Information on the Corporate Governance System

BBVA has a solid and effective Corporate Governance System, which is constantly evolving to adapt to the Bank’s strategy and to its particular circumstances and needs, always in line with the Corporate Culture and Values that define BBVA’s identity.

This System is geared towards promoting BBVA’s objectives and the long-term interests and has taken shape over time on the basis of the following pillars:

  • 1. An appropriate composition of the governing bodies
  • 2. A clear distribution of functions and interaction among them and with Management
  • 3. A sound decision-making process and a robust informational model
  • 4. A comprehensive monitoring, oversight and control system
  • 5. A well-integrated parent-subsidiary relationship model that allows for a coherent internal governance at Group level

Section 7 of this Report contains the information on Corporate Governance that should be disclosed according to EBA implementing technical standards (EBA/ITS/2020/04).