14 Facts About BBVA


Banco Bilbao Vizcaya Argentaria, S A, better known by its initialism BBVA, is a Spanish multinational financial services company based in Madrid and Bilbao, Spain.

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In 2019, BBVA decides to unify its brand worldwide and introduces a new logo.

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International presence of BBVA began in 1902, when the Banco de Bilbao opened a branch in Paris and in 1918 another in London, thus becoming the first Spanish bank with a presence abroad.

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In 2019 the Bank changed its name to BBVA, dropping local brand names in Argentina, Mexico, Peru, and the United States .

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In 1997, BBVA entered Venezuela by acquiring the Provincial Bank, which had been founded in 1953.

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BBVA expanded his presence in Argentina with the acquisition of Banco de Credito Argentino.

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In 2001, the implementation of the unified platform for all businesses and all countries was completed, and the BBVA brand was installed in the Group's entities in Latin America.

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Later he merged with BBVA Colombia, creating one of the largest banking groups in the country.

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In 2017 BBVA acquires the Mexican company Openpay, startup fintech specializing in online payments.

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In 2007, BBVA acquired Alabama Compass Bank in the US, strengthening its franchise in that country.

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Later, BBVA unified its corporate image in the country by reorganizing its entire portfolio of brands under the name "BBVA Compass".

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In 2014, BBVA acquired the US digital banking company Simple for 117 million dollars.

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BBVA is included in the IBEX 35, the official index of the Spanish Continuous Market composed of the 35 most liquid stocks traded on continuous market.

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From 2011 to 2014, BBVA sponsored the Birmingham Bowl, a postseason college football game played in Birmingham, Alabama, during which time the game was known as the BBVA Compass Bowl.

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