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BBVA in brief
Factsheet
BBVA is a global financial services group founded in 1857. The bank is present in more than 25 countries, has a strong leadership position in the Spanish market, is the largest financial institution in Mexico and it has leading franchises in South America and Turkey. In the United States, BBVA also has a significant investment, transactional, and capital markets banking business.
BBVA contributes with its activity to the progress and welfare of all its stakeholders: shareholders, clients, employees, providers and society in general. In this regard, BBVA supports families, entrepreneurs and companies in their plans, and helps them to take advantage of the opportunities provided by innovation and technology. Likewise, BBVA offers its customers a unique value proposition, leveraged on technology and data, helping them improve their financial health with personalized information on financial decision-making.
The factsheet below provides an overview of the bank’s key information, with data as per the last quarter.
History of BBVA
The history of BBVA is the history of many different people; people who have been a part of the more than one hundred financial institutions that have joined our corporate journey since it first began in the mid-19th century. Today at BBVA, we work to support our clients their drive to go further.
| 1857 | 1901 | 1902 |
| Creation of Banco de Bilbao | Foundation of Banco de Vizcaya | Merger of Banco de Bilbao with Banco de Comercio |
| 1909 | 1920 | 1923 |
| Creation of Caja Postal | Foundation of Banco de Crédito Industrial | Creation of the National Agricultural Credit Service |
| 1982 | 1984 | 1988 |
| BEX becomes a financial group | Banco Vizcaya purchases Banca Catalana | Merger of Banco de Bilbao with Banco de Vizcaya |
| 1991 | 1995 | 1996 |
| Incorporation of Corporación Bancaria de España | Banco Continental (Peru) Probursa (Mexico) | Banco Ganadero (Colombia) Cremi and Oriente Banks (Mexico) Banco Francés (Argentina) |
| 1997 | 1998 | 1999 |
| Banco Provincial (Venezuela) B. C. Argentino (Argentina) | Birth of Argentaria (Spain) Poncebank (Puerto Rico) Banco Excel (Brazil) Banco BHIF (Chile) | Merger of BBV and Argentaria Provida AFP (Chile) Consolidar AFP (Argentina) |
| 2000 | 2001 | 2003 |
| Bancomer (Mexico) | End of BBVA merger process | Sale of BBVA Brazil |
| 2004 | 2005 | 2006 |
| Valley Bank (USA) Laredo (USA) Takeover bid for Bancomer (Mexico) | Banco Ganadero (Colombia) Hipotecaria Nacional (Mexico) | Texas Regional Bancshares (USA) Financial Services (Chile) State National Bancshares (USA) CNCB (China) |
| 2007 | 2008 | 2009 |
| Compass (USA) | Extension of agreement with CNCB (China) | Guaranty Bank (USA) |
| 2010 | 2011 | 2012 |
| New extension of agreement with CNCB (China) Turkiye Garanti Bankasi (Turkey) | Extension of agreement with Forum Financial Services (Chile) Credit Uruguay (Uruguay) | BBVA Puerto Rico divestiture Unnim Banc (Spain) |
| 2013 | 2015 | 2016 |
| Panama divestment Divestiture of pensions LatAm business Sale of 5,1% CNCB (China) | Sale to CNCB of shares in CIFH (China) Sale of 4,9% CNCB (China) Catalunya Banc (Spain) Turkiye Garanti Bankasi share increase (Turkey) | Sale of 1,12% CNCB (China) Sale of GarantiBank Moscow AO (Moscow) |
| 2017 | 2018 | 2019 |
| Sale CNCB (China) Turkiye Garanti Bankasidel shareholding increase (Turkey) Agreement with Cerberus group for the transfer of real estate business (Spain) | Sale of BBVA Chile shareholding | BBVA unites its brand worldwide |
| 2020 | 2021 | 2022 |
| Bancassurance partnership with Allianz (Spain) | BBVA Paraguay divestiture BBVA USA divestiture | Shareholding increase Turkiye Garanti Bankasidel (Turkey) |
More information about the history of BBVA in bbva.com
BBVA is a global financial services group founded in 1857. The bank is present in more than 25 countries, has a strong leadership position in the Spanish market, is the largest financial institution in Mexico and it has leading franchises in South America and Turkey. In the United States, BBVA also has a significant investment, transactional, and capital markets banking business.
BBVA contributes with its activity to the progress and welfare of all its stakeholders: shareholders, clients, employees, providers and society in general. In this regard, BBVA supports families, entrepreneurs and companies in their plans, and helps them to take advantage of the opportunities provided by innovation and technology. Likewise, BBVA offers its customers a unique value proposition, leveraged on technology and data, helping them improve their financial health with personalized information on financial decision-making.
The factsheet below provides an overview of the bank’s key information, with data as per the last quarter.
Updated page 23 May 2024