BBVA is a global group that offers individual and corporate customers the most complete range of financial and non-financial products and services. It enjoys a solid leadership position in the Spanish market, where it first began its activities over 150 years ago. It also has a leading franchise in South America; it is the largest financial institution in Mexico; one of the 15th largest U.S. commercial banks and one of the few large international groups operating in China. BBVA employs 112,000 people in over 30 countries around the world, has more than 47 million customers and 890,000 shareholders.
It follows an innovative management model that focuses on the customer and that considers society in general. The key features are innovation, growth and the generation of profit. Its cornerstones are people, teamwork, ethical principles and technology.
02.08.2010 BBVA ended the first half of 2010 with net attributable profit of 2.53 billion (down 9.7%) after setting aside 250 million in the quarter for generic provisions against additional insolvency. More
Business and Financial News
US gains access to European banking data - 01.08.2010 US terror investigators can now take advantage of the terms of an agreement drawn up with the EU, which gives them access to the details of bank transfers taking place between the EU and the rest of the world. Source: Deutsche Welle
Results of the 2010 EU-wide stress testing exercise - 23.07.2010 Further to its statements issued on 18 June, 7 July and 19 July 2010, CEBS today releases its summary report on the results of the EU-wide stress test exercise. Source: The Committee of European Banking Supervisors (CEBS)
European banks face stress test - 08.07.2010 The European Union and European Central Bank are pushing for more than 100 European banks to be stress tested, in an effort to avert another financial crisis. Source: Financial News
Siemens plans to set up its own bank - 30.06.2010 German industrial conglomerate Siemens AG plans to set up a bank of its own in an effort to reduce risks of financing difficulties following the economic crisis, the company said Monday. Source: Associated Press
Greek leader considers action against US banks - 17.05.2010 Greece may investigate U.S. investment banks and their role in the run-up to the Greek debt crisis which has shaken faith in euro zone economies, Prime Minister George Papandreou said in comments broadcast on Sunday. Source: Reuters
BBVA is a global group that offers individual and corporate customers the most complete range of financial and non-financial products and services. It enjoys a solid leadership position in the Spanish market, where it first began its activities over 150 years ago. It also has a leading franchise in South America; it is the largest financial institution in Mexico; one of the 15th largest U.S. commercial banks and one of the few large international groups operating in China. BBVA employs 112,000 people in over 30 countries around the world, has more than 47 million customers and 890,000 shareholders. 