Spanish banking group From Wikipedia, the free encyclopedia
Banco Bilbao Vizcaya Argentaria, S.A., better known by its initialism BBVA, is a multinational Spanish banking group. It was formed from a merger of Banco Bilbao Vizcaya and Argentaria in 1999, and is the second largest bank in Spain.[5] The company is a constituent of the IBEX 35 and Euro Stoxx 50 stock market index.[6][7] In 2007, the firm started an initiative to digitally transform the bank. Following implementation, it saw a 19% year-on-year increase in new customers. As of 2015, the total number of these clients stood at 14.8 million.[8]
Company type | Sociedad Anonima |
---|---|
BMAD: BBVA NYSE: BBVA | |
Industry | Financial services |
Predecessor |
|
Founded | Bilbao, Spain 1857 |
Headquarters | , |
Key people | Carlos Torres Vila (Group Executive Chairman) Onur Genc (CEO) |
Services | Banking, insurance, asset management |
Revenue | €23.680 billion (2015)[1] |
€6.81 billion (2015)[2] | |
€2.642 billion (2015)[1] | |
Total assets | €750.07 billion (2015)[3] |
Total equity | €55.43 billion (2015)[3] |
Number of employees | 137,968 (2015)[4] |
Website | www |
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