January - June 2012
Highlights
- BBVA attained authorization from the United Arab Emirates Central Bank to open a representative office in Abu Dhabi where it will serve large corporate and institutional clients. This office is BBVA’s entry into the Middle East and will provide support mainly to global businesses.
- The Group transformed the representative office it has had in Taiwan since 2006 into a commercial branch. This country is considered as one of the most important markets and a key springboard for BBVA’s expansion plans in Asia.