BBVA

BBVA, abbreviation of Banco Bilbao Vizcaya Argentaria, Spanish financial group with its strength lying in the traditional business of retail banking, asset management, insurance, private banking, and wholesale banking. Headquarters are in Madrid. BBVA has investments in Spanish industrial companies, especially energy companies. In addition to its operations in Spain, BBVA has a strong international presence—for example, in Latin America. In the early 21st century BBVA continued its global expansion, engaging in a series of acquisitions, particularly in the United States and Asia. It subsequently began integrating its retail banks under the BBVA brand to present a uniform image and customer experience.