Business areas
The financial information of BBVA is disclosed in six reporting units following a geographical criteria.
Business areas
From an operational point of view, BBVA Group is structured in the following business units:- Spain and Portugal: it includes banking, pension and insurance businesses that the Group develops in Spain and Portugal.
- Mexico: it comprises banking, pension and insurance businesses in this country.
- USA: it includes the banking business in USA and Puerto Rico.
- South America: it comprises banking, pension and insurance businesses in the region.
Additionally, BBVA has two cross-sectional business units segmented by customer type:
- Corporate & Investment Banking: it includes BBVA Group activity with large companies and corporations.
- Global Retail & Business Banking: global unit joining Retail Banking, SME & Commercial banking, Insurance and Pensions, Payment Systems, Consumer Finance, Private Banking and Asset Management.
Public reporting units
BBVA quarterly reports follow a geographic criterion. This scheme makes risk perception easier and offer better estimations of future growth perspectives.- Spain: it includes banking, pension and insurance businesses that the Group performs in Spain. In addition it also includes the porfolios, the wholesale funding and structural interest rate positions of the euro balance shhet.
- Real-Estate activity in Spain: This new area has been set up with the aim of providing specialized and structured management of the real-estate assets accumulated by the Group as a result of the crisis in Spain.
- Eurasia: it comprises the activity in the rest of Europe (including Garanti) and Asia (including Citic).
- Mexico: it comprises banking, pension and insurance businesses in this country.
- USA: it includes the banking business in USA and Puerto Rico, as well as the insurance business in these countries.
- South America: it comprises banking, pension and insurance businesses in the region.
- Finally, Corporate Activities include the items not comprised in other units.
Additionally, information of global wholesale banking (C&IB) is also provided, due to the special characteristics of its customers and the homogeneity of its products and risks
Business Areas recent presentations
- Spain: Societe Generale (the Premium Review Conference) Jaime Sáenz de Tejadal
- México: Goldman Sachs conference - Ignacio Deschamps - México
- South América: Ahorro Corporación- Banking Conference - Vicente Rodero - América Sur
- USA: Conferencia UBS - Manuel Sánchez - USA