Industry, innovation and infrastructure

The U.S., China and Europe are leading the development of this technology, which uses principles of quantum physics to perform calculations and information processing and has the potential to solve complex problems.

Presentation in March 2023 of the agreement to install a quantum computing center in San Sebastian, which will house the sixth IBM Quantum System One computer in the world. Image: EFE /Javier Etxezarreta

BBVA Open Innovation aims to support the digital transformation of the financial group and of the ecosystem of entrepreneurs and developers. With this aim in mind, it is bringing together talent from October 21-23, 2022 to create innovative solutions for the challenges proposed by BBVA’s business units in Mexico, Spain, Colombia, Peru and strategic partners in the ecosystem of entrepreneurs.

Spain has set itself the challenge of becoming an attractive country for emerging companies through the Strategy for Spain as an Entrepreneurial Nation. The purpose of the strategy is to promote and boost their formation and development through four milestones: investment, talent, scalability and public sector support for entrepreneurship.

BBVA's teams in Asia and Colombia secured this cross-border transaction, which will allow Asian client China Harbour Engineering Company Limited (CHEC) to build, operate and service line 1 of the Bogota subway. The landmark agreement will contribute to financing the largest infrastructure project in Colombia’s history, and is also the most ambitious cooperation project the country’s ever signed with China. The transaction is the first one certified by BBVA in Asia in compliance with its sustainable transactional banking framework.

Smart crops, bacteria-detecting knives, and waste-reducing supply chains: These are some of the futurist scenarios that could become a reality if IBM’s predictions prove to be correct. As part of the bank’s Ninja Project — a program to cultivate BBVA’s internal digital talent and culture — IBM was invited to share its predictions with the bank’s employees.

Over 1,800 participants from the banking industry, governmental authorities, and civil society gathered in Brussels on February 5-6, to take part in what has become the leading forum discussing the future of the European Union’s industry. EU Industry Days 2019, organized by the European Commission, devoted a substantial share of time to social investment and sustainable financing, something that has become an obligation for financial institutions today, according to Antoni Ballabriga, Global Head of Responsible Business, BBVA, who participated in one of the panels.

BBVA’s CEO, Carlos Torres Vila, has spoken of the great impact entrepreneurs bring to society at the opening of Spain’s biggest startup conference.

BBVA today tapped the markets, issuing the largest ever green bond (€1 billion) by a eurozone financial institution. The 7-year non-preferred senior green bond makes BBVA the first Spanish bank to issue such debt instrument. High demand -three times higher than the bond’s value– allowed it to lower the price to mid-swap plus 80 basis points.