replacing Alberto Charro, who is leaving the BBVA Group after a successful career spanning more than 35 years. This change is subject to obtaining the relevant regulatory approvals.

BBVA announces that the takeover bid for Banco Sabadell will not proceed as the minimum acceptance level set by the bank has not been met. Looking ahead, BBVA’s Strategic Plan and its corresponding ambitious financial goals will consolidate the Group at the forefront of European banking in terms of both growth and profitability. As part of the Strategic Plan, BBVA is to immediately resume shareholder remuneration: On October 31, it will start executing the pending share buyback of around €1 billion; on November 7, it will pay the highest interim dividend ever (€0.32 per share) for a total of €1.8 billion; and, as soon as it receives the authorization from the European Central Bank (ECB), it will launch a significant additional¹ share buyback program.

BBVA is backing the joint statement from global business leaders prior to COP30, which underscores the commercial viability of the decarbonization of the economy and the climate transition.The statement urges companies and political leaders to “scale the historic opportunity for returns, resilience and growth.” Chairs and CEOs from the World Economic Forum’s Alliance of CEO Climate Leaders, including BBVA Chair Carlos Torres Vila, signed the statement.

BBVA is the first financial institution to join Iberia’s Círculo SAF, a community dedicated to supporting the development of the sustainable aviation fuel (SAF) industry and promoting lower emissions into the atmosphere.

In an increasingly digital world, data centers have become critical infrastructure underpinning technological and economic progress. Their rapid growth, however, brings with it unavoidable challenges in terms of sustainability and efficiency. In this context, BBVA CIB positions itself as a strategic partner for companies, supporting them in their transition towards more responsible and resilient models capable of adapting to a constantly evolving environment.

The Spanish Chamber of Commerce, under the leadership of President José Luis Bonet and Director General Inmaculada Riera, organized a meeting last Friday with Teresa Ribera, the Executive Vice President of the European Commission for a Clean, Just and Competitive Transition.  In his role as President of the European Affairs Commission of the Spanish Chamber of Commerce, John Rutherford, Global Head of Public Affairs at BBVA, was tasked with moderating the meeting and guiding the discussions. The event fostered an enriching dialogue between the senior representative of the European Commission and the business community around European challenges in sustainability and competitiveness in a changing and uncertain geopolitical context.

BBVA has received LEED Gold certification (Leadership in Energy and Environmental Design) for the sustainability of its office located at 389 9th Avenue in New York. This recognition, awarded by the U.S. Green Building Council (USGBC), accredits the entity's commitment to energy efficiency, responsible use of resources and the creation of healthy spaces for its professionals and customers.