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About
Banco Bilbao Vizcaya Argentaria SA is a diversified international financial group, which engages in the traditional banking businesses of retail banking, asset management, private banking and wholesale banking. It operates through the following segments: Banking Activity in Spain, Real Estate Activity in Spain, Turkey, Rest of Eurasia, Mexico, South America, and United States. The Banking Activity in Spain segment includes the retail network, corporate and business banking, corporate and investment banking, BBVA Seguros and asset management a well as of the portfolios, finance, and structural interest-rate positions of the euro balance sheet. The Real Estate Activity in Spain segment combines loans to real-estate developers and foreclosed real estate assets. The Turkey segment refers to the stake in Garanti. The Rest of Eurasia segment refers to the business carried out in the rest of Europe and Asia such a the retail and wholesale businesses. The Mexico segment include banking and insurance businesses such as retail business through commercial banking, consumer finance and corporate and institutional banking units and wholesale as well. The South America segment is the banking and insurance businesses which carries out in the region. The United States segment refers to the businesses in the country. The company was founded on December 18, 1999 and is headquartered in Madrid, Spain. | |||
Description
Banco Bilbao Vizcaya Argentaria, S.A., together with its subsidiaries, provides retail and wholesale banking, asset management, and private banking services. The company accepts various deposits, such as current and savings accounts, fixed-term deposits, subordinated deposits, and other accounts. Its loan products include mortgage secured loans, other loans secured with security interest, unsecured loans, credit lines, and commercial credits, as well as loans to real-estate developers and foreclosed real estate assets. The company also offers credit cards; and corporate and business banking, corporate and investment banking, insurance, leasing, factoring, securities trading, and pension funds management services. It operates in Spain, the United States, Turkey, Mexico, South America, and Rest of Eurasia. Banco Bilbao Vizcaya Argentaria, S.A. was founded in 1857 and is headquartered in Madrid, Spain. |