The mission of BBVA is "Working towards a better future for people and searching for lasting customer relationships that will change the perception of business."
The Areas of Operation of BBVA are:
Business Units:
- Retail Banking in Spain and Portugal
- Wholesale Businesses
- Bank of Mexico
- Subsidiaries in South America
Banking Franchises in the USA:
- Banking business in Texas
- BBVA Bancomer
- BBVA Puerto Rico
- Bancomer Transfer Services(BTS)
- BBVA Finanzia
Support Units:
- Human Resources
- IT and Operations
- Transformation and Productivity
Products and services are:
- Just for You
- For SMEs
- For Large Corporations
- For Institutions
- Private Banking
Key Statistics:
- BBVA holds assets of $463.82 billion.
- BBVA made profits of $4.50 billion in 2006.
- The Group operates in 32 countries including Spain and other parts of Europe, North and Central America, South America, and Asia.
- BBVA has 95,000 employees.
- BBVA has subsidiaries looking after its operations in many countries throughout the world.
The organizational structure includes:
- Chairman and CEO
- President and COO
- Chairman's Office
- Business Units
- Support Units
International Ranking:
- In Forbes Magazine, BBVA ranks 58 in the world.
- BBVA ranks 410 in Fortune Global 500.
Recent Acquisitions:
- In October 2005, BBVA acquired Granahorrar in Colombia.
- In May 2006, BBVA announced the acquisition of the Forum in Chile.
- In June 2006, the Group announced the purchase of two important banks in Texas- Texas Regional Bancshares Inc. and the State National Bancshares Inc.
Headquarters Address:
Plaza San Nicolás4-28005 Bilbao
Spain
Telephone: 34-94-487-5555
