Created before Nov 2016
Last update: 2018-05-08 15:59:30
Share this page:
Banco Bilbao Vizcaya Argentaria (BBVA), is a multinational Spanish banking group. It was formed in 1999 from a merger of Banco Bilbao Vizcaya and Argentaria. It provides financial services in over 31 countries and to 51 million customers throughout the world. The group has a leading position in the Spanish market, where it began operating over 150 years ago. It also has franchises in South America, where it is the main financial institution in Mexico. It is one of the 15 biggest banks in the United States, where it has a franchise in the Sunbelt region. BBVA employs near 109,000 people worldwide and has about a million shareholders. In March 2017 BBVA acquired a 50% ownership of Garantibank, Turkey.
Plaza San Nicolás, 4
Mr. Francisco González |
|Annual report||Annual integrated report 2017|
listed on Bolsa de Madrid, Bolsa Mexicana de Valores & NYSE Euronext
Publicly listed company. BBVA's share holder structure can be viewed here.
Related Dodgy Deals
Projects - active profiles
Atlantic Coast Pipeline United States profile
Dakota Access Pipeline United States profile
Trans Mountain Pipeline Expansion project (TMEP) Canada profile
Projects - on record profiles
Camisea pipeline project Peru profile
Ilisu dam Turkey profile
Mountain top removal coal mining United States profile
Offshore Detention Centres Australia profile
SOCAR Aegean Refinery Turkey profile
Companies - active profiles
Drummond United States profile
Kinder Morgan United States profile
Companies - on record profiles
Anglo American United Kingdom profile
Arch Coal United States profile
Areva France profile
BHP Billiton Australia profile
EDF France profile
Eletrobras Brazil profile
ENGIE France profile
Glencore Switzerland profile
Rio Tinto Australia profile
RWE Germany profile
Vale Brazil profile
Dodgy Deals map
BBVA to mobilize €100 billion by 2025 to fight climate change and drive sustainable development
28 major banks warned not to finance Trans Mountain pipeline expansion
Energy Transfer: Which banks continue to support the company behind DAPL?
Leading banks under fire for misrepresenting human rights responsibilities
New BankTrack Human Rights Impact Briefing: Drummond and paramilitary violence in Colombia
Banks not yet living up to UN human rights principles, finds BankTrack
Banks and human rights: Assessing strengths and weaknesses of the Thun Group’s approach
BankTrack welcomes Thun Group paper on banks and human rights
While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning
BankTrack to Equator Principles banks; ‘get the Outside Job done’
Cluster bombs manufactured in Spain in 2007 and used by Gaddafi to bomb Misrata were financed by Spanish banks
BBVA is the leading Spanish bank in financing controversial arms producers
BNP Paribas releases new policy on nuclear financing
New rules for Equator Principles, but no new commitments from banks
Los bancos puntúan bajo en sostenibilidad, transparencia y responsabilidad
BankTrack calls upon banks to Close the Gap on investment policies
Equator Principles: Action, not words needed
Civil society groups call for bold steps forward with Equator Principles
Top financial institutions still invest US$20 billion in cluster bombs
BankTrack members unveil bank secrets
New Report: European banks financing damaging agrofuels in Latin America
How banks contribute to human rights violations: responses to the Business & Human Rights Resource Centre
Letter from RAN and 13 others to 14 banks that underwrote Kinder Morgan Canada IPO on warning to finance the IPO
Letter from BankTrack to Thun Group on concerns regarding Thun Group discussion paper on human rights
Comments on Thun Group of Banks Discussion Paper
Letter from BankTrack and others to Thun Group of Banks on Significant Concerns Regarding Thun Group Discussion Paper
Banking with Principles? Second Edition June 2016
Banking with Principles?
Statement by the Thun Group of Banks
Close the Gap
Voluntary initiativesBBVA has committed itself to the following voluntary standards:
BBVA's webpage on corporate social responsibility can be accessed here.
BBVA and the Equator Principles
The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.
The Equator Principles exist already since 2003. BBVA adopted the Equator Principles in 2004.
Reporting on the Equator Principles
BBVA must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
BBVA is involved in financing the following Equator Principles projects that BankTrack considers controversial.
True leader Front runner Follower Laggard
BankTrack has assessed BBVA on its implementation of the UN Guiding Principles on Business and Human Rights in June 2016. BBVA is assessed as a Follower, with a total score of 3.5/12.
Implementation and reporting
BBVA is reporting on the implementation here.