Banco Bilbao Vizcaya Argentaria, popularly known as BBVA Bank, is a Spanish multinational finance company headquartered in Madrid, Spain. It is one of the largest financial institutions in the world and has its main branch in Spain. The other components of BBVA Bank are in North America, South America, Turkey, and Romania.
The Foundation of BBVA
The name of Banco de Bilbao founded the BBVA Bank on 28 May 1857. It is the second-largest bank of Spain after Banco Bartender. In the year 2007, the financial firm finally decided to turn the bank into a digital platform. The switch to digital mode saw a 20% increase in the addition of new customers to BBVA. According to the stats of the year 2015, there are almost around 15.6 million clients of BBVA.
As of the year 2018 report, BBVA’s asset amount cost around 675 billion euros, making it the second-largest bank in Spain. It was ranked as 42nd largest bank in the world in terms of the asset.
Services of BBVA Bank
BBVA has a strong online banking service for its customers. People with accounts at BBVA have access to over 64,000 BBVA ATMs and other participating ATMs. It is appealing to customers who are looking for full-fledged online and digital banking services. The bank offers savings accounts, checking accounts, Money market accounts, credit cards, and CDs.