BBVA presented its 4Q16 corporate presentation which included information on its vision, strategy and financial results. The presentation contained disclaimers about forward-looking statements and the need to consult official regulatory filings for complete information. It provided an overview of BBVA's global presence, history, main figures for 2016, and organizational structure. Vision sections discussed the reshaping of the financial industry driven by new regulations, competitors and technology, as well as BBVA's aspiration to provide the best solutions and experience for customers.
The BBVA Group’s net profit in 2015 came to €2.64 billion, slightly more than the previous year (up 0.9%). Without currency effects net attributable profit was up 4.4%. Excluding corporate operations in 2015, net income from ongoing operations was €3.75 billion, up 43.3% over 2014.
The BBVA Group’s net profit in 2015 came to €2.64 billion, slightly more than the previous year (up 0.9%). Without currency effects net attributable profit was up 4.4%. Excluding corporate operations in 2015, net income from ongoing operations was €3.75 billion, up 43.3% over 2014.
Análisis Comparativo Estrategias de Comunicación Web 2.0 de BBVA y Banco Saba...José María
Este estudio se enmarca en el Trabajo Fin de Máster de Manuela Ortega Calvente, estudiante del Máster en Comunicación en Web 2.0 y Medios Sociales de la Universidad de Alcalá. 30 de junio de 2013.
Payment - Presentation by Niklas Adalberth, Founder & Deputy CEO of Klarna at the NOAH 2014 Conference in London, Old Billingsgate on the 13th of November 2014.
Transforming banking via digital
On July 8th, 2015 in London, Francisco Gonzàles - Chairman and CEO at BBVA shared how they lead their transformation and what digital means to the bank.
Although Brilliant Noise was not involved in this work, we are inspired by their efforts.
Wearables, payments, data, ROI, agility, non-traditional competitors, and more.
The 2015 landscape is heated. Account holders are demanding digital experiences that meet standards set by Amazon, Netflix, and Google. New entrants like Square and Apple are upending the payments industry, and wearables are set to add a new layer of devices to prepare for.
With so many competing priorities, how can your institution determine where to focus its efforts and budget?
View this presentation to learn what industry experts think banks and credit unions should focus on this year.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
3. 3
Disclaimer
This document is only provided for information purposes and does not constitute, nor should it be interpreted as, an offer to sell or exchange or acquire, or an invitation for offers to buy securities issued
by any of the aforementioned companies. Any decision to buy or invest in securities in relation to a specific issue must be made solely and exclusively on the basis of the information set out in the
pertinent prospectus filed by the company in relation to such specific issue. No one who becomes aware of the information contained in this report should regard it as definitive, because it is subject to
changes and modifications.
This document contains or may contain forward looking statements (in the usual meaning and within the meaning of the US Private Securities Litigation Reform Act of 1995) regarding intentions,
expectations or projections of BBVA or of its management on the date thereof, that refer to or incorporate various assumptions and projections, including projections about the future earnings of the
business. The statements contained herein are based on our current projections, but the actual results may be substantially modified in the future by various risks and other factors that may cause the
results or final decisions to differ from such intentions, projections or estimates. These factors include, without limitation, (1) the market situation, macroeconomic factors, regulatory, political or
government guidelines, (2) domestic and international stock market movements, exchange rates and interest rates, (3) competitive pressures, (4) technological changes, (5) alterations in the financial
situation, creditworthiness or solvency of our customers, debtors or counterparts. These factors could cause or result in actual events differing from the information and intentions stated, projected or
forecast in this document or in other past or future documents. BBVA does not undertake to publicly revise the contents of this or any other document, either if the events are not as described herein, or
if such events lead to changes in the information contained in this document.
This document may contain summarized information or information that has not been audited, and its recipients are invited to consult the documentation and public information filed by BBVA with stock
market supervisory bodies, in particular, the prospectuses and periodical information filed with the Spanish Securities Exchange Commission (CNMV) and the Annual Report on Form 20-F and information
on Form 6-K that are filed with the US Securities and Exchange Commission.
Distribution of this document in other jurisdictions may be prohibited, and recipients into whose possession this document comes shall be solely responsible for informing themselves about, and
observing any such restrictions. By accepting this document you agree to be bound by the foregoing restrictions.
4. 4
01 About BBVA
02 Vision and aspiration
03 BBVA transformation journey
04 Results’ highlights
Index
5. 01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
BBVA’s global presence
History of BBVA
Main figures
BBVA share
Organizational chart
Our team
Presence in social media
Social commitment
Awards and recognitions
5
01. About BBVA
6. 01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
6
BBVA’s global presence
€ 732
billion in total
assets
70
million customers
35
countries
8,660
branches
31,120
ATMs
134,792
employees
Note: As of December 2016.
South America
Argentina
Bolivia
Brasil
Chile
Colombia
Paraguay
Peru
Uruguay
Venezuela
North America
USA
Mexico
Europe
Germany
Belgium
Spain
France
Holland
Italy
Luxembourg
Malta
Portugal
U.K.
Romania
Russia
Switzerland
Turkey
Asia - Pacific
Australia
China
UAE
Hong Kong
India
Indonesia
Japan
South Korea
Singapore
Taiwan
BBVA’s global presence
History of BBVA
Main figures
BBVA share
Organizational chart
Our team
Presence in social media
Social commitment
Awards and recognitions
7. 01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
7
More than 150 years of history
BBVA is the result of the merger of two major Spanish banking institutions
1999
Banco Bilbao Vizcaya
Argentaria
Corporación Bancaria
de España
Caja Postal
Bco. Exterior
Bco. Hipotecario
Banco de Bilbao
Banco de Vizcaya
1988 1998
BBVA’s global presence
History of BBVA
Main figures
BBVA share
Organizational chart
Our team
Presence in social media
Social commitment
Awards and recognitions
8. 01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
8
More than 150 years of history
1995 Banco Continental (Peru)
Probursa (Mexico)
1996 Banco Ganadero (Colombia)
Bancos Cremi and Oriente
(Mexico)
Banco Francés (Argentina)
1997 Banco Provincial (Venezuela)
B.C. Argentino (Argentina)
1998 Poncebank (Puerto Rico)
Banco Excel (Brasil)
Banco BHIF (Chile)
1999 Provida (Chile)
Consolidar (Argentina)
2000 Bancomer (Mexico)
2004 Valley Bank (USA)
Laredo (USA)
Bancomer IPO
2005 Granahorrar (Colombia)
Hipotecaria Nacional (Mexico)
2006 Texas Regional Bancshares (USA)
Forum Servicios Financieros (Chile)
State National Bancshares (USA)
CITIC (China)
2007 Compass (USA)
2008 Extended CITIC agreement
2009 Guaranty Bank (USA)
2010 New extension CITIC agreement
Turkiye Garanti Bankasi (Turkey)
2011 Extension of Forum SF agreement
(Chile)
Credit Uruguay (Uruguay)
2012 Sale of Puerto Rico
Unnim Banc (Spain)
2013 Sale of Panamá
Sale of pension business in Latam
Sale of CNCB’s 5.1% (China)
2014 Simple (USA)
2015 Sale of CIFH’s stake to CNCB
(China)
Sale of CNCB’s 4.9% (China)
Catalunya Banc (Spain)
Acquisition of an additional stake in
Turkiye Garanti Bankasi (Turkey)
Acquisition of a 29.5% stake in
Atom (UK)
2016 Holvi (Finland)
Sale of CNCB´s 0.75% (China)
OpenPay (Mexico)
BBVA had significant growth since 1995
BBVA’s global presence
History of BBVA
Main figures
BBVA share
Organizational chart
Our team
Presence in social media
Social commitment
Awards and recognitions
9. 01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
9
12M16 main figures
11,862
Operating income
3,475
Net attributable profit
24,653
Gross income
52,821
Total equity
430,474
Loans and advances to
customers - gross
731,856
Total assets
401,465
Deposits
from customers
6.7%
ROE
0.64%
ROA
51.9%
Efficiency ratio
4.9%
NPL ratio
70%
NPL coverage ratio
12.2%
Phased-in
10.9%
Fully-loaded
Earnings (€m)
Balance sheet (€m)
Efficiency / Profitability Risk management Solvency – CET1 ratioBBVA’s global presence
History of BBVA
Main figures
BBVA share
Organizational chart
Our team
Presence in social media
Social commitment
Awards and recognitions
For more information
click here
10. 01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
10
BBVA share
Listed on the main international
stock markets
BBVA’s capital ownership is well diversified
Shareholder breakdown
Weighting (31-12-2016)
8.7% IBEX 35
1.9% Euro Stoxx 50
9.3% Euro Stoxx Banks
4.4% Stoxx Europe 600 Banks
Figures as of 31th December 2016
Number of shares issued 6,567m
Book value per share 7.22€
Closing price 6.41€
Market capitalization 42,118€m
#shareholders
935,284
LONDON
MADRIDNEW
YORK
Mexico
Peru
BBVA’s global presence
History of BBVA
Main figures
BBVA share
Organizational chart
Our team
Presence in social media
Social commitment
Awards and recognitions
45.4%
54.6%
Banks
1.4%
Institutions
6.3%
Employees
2.6%
Individuals
35.0%
Non-resident
Resident
For more information
click here
11. 01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
11
Organizational chart
Corporate & Investment Banking
Juan Asúa
Country Monitoring1
Jorge Sáenz-Azcúnaga
Talent & Culture
Ricardo Forcano
Engineering
Ricardo Moreno
Finance
Jaime Sáenz de Tejada
Global Risk
Management
Rafael Salinas
Global Economics Regulation
& Public Affairs
José Manuel González-Páramo
Legal & Compliance
Eduardo Arbizu
Strategy & M&A
Javier Rodríguez Soler
Accounting & Supervisors
Ricardo Gómez Barredo
Communications
Paul G. Tobin
General Secretary
Domingo Armengol
Internal Audit
José Luis de los Santos
Customer Solutions2
Derek White
Mexico
Eduardo Osuna
USA
Onur Genç
Spain
Cristina de Parias
Turkey
Fuat Erbil
CEO
Carlos Torres Vila
GROUP EXECUTIVE CHAIRMAN
Francisco González
EXECUTION & PERFORMANCE NEW CORE COMPETENCIES RISK & FINANCE STRATEGY & CONTROL
(1) Reporting channel to CEO for Argentina, Colombia, Chile, Peru, Venezuela, Uruguay and Paraguay, as well as monitoring of all countries,
including Spain, Mexico, Turkey and USA.
(2) Integrates Global Products & Digital Sales; Design & Marketing; Data & Open Innovation; Business Development in Spain, Mexico, Turkey,
USA and South America; Distribution model; Asset Management & Global Wealth and New Digital Businesses.
BBVA’s global presence
History of BBVA
Main figures
BBVA share
Organizational chart
Our team
Presence in social media
Social commitment
Awards and recognitions
12. 01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
12
Our team
We are creating the kind of culture, environment and ways of working
where the customer is at the center of everything we do
The best team
Our people are the cornerstone of our
transformation, helping BBVA deliver the best
customer experience anywhere
Age average:
37 years
46%
Note 1: Figures as of 31st of December 2016.
Note 2: Criteria for number of employees is based on location.
BBVA GROUP:
134,792
employees
USA
10,544
MEXICO
37,378
SPAIN
31,451
TURKEY
22,140
SOUTH
AMERICA
30,543
REST OF
EURASIA
2,736
54%
BBVA’s global presence
History of BBVA
Main figures
BBVA share
Organizational chart
Our team
Presence in social media
Social commitment
Awards and recognitions
A first class workforce
Our most valuable asset is a first class workforce,
inspired by our purpose and working as one team
we defined our purpose as
an organization
we are implementing a new way
of working and collaborating
2016
2017
13. 01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
13
Presence in social media
Number of BBVA’s social media profiles
by country (as of December 2016)
Whoever or wherever they may be, we have a solution and a tailored-channel for all our stakeholders.
Even if they have different interests, everyone shares their relation with BBVA
Note: As of December 2016.
USA
9
Mexico
18
Venezuela
5
Colombia
6
Peru
11
Chile
12
Argentina
7
Paraguay
5
Uruguay
4
Spain
45
Profiles
179
BBVA’s commitment is to be where the people are, to listen and understand their
needs and dreams. This is the reason that makes BBVA a cutting-edge entity in social
media
BBVA’s global presence
History of BBVA
Main figures
BBVA share
Organizational chart
Our team
Presence in social media
Social commitment
Awards and recognitions
Followers in
social media
30,291,286
24,910,362 Facebook (followers)
4,542,877 Twitter (followers)
107,422 YouTube (subscribers)
13,026 Google+ (followers)
394,606 LinkedIn (followers)
322,993 Instagram (followers)
14. 01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
14
Social commitment
Highly committed to the societies
in which we operate
(1) BBVA´s annual budget.
In 2015
103.61 €m
Financial Literacy
Social
Entrepreneurship
Knowledge
Premio Fronteras
del Conocimiento
BBVA’s global presence
History of BBVA
Main figures
BBVA share
Organizational chart
Our team
Presence in social media
Social commitment
Awards and recognitions
For more information
click here
15. 01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
15
Awards and
recognitions
Once more, BBVA’s
differentiated
management has
been recognized
BBVA’s global presence
History of BBVA
Main figures
BBVA share
Organizational chart
Our team
Presence in social media
Social commitment
Awards and recognitions
16. 01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
Vision of the financial industry
Our aspiration
16
02. Vision and aspiration
17. 17
01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
Reshaping of the financial industry
Vision of the financial industry
Our aspiration
Regulatory pressure
and the impact in
profitability
New players are entering
the value chain
Mobile has changed the
distribution model
Banks ROE Evolution1 (%)
15.8%
-3.0%
5.6% 7.0%
2.7%
1.5%
1.7%
4.0%
4.4%
2007
2008
2009
2010
2011
2012
2013
2014
2015
(1) Source: BBVA; Banks in peer group: Santander, Deutsche, Commerzbank, BNPP, SocGen, CASA, Intesa, Unicredit, HSBC, Barclays, Royal Bank of Scotland, Lloyds, UBS y Credit Suisse, Citigroup, Bank of
America, JP Morgan y Wells Fargo.
(2) Juniper Research Future Proofing Digital Banking.
0.1
0.2
0.4
0.6
0.8
1.0
2010 2011 2012 2013 2014 2015
World mobile banking users2
x10in5years
18. 18
01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
Vision of the financial industry
Our aspiration
Banking anytime, anywhere
Permanently connected
Expect proactive and personalized help
in their finance management
Used to digital experiences
Seeking the best experiences for each
of their banking needs
Interaction with multiple
devices and applications
Shifting customers and needs
19. 19
01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
Technology and data as enablers
The client will be the main beneficiary in this new environment
as financial services become democratized
Vision of the financial industry
Our aspiration
More
efficiency
Better
experience
Big Data Blockchain BiometricsArtificial
intelligence
Data
processing
Cloud
20. 20
01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
Our aspiration
Vision of the financial industry
Our aspiration
Providing the best solutions that
generate trust: clear, simple, transparent
and fair conditions
Through an easy and convenient
experience: DIY through digital
channels or human interaction
Helping our customers to make
the best financial decisions
offering relevant advice
Redefining our Value Proposition based on customer experience
and trust
Strengthening
the relationship
with the customer
21. 01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
Our purpose
Strategic priorities
Progressing in our transformation
21
03. BBVA´s Transformation
Journey
22. 22
01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
Our purpose
Strategic priorities
Progressing in our transformation
Aligned with our vision of
the future
Helping customers to achieve
their life goals
Having a true impact on
people´s lives and businesses
Our Purpose
To bring
the age
of opportunity
to everyone
We are BBVA. We create opportunities
23. 23
01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
Our purpose
Strategic priorities
Progressing in our transformation
Strategic Priorities
To help us in this journey, we have defined six strategic priorities
at a Group level
New standard in
customer experience1 Drive digital sales2 New business
models3
Optimize capital
allocation4 Unrivaled efficiency5 A first class
workforce6
24. 24
01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
Our purpose
Strategic priorities
Progressing in our transformation
Progress in our Transformation
BBVA Valora (Spain)
Commerce 360º
(Spain)
Bizum
(Spain)
“Quiero Contratar”
functionality (Spain)
Payroll loans (Mexico)
Easy Payment and
Transfers (USA)
Francés Go
(Argentina)
One Click Loans (Spain,
South America, USA,
Mexico and Turkey)
Personal Financial
Manager (Spain, USA
and Mexico)
My Chat
(Spain)
Products & functionalitiesRelationship Model
Remote Managers
(Spain, Turkey, USA, Mexico and
South America)
Digital Onboarding
(Spain)
STEP: Tablet-Based Relationship
Platform (Turkey)
“Experiencia Única”
(Peru, USA
and Mexico)
2016: New solutions and capabilities in the hands of our customers
25. 25
01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
Our purpose
Strategic priorities
Progressing in our transformation
Our goal is to be leaders in customer satisfaction
across our global footprint
Best customer experience
Geographies where we are leaders
Peer Group: Spain: Santander,CaixaBank, Bankia, Sabadell, Popular// Turkey: AKbank, Isbank , YKB, Deniz, Finanz / / Mexico: Banamex, Santander, Banorte , HSBC/ Argentina: Galicia, HSBC, Santander Río //
Venezuela: Banesco, Mercantil, Venezuela. // Uruguay: ITAU, Santander, Scotiabank. Paraguay: Continental, Itau, Regional.
(1) According to Accenture survey to commercial banking customers in Spain. ex CX. (2) NPS about individual customers (Online Banking), digital individual customers (Mobile App) and mixed individual customers
(in the rest of cases).
Ranking(1)
63% +20 pp1º
1º
NPS(2)
Branches 32% +14 pp
ATMs
Change vs. 2015Channel
1º
Mobile App
39% +10 pp
1ºOnline Bank 43% +2 pp
Spain#1
Rnk
#1
#1
#1
#1
#1
#1
NPS (Net Promoter Score)
Dec16
26. 26
01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
15.4
18.4
Dec.15 Dec.16
Our purpose
Strategic priorities
Progressing in our transformation
Driving Digital Sales
+20%
Digital Customers
(Million, % penetration)
Mobile Customers
(Million, % penetration)
We are promoting our digital offer so that customers
choose the most convenient channel
BBVA Group
+38%
9.0
12.4
Dec.15 Dec.16
8.4
17.1
Dec.15 Dec. 16
6.2
11.9
Dec.15 Dec. 16
SPAIN MEXICO1
9.0
15.2
Dec.15 Dec. 16
SOUTH AMERICA
9.3
19.9
Dec.15 Dec. 16
USA
23.4
26.1
Dec.15 Dec. 16
TURKEY
(% of total sales YtD, # of transactions)
Digital Sales
(1) Figures have been restated due to changes in the inclusion of some products.
19%
Penetration
25%
Penetration
33%
Penetration
38%
Penetration
27. 27
01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
Our purpose
Strategic priorities
Progressing in our transformation
New business models
BBVA Apimarket
(*) DriveMotors, Civi, Hippo, Guideline, Brave and Hixme are investments made by Propel Venture Partners US Fund I, LP, fintech venture capital fund managed independently by
Propel Venture Partners LLC, where BBVA Compass Bancshares Inc. is a Limited Partner.
Open Platform
Enable new developments combining
BBVA’s APIs, client’s technology and other
building blocks
BBVA is driving the
modularization of finance
Leveraging the fintech ecosystem to develop
our value proposition
API Client
BBVA Open API’s
3rd party
API
API ClientAPI Client
3rd party
API
29.5% stake
ACQUISITIONS
INVESTMENTS
(venture capital*)
28. 28
01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
Our purpose
Strategic priorities
Progressing in our transformation
Front-Office / Channels
We have been working on our platforms
Placing technology at the customer’s service
Multichannel Architecture
In 2007 we began our transformation
process
Branch Mobile Web Social network
ATMs Call center BBVA Wallet
Middleware / Services
Back-office o core banking System
Leveraging technology
And we are adapting to the
new paradigms of
development
Platform
as a Service
29. 29
01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
Our purpose
Strategic priorities
Progressing in our transformation
Cultural change
New ways of
working:
Agile, collaborative
tools
Collaborative
culture,
entrepreneurship
(‘trial - error’)
Zero tolerance
against low quality
New headquarters Leaner structures
We are transforming the organization internally
by fostering a new culture
30. 30
01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
Our purpose
Strategic priorities
Progressing in our transformation
At BBVA, we are
accelerating our
transformation
process to
become the best
bank for our
customers
31. 31
4Q16
01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
Highlights
Business areas
04. Results’ highlights
32. 32
01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
4Q16
Highlights
Highlights
Business areas
NET ATTRIBUTABLE PROFIT
12M16
3,475€M
+31.5% 12M15
Ex-corporate operations
-7.4% 12M15
4Q16
678€M
-27.9% vs. 4Q15
+61.2% constant € +6.4%constant € -18.2% constant €
GROSS INCOME
OPERATING INCOME
Ongoing cost control efforts & efficiency improvement
12M16
24,653€M
4T16
6,222€M
12M16
11,862€M
4Q16
2,980€M
+4.1% +14.2%
vs. 12M15 constant €
+1.2% +9.7%
vs. 4Q15 constant €
+4.4% +16.9%
vs. 12M15 constant €
+4.4% +15.5%
vs. 4Q15 constant €
NII positive performance / Positive jaws due to cost control efforts / Sound risk indicators / Strong capital generation
to achieve CET1 FL target
RISKS 4Q16
Risk indicators improvement
SOUND ASSET QUALITY
Cost of risk improvement
CAPITAL
Solid capital ratios
NPL ratio
4.9%
Cost of risk YTD
0.8%
Leverage ratio
6.5%Fully-loaded
CET 1 ratio
10.9%Fully-loaded
Coverage ratio
70%
Financial Assets + RE impairments 4Q16
993M€ 12.2%Fully-loaded
33. 33
01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
4Q16
12M16 highlights
BBVA Group (€M) 12M16
Change
12M16/12M15
% % constant
Net Interest Income 17,059 3.9 14.9
Net Fees and Commissions 4,718 0.3 8.5
Net Trading Income 2,132 6.1 16.2
Other Income & Expenses 744 37.6 36.7
Gross Income 24,653 4.1 14.2
Operating Expenses -12,791 3.9 11.9
Operating Income 11,862 4.4 16.9
Impairment on Financial Assets -3,801 -12.4 -4.6
Provisions and Other Gains -1,669 45.7 52.1
Income Before Tax 6,392 8.7 26.2
NI ex Corporate Operations 4,693 5.7 21.0
Corporate Operations Income 0 n.s. n.s.
Non-controlling Interest -1,218 77.5 98.4
NET ATTRIBUTABLE PROFIT 3,475 31.5 61.2
NET ATTRIBUTABLE PROFIT (ex corporate operations) 3,475 -7.4 6.4
Note: Garanti like-for-like basis considers the additional stake in Garanti accounted by full consolidation method from 01/01/15 vs. 07/01/15 deal closing.
Highlights
Business areas
34. 34
01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
4Q16
Business areas – 12M16 results
Net attributable profit
912 M€
-16.0% vs. 12M15
NPL ratio
5.8%
Coverage ratio
53%
Weaker revenues due to environment
Good evolution in costs and impairments. CX cost synergies initial
impact in 4Q
Impact of mortgages floor clauses
Deleveraging continues due to mortgages and public sector
Improvement in risk indicators
Spain Banking activity
Net attributable profit
-595M€
+20.1%vs. 12M15
Net exposure
-16.8%
vs. Dec.15
RE assets coverage increase (from 59% to 63%)
Significant exposure reduction
Better market dynamics
Net attributable profit
459M€
-11.5% vs. 12M15
NPL ratio
1,5%
Coverage ratio
94%
Good quarterly results supported by NII performance
Impairments better than expected. Better performance of the Oil&Gas
portfolio
Upward QoQ trend
Focus on profitable growth
USA constant €
Spain Real estate activity
Highlights
Business areas
35. 35
01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
4Q16
Business areas – 12M16 results
Net attributable profit1
599M€
+40.5% vs. 12M15
NPL ratio
2.7%
Coverage ratio
124%
NII growth due to price management and activity
2016 costs in line with inflation
Focus on profitable growth, driven mainly by business banking loans
Proven risk management capacity in a complex environment
Turkey constant €
Net attributable profit
1,980M€
+11.0% vs. 12M15
NPL ratio
2.3%
Coverage ratio
127%
Top-line growth translated into double-digit bottom-line in constant euro
terms, in line with expectations
Other income & expenses growth impacted by one-off in insurance business
(+93 €m)
Activity double-digit growth
Asset quality resilience
Mexico constant €
Net attributable profit
771M€
+1.1% vs. 12M15
NPL ratio
2.9%
Coverage ratio
103%
Top-line double digit growth
Cost impacted by inflation (Argentina) and USD denominated expenses
Activity decelerating on the back of a slower macro growth
Slight deterioration in risk indicators due to macro environment
South America constant €
(1) Considering the additional stake in Garanti accounted for using the full consolidation method from 01/01/15 vs. 01/07/15 deal closing.
Highlights
Business areas
36. 36
01 About BBVA
02 Vision and
aspiration
03 BBVA Transformation
Journey
04 Results’ highlights
4Q16
CIB – 12M16 results
Lending (net)
58 €Bn +1.7%
Business activity
(constant €, % YTD)
Customer funds
48 €Bn -8.3%
Gross margin
2,680 M€ +1.6%
Results
(constant €, % YoY)
Net margin
1,660 M€ -1.0%
Net attributable profit
861 M€ -11.9%
2,460 M€ +8%
Client’s revenue
(constant €, % YoY)
Wholesale
banking
recurrent
business1
% of revenues
given by our
relations with
clients
92%
Increase in Lending activity and reduction in Customer Funds, especially in
Europe, due to prices’ management
High recurrence of our client’s revenues
Deterioration of the environment causes a drop in results in line
with the industry
(1) Client’s revenue / Gross margin.
Highlights
Business areas