Urgent.News

What's breaking now, across thousands of outlets.

Business

BBVA makes the US the market where it lends the most money to large companies

El negocio en el país se dispara un 64% y asciende a 32.500 millones. La división estadounidense adelantó a España en 2025 y ahora supera a Reino Unido y resto de Europa. Leer

Translated from Spanish Read in Spanish

BBVA makes the US the market where it lends the most money to large companies

BBVA's US business has surpassed its Spanish and UK operations, with loan balances reaching €32.5 billion, a 63.9% increase in the first half of the year. The bank's Corporate & Investment Banking (CIB) division has made the US its top priority, and it now accounts for over 21% of BBVA CIB's total loan balances of €153.4 billion.

The US business has overtaken Spain, the UK, and the rest of Europe, with Mexico and Turkey also lagging behind. BBVA CIB's global head, Javier Rodríguez Soler, has stated that the US is a key growth target, and the bank has secured new clients, including Amazon, BlackRock, and General Motors.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at expansion.com →

More in Business

Toyota allots B1.49bn for pickup plant

Toyota Motor Thailand is set to invest 1.49 billion baht to establish Thailand's first production line for fuel cell electric vehicle (FCEV) pickup trucks, marking a significant step in the country's…

More from Monday 19 October →