The bank has highlighted the "relevance" of the franchises it has in the region, as well as its presence in the United States.

BBVA plans to expand its teams in Brazil and Chile, as well as boost its structured financial transactions business to strengthen its wholesale banking business in Latin America, as indicated in a statement.

The bank has highlighted the "relevance" of the franchises it has in the region, as well as its presence in the United States, a market that is "fundamental" to complement the presence in emerging markets. The wholesale business achieved double-digit growth in 2023 in the Latin American region.

BBVA is also expanding its product offering on a global scale to meet the needs of institutional clients, incorporating specialized local and global bankers, to be the "reference bank" for institutions in its main geographies and in international commodity markets. .

"BBVA has a very relevant presence in Latin America and, in this context, is in a unique position to help companies make the most of international trade corridors, specifically towards Asia and Europe, thanks to its expert teams, its reach commercial and its ambition to continue being the best partner to boost clients' cross-border business", stated the head of Sustainability and Investment Banking at BBVA, Javer Rodríguez Soler.

The banker highlighted during his speech at a conference for institutional investors that the bank held in New York that the region has positive structural factors such as the absence of financial bubbles and the possibility of taking advantage of geopolitical changes and changes in supply chains.