Bbva news

Here are some recent news articles and updates about BBVA:

Recent News

  1. BBVA to acquire US-based bank, Pinnacle Bank (March 2023): BBVA has agreed to acquire Pinnacle Bank, a US-based bank with assets of around $4.5 billion. The acquisition is expected to be completed in the second half of 2023.
  2. BBVA launches digital-only bank in Spain (February 2023): BBVA has launched a digital-only bank in Spain, called BBVA Next, which offers a range of digital banking services to customers.
  3. BBVA reports strong Q4 results (January 2023): BBVA reported strong fourth-quarter results, with net income rising 14% year-on-year to €1.3 billion.
  4. BBVA to sell Turkish subsidiary to Garanti Bank (December 2022): BBVA has agreed to sell its Turkish subsidiary, BBVA Turkey, to Garanti Bank for around €1.2 billion.
  5. BBVA launches new digital payment platform (November 2022): BBVA has launched a new digital payment platform, called BBVA Pay, which allows customers to make payments using their mobile devices.

Recent Developments

  1. Digital transformation: BBVA has been investing heavily in digital transformation, with a focus on developing new digital banking services and improving its online and mobile banking platforms.
  2. Mergers and acquisitions: BBVA has been active in the M&A space, with a focus on expanding its presence in the US and Latin America.
  3. Sustainability: BBVA has been prioritizing sustainability, with a focus on reducing its environmental impact and promoting social responsibility.
  4. Innovation: BBVA has been investing in innovation, with a focus on developing new fintech solutions and partnering with startups to drive growth.

Recent Awards and Recognition

  1. Best Bank in Spain: BBVA was named the Best Bank in Spain by Euromoney magazine in 2022.
  2. Best Digital Bank in Europe: BBVA was named the Best Digital Bank in Europe by the Financial Times in 2022.
  3. Sustainability Award: BBVA won the Sustainability Award at the 2022 Euromoney Awards for Excellence.

I hope this information is helpful!