BBVA in brief

BBVA is a customer-centric global financial services group founded in 1857. The Group has a strong leadership position in the Spanish market, is the largest financial institution in Mexico, it has leading franchises in South America¹ and Turkey².

BBVA’s purpose is to bring the age of opportunities to everyone, based on the customer’s real needs: provide the best solutions, helping them make the best financial decisions, through an easy and convenient experience. BBVA rests on solid values: Customer comes first, we think big and we are one team.

¹ On January 22, 2021, BBVA announced that the sale of its shareholding stake, direct and indirect, of 100% of the Shareholders' equity of Banco GNB Paraguay, S.A. had been completed after obtaining all required authorizations.

² As of December 31, 2020, the Group also had a presence in the Sunbelt region in the United States. On November 16, 2020, the Group announced that it had reached an agreement with The PNC Financial Services Group, Inc. for the sale part of the business it develops in this country. For more information, see the Group's financial information in this consolidated management report.

The Group’s Organizational Chart

(1) Reporting channel to CEO for Argentina, Colombia, Peru, Venezuela, Uruguay and Paraguay, as well as monitoring of all countries, including Spain, Mexico, USA and Turkey.

(2) The exercise of his duties is subject to his registration with the Bank of Spain’s Senior Managers’ Registry.

(3) Reporting to the Board of Directors.