BBVA enjoys a solid leadership position in the Spanish market, is the largest financial institution in Mexico, and has leading franchises in South America, in the US Sunbelt region and in Turkey. The group also operates an extensive branch network worldwide.
This adequate balance between emerging and developed economies provides revenue diversification and, as a result, higher earnings recurrence.
Main geographical areas:
BBVA was founded in Spain in 1857 with the establishment of Banco de Bilbao. Currently, BBVA is one of the market leaders, operates a branch network with more than 3,300 locations and provides a full array of financial and non-financial products and services.
BBVA has a strong presence in the country since the acquisition of Probursa in 1995. BBVA currently carries out its activity through BBVA Bancomer, the leading financial institution in the country.
- United States
BBVA is present in the US through BBVA Compass, one of the biggest regional banks in the Sunbelt.
- Rest of Europe
BBVA has a 39.9% stake in Garanti Bank, the second largest financial institution of Turkey (by asset size). The group also has branches and representation offices in Belgium, France, Germany, Holland, Italy, Luxembourg, Malta, Portugal, Romania, Russia, Switzerland, Turkey and U.K.
- Latin America
BBVA has franchises in Argentina, Bolivia, Brazil, Chile, Colombia, Paraguay, Peru, Uruguay and Venezuela.
BBVA has branches and representation offices in Australia, China, Hong Kong, India, Indonesia, Japan, Singapore, South Korea, Taiwan and UAE.