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Banco Bilbao Vizcaya Argentaria

In October 2005, BBVA acquired Granahorrar&n Banco Bilbao Vizcaya Argentaria (BBVA) is a multinational financial services group which is based on people. BBVA was formed in 1857 when the Spanish Board of Trade sponsored the creation of Banco de Bilbao as a currency-issuing and discount bank. The group known as BBVA was created in 1999. In 1960 the components of the group began to increase their international presence. Today, BBVA is internationally acclaimed as a highly-regarded, award-winning bank.

The mission of BBVA is: “working towards a better future for people, searching for lasting customer relationships that will change the perception of business”.
The areas of operation or businesses of BBVA are:
Business Units:

  • Retail Banking in Spain and Portugal
  • Wholesale Businesses
  • Bank in Mexico
  • Subsidiaries in South America
  • Banking Franchise in USA:
    1. Banking business in Texas
    2. BBVA Bancomer in USA
    3. BBVA Puerto Rico
    4. Bancomer Transfer Services (BTS)
    5. BBVA Finanzia USA
Support Units:
  • The Human   Resources
  • IT and Operations
  • Transformation and Productivity unit
The products and services are:
  • Just For You
  • For SMEs
  • For Large Corporations
  • For Institutions
  • Private Banking
Key Statistics:
  • BBVA holds assets of $463.82 billions.
  • BBVA has made profits of $4.50 billions in 2006.
  • The Group operates in 32 countries of the world including Spain and other parts of Europe, North and Central America, South America, Asia.
  • BBVA has 95,000 employees.
Organization

The organizational structure includes:

  • Chairman and CEO
  • President and COO
  • Chairman's Office
  • Business Units
  • Support Units
International Ranking
  • BBVA ranks 58 in the world in the list of Forbes Magazine.
  • BBVA ranks 410 in Fortune Global 500 list.

BBVA has many subsidiaries looking after its operations in many countries of the world.

Recent Acquisition
  • In October 2005, BBVA acquired Granahorrar in Colombia.
  • In May 2006, BBVA announced the acquisition of Forum in Chile.
  • In June 2006, the Group announced the purchase of two important banks in Texas-- Texas Regional Bancshares Inc. and State National Bancshares Inc.
Headquarter Address
Plaza San Nicolás, 4 - 28005
Bilbao
Spain
Phone : 34-94-487-5555
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