BBVA or Banco Bilbao Vizcaya Argentaria is a multinational banking group founded in 1857 and headquartered in Bilbao, Spain. The BBVA bank is the second largest in Spain and one of the biggest in the world. In 2015, the total assets of BBVA were around $750 billion and it had a revenue of more than $23 billion. BBVA banking is known for its aim of digitalization and implementation of innovative technologies. BBVA has a strong international presence, with subsidiaries in U.S. (BBVA Compass), Turkey (Garanti Bank), Mexico (BBVA Bancomer) and a number of other countries. BBVA Compass Bank is the 30th largest in the United States, has more than 11,000 employees and total assets of over $86 billion. The current CEO of Banco Bilbao Vizcaya Argentaria is Carlos Torres Vila — an MIT graduate, with degrees from National University of Distance Education and Sloan School of Management.
BBVA and a state-backed research center in Spain have launched a partnership to explore advanced cryptography for financial services.
Spanish Multinational Bank BBVA to Explore Zero-Knowledge Proofs
Banco Bilbao Vizcaya Argentaria has announced the use of blockchain technology for the bank’s first such issuance of a green bond.
Major Spanish Bank BBVA Issues $40 Million Green Bond Based on Blockchain Platform
Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria, has closed a €150 million loan using blockchain technology.
Major Spanish Bank BBVA Closes €150 Mln Loan With Porsche Holding Using Blockchain
Major Spanish banks BBVA and Santander have joined the launch of the E.U. International Association for Trusted Blockchain Applications.
BBVA and Santander Join EU Joint Blockchain Platform Set to Launch in 2019
Banco Bilbao Vizcaya Argentaria (BBVA) has carried out a blockchain-based syndicated loan of $150 million with BNP Paribas and MUFG.
BBVA Leads Blockchain-Based Syndicated Loan of $150 Million with BNP Paribas and MUFG
While politicians welcome blockchain, civil servants don’t wait for legislation to be implemented.
Spain Remains a Primary Example of Blockchain Optimism on All Levels
Executive chairman of BBVA Group Francisco Gonzalez calls for better understanding of cryptocurrencies, as the world is going through a “digital revolution”.
BBVA Executive: Cryptocurrencies Are ‘Perfect,’ But Often Used for Illicit Activities