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Banco Bilbao Vizcaya Argentaria facts for kids

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Banco Bilbao Vizcaya Argentaria, S.A.
Sociedad Anonima
Traded as BMAD: BBVA
NYSEBBVA
Industry Financial services
Predecessor
  • Banco Bilbao Vizcaya, S.A.
  • Argentaria, S.A.
Founded Bilbao, Spain
1857; 164 years ago (1857)
Headquarters ,
Key people
Carlos Torres Vila
(Group Executive Chairman)
Onur Genc
(CEO)
Services Banking, insurance, asset management
Revenue Increase23.680 billion (2015)
Operating income
Increase€6.81 billion (2015)
Increase€2.642 billion (2015)
Total assets Increase€750.07 billion (2015)
Total equity Increase€55.43 billion (2015)
Number of employees
137,968 (2015)

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. The company is a constituent of the IBEX 35 and Euro Stoxx 50 stock market index. 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.

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