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BBVA Bank, also known as Banco Bilbao Vizcaya Argentaria, is a multinational financial institution headquartered in Madrid, Spain. It is one of the largest banks in Spain and a leading global financial services provider, serving over 70 million customers in more than 30 countries. BBVA is known for its innovative digital banking services and commitment to sustainability.

BBVA was founded in 1857 as the Banco de Bilbao, a regional bank in the Basque Country of Spain. In 1902, it merged with the Banco de Vizcaya, another regional bank, to form the Banco de Bilbao y Vizcaya. The bank expanded its operations throughout Spain and Latin America in the 20th century, acquiring several other banks along the way. In 1999, it merged with Argentaria, a Spanish state-owned bank, to form BBVA.

Since the merger, BBVA has become one of the largest banks in the world by assets, with a presence in Europe, the Americas, and Asia. It has a diversified business model, offering retail banking, corporate banking, asset management, and insurance services. BBVA is also a leader in digital banking, with a strong focus on mobile and online banking. In recent years, the bank has invested heavily in technology and innovation to enhance its customer experience and streamline its operations.

One of BBVA’s key strengths is its commitment to sustainability. The bank has a long-standing reputation as a socially responsible company, with a focus on environmental, social, and governance (ESG) issues. In 2018, BBVA launched its Pledge 2025 initiative, which aims to mobilize €100 billion in sustainable financing by 2025 and help combat climate change. The bank has also been recognized for its efforts to promote financial inclusion, particularly in developing countries.

BBVA’s digital transformation has been a major focus in recent years. The bank has developed a range of digital services and tools to make banking more convenient and accessible for customers. Its mobile banking app, which has won numerous awards, allows customers to perform a wide range of banking tasks from their smartphones, including making payments, transferring money, and managing their accounts. BBVA has also invested heavily in artificial intelligence and data analytics to enhance its customer experience and improve its internal processes.

BBVA has faced some challenges in recent years. Like many other banks, it has been impacted by low interest rates and increased competition in the banking sector. In 2020, BBVA announced that it was selling its U.S. business to PNC Financial Services Group for $11.6 billion, in order to focus on its core markets in Spain and Latin America.

BBVA is a respected and well-established financial institution with a strong global presence and a commitment to innovation and sustainability. Its digital banking services and focus on ESG issues have helped set it apart from other banks and position it for long-term success in a rapidly changing financial landscape.

Did you know that BBVA Bank has an affiliate program?

Here is some basic information about what BBVA Bank is all about. Check it out, and if you are interested there is a link below to access the BBVA Bank affiliate program.

BBVA, The digital bank of the 21st century – The latest banks and financial services company and industry news with expert analysis from the BBVA, Banco Bilbao Vizcaya Argentaria.

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