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BBVA

From Simple English Wikipedia, the free encyclopedia
Banco Bilbao Vizcaya Argentaria, S.A.
Company typeSociedad Anonima
BMADBBVA
NYSEBBVA
IndustryFinancial services
Predecessor
  • Banco Bilbao Vizcaya, S.A.
  • Argentaria, S.A.
FoundedBilbao, Spain
1857; 167 years ago (1857)
Headquarters,
Key people
Carlos Torres Vila
(Group Executive Chairman)
Onur Genc
(CEO)
ServicesBanking, insurance, asset management
RevenueIncrease23.680 billion (2015)[1]
Increase€6.81 billion (2015)[2]
Increase€2.642 billion (2015)[1]
Total assetsIncrease€750.07 billion (2015)[3]
Total equityIncrease€55.43 billion (2015)[3]
Number of employees
137,968 (2015)[4]
Websitewww.bbva.com

Banco Bilbao Vizcaya Argentaria, S.A., better known by its initialism BBVA, is a multinational Spanish banking group. It was formed from a merger of Banco Bilbao Vizcaya and Argentaria in 1999, and is the second largest bank in Spain.[5] The company is a constituent of the IBEX 35 and Euro Stoxx 50 stock market index.[6][7] In 2007, the firm started an initiative to digitally transform the bank. Following implementation, it saw a 19% year-on-year increase in new customers. As of 2015, the total number of these clients stood at 14.8 million.[8]

References

[change | change source]
  1. 1.0 1.1 4-traders. "Banco Bilbao Vizcaya Argentaria S.A. : Financials, earnings estimates and forecasts for Banco Bilbao Vizcaya Argentaria S.A. - BBVA - 4-Traders". 4-traders.com. Archived from the original on 29 June 2016. Retrieved 20 June 2016.{{cite web}}: CS1 maint: numeric names: authors list (link)
  2. "Banco Bilbao Vizcaya Argentaria S.A. ADR". marketwatch.com. Archived from the original on 10 June 2016. Retrieved 20 June 2016.
  3. 3.0 3.1 "Financial Data - BBVA". bbva.com. Archived from the original on 24 June 2016. Retrieved 20 June 2016.
  4. "Annual Results 2015". BBVA. Archived from the original on 16 August 2016. Retrieved 20 July 2016.
  5. "Los cuatro grandes, más fuertes que nunca (The big four, stronger than ever) (spanish)". ABC.es. Archived from the original on 2014-10-26.
  6. "IBEX 35 COMPOSITE INDEX, IBEX:MCE Constituents - FT.com". markets.ft.com. Archived from the original on 2017-08-02.
  7. "Börse Frankfurt (Frankfurt Stock Exchange): Stock market quotes, charts and news". Archived from the original on 2015-11-19.
  8. "Mentor Europe 5 Excellent Examples of Successful Transformation Programs". Archived from the original on 2017-08-02.