Banco Bilbao Vizcaya Argentaria BBVA is a global financial services group founded in 1857. It has a presence in over 25 countries. BBVA has more than 111,000 employees and serves 77.2 million active customers.

Banco Bilbao Vizcaya Argentaria BBVA

BBVA's operational headquarters are located in Madrid.

Banco Bilbao Vizcaya Argentaria BBVA History

BBVA's roots trace back to 1857 with the founding of Banco de Bilbao.

Key historical milestones:

1857: Banco de Bilbao was founded.
1901: Banco de Vizcaya was formed.
1902: Banco de Vizcaya expanded internationally by establishing a branch in Paris, becoming the first Spanish bank with a foreign presence.
1988: Banco de Bilbao and Banco de Vizcaya merged, creating Banco Bilbao Vizcaya (BBV).
1991: The Spanish government created Argentaria, grouping together Spanish public banks.
1999: BBV and Argentaria merged to form Banco Bilbao Vizcaya Argentaria (BBVA).

Banco Bilbao Vizcaya Argentaria BBVA Expansion and Development

BBVA has expanded internationally, including a presence in the U.S. market.

Key expansion initiatives:

1994: BBVA launched the "1,000 Day Program" to become a preferred financial provider in Spain and Latin America.
1996: BBVA acquired a 40% stake in Banco Ganadero, the largest bank in Colombia.
2004: BBVA entered the US market through acquisitions in the Sunbelt region, leveraging its Mexican subsidiary BBVA Bancomer.
2010: BBVA acquired a 24.9% stake in Turkiye Garanti Bankasi AS, the second-largest bank in Turkey.
2021: BBVA virtually opened in Italy. BBVA global equities business expanded to Hong Kong and New York.

Operations

BBVA operates in more than 25 countries and holds a leading position in the Spanish market. It is the largest financial institution in Mexico and has leading franchises in South America and Turkey. The bank also has an important investment, transactional, and capital markets banking business in the USA.

BBVA provides a range of financial services, including capital markets solutions. BBVA's global markets team offers expertise in financial products, assisting clients in managing their risk profiles. BBVA also focuses on digital innovation, developing digital channels, products, and services.