BBVA chief operating officer Angel Cano said the financial system had conducted an important deleveraging process and that such a reduction should be compatible with the provision of new credit for solvent demand. Speaking on reform of the financial system at this year’s ‘Expansión Symposium’ organized by financial paper Expansión and KPMG he said, “We and other solvent banks must commit to Spanish society and contribute to reviving the flow of credit in a sound and responsible manner.” He also emphasized that the move towards banking union is essential and that the European Council’s Bank Recovery and Resolution Directive will contribute to “breaking the vicious circle linking sovereign and banking risk.”
The Massachusetts Institute of Technology (MIT) with the support of BBVA announces the Innovators under 35 awards for the first time in Chile, through the Spanish edition of its publication MIT Technology Review. The aim is to discover and support young Chileans so they can have a real impact on society through technology.
The BBVA Group Chief Financial Officer, Manuel González Cid, was presented today with the Good Governance and Shareholders Structure Forum Award for the bank’s investors and shareholders website due to its transparency and accessibility. “At BBVA we believe that transparency is a cornerstone of our management strategy and long-term commitment to our shareholders,” he said during the awards ceremony.
The last few days of Ruta Quetzal BBVA have focused on social entrepreneurship, with courses and workshops being held at leading cultural centers in Panama City. The young participants were able to share the social issues facing their communities, followed by a discussion of their experiences and potential solutions.
Paganza and Traity have been chosen as the startup winners in the fifth BBVA Open Talent 2013, in the New Banking and Innovation & Technology categories. The two projects, which will receive prizes of up to €100,000, stood out among the 20 finalists for their innovative character, in this year’s competition, which had a notable international participation and a final held for the first time in Buenos Aires during Red Innova.
The BBVA Innovation Center hosted the presentation of the ‘Dynamics of Tourism’ in the city of Madrid study, based on actual commercial activity in 2012. The work is the result of a year of collaboration between BBVA and Madrid City Council in the promotion of innovation and smart cities.
The BBVA Group has just received CLIP (Corporate Learning Improvement Process) certification, granted by the EFMD (European Foundation for Management Development), as part of its annual meeting held in Brussels, for the excellence achieved in the design and operation of its training model.
Over 300 new children from El Chorrillo will benefit from BBVA’s «Niños Adelante» Integration Scholarship Program. An additional 100,000 dollars have been donated to Movimiento Nueva Generación to fund the construction of the Barraza Comprehensive Center.
In the twenty-eighth edition of Ruta Quetzal BBVA, from the Darien Rainforest to the Europe of Charles V, the young explorers will travel for three weeks through some of the most significant places in Panama to celebrate the fifth anniversary of the discovery of the Pacific by Núñez de Balboa. The youths will then travel to Belgium, where they will visit the European Parliament and study the life of the emperor Charles V and before arriving in Madrid, they will have the opportunity to visit the UNESCO headquarters in Paris. They will later be received by their Majesties the King and Queen of Spain, before ending their journey in Extremadura.