BBVA convierte EEUU en el mercado donde más dinero presta a grandes empresas

BBVA has become the largest market for lending to large companies, with 64% growth and $32.5 billion in activity. The US division is ahead of Spain in 2025, surpassing the UK and the rest of Europe. BBVA now earns more from credit with large US companies than from any other nationality. This growth is due to their growth plan in the US, which started with their investment banking division.

The US is their top priority, and they have surpassed all other markets. The first proof was overtaking Spain in the volume of loans given by the Corporate & Investment Banking (CIB) unit last year. The second was surpassing joint activities in the UK and the rest of Europe, which they achieved in the first half of the year. Mexico and Turkey have fallen behind.

BBVA CIB lends $32.5 billion to large US companies, after growing 63.9% from January to June. The US figure is ahead of the UK and the rest of Europe, and ahead of the $26.5 billion concentrated in Spanish corporations, the two biggest markets for investment banking. They have also overtaken the market in Asia, which now surpasses Mexico, their first retail banking market, with $20.4 billion in loans.

In investment banking, Mexico is now fifth in loans to large corporations, as Asia has grown 69.4% in the first half and moved $20.4 billion, compared to Mexico's $19.9 billion. Turkey remains in sixth place with $15 billion. BBVA CIB lends a total of $153.4 billion, with 38.5% growth in the first half, according to the division's accounts.

Over 21% is concentrated in the US. Javier Rodriguez Soler, head of global CIB at BBVA, has placed the US as the priority for growth. Regina Gil, who manages the division in the US, says that two-thirds of the companies in the main US stock index, the S&P 500, are clients of the bank. Lending is just one of their products. BBVA CIB covers all types of financing in the US, from generic to tailored needs.

They also issue bonds, sell derivatives, and offer other coverages, create specific products for company investments, help with treasury and foreign exchange transactions. The income statement of BBVA CIB reflects this. It's the first time the bank breaks down data down to loan level, making it the only part where it reaches this level.

The US contribution to total income and profit is not yet known, but some figures show its progress. It contributed 28% to net profit in the second quarter, ahead of 20% from Mexico, 16% from Spain, and 8% from South America. In 2023, when BBVA appointed Gil to turn the US market into a core piece and Rodriguez Soler added investment banking to his responsibilities, the rest of the regions' contribution was just below 10%.

They believe there's still a lot of room for growth in the US, especially because it's the largest investment banking market in the world, with the largest and most generous companies. Their strategic position for cross-border operations also gives them a strong presence in the US, another central objective for CIB and a rapidly growing business.