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Spain and Portugal

Management priorities for 2010

  • Provide a new boost to growth, with the aim of continuing our increasing share of operating income. This breaks down into:

Growth Plan for customers

with improved positioning in the different segments and without losing the focus on efficiency:

  • Commercial Banking: winning customers and building their loyalty, with a particular focus on providing a quality service and meeting specific requirements in each segment.
  • Corporate and Business Banking (CBB): emphasis on winning new customers and identification of opportunities for profitable growth.
  • Synergy plan between Commercial Banking and CBB.
  • Action plans for groups.

Transformation Plans

  • Distribution, network layout, servicing and remote management model to boost commercial productivity.
  • Operations model that centralizes tasks with lower added-value.

Quality Plan

  • To improve the quality customers perceive when dealing with BBVA. Our value is the sum total of the value of our satisfied customers.

Working Environment Plan

  • “BBVA, the best place to work”. This involves strengthening our commitment to people, boosting their professional careers and taking measures to improve the work/life balance.

Differentiation

Search for continuous differentiation, based on knowledge of customers, segmentation and a new model of relationship.

Tools