BBVA and Olea join forces to boost global supply chain financing

 

BBVA Corporate & Investment Banking has sealed a strategic alliance with Olea, a leading digital platform for financing and risk management in the international tradeThis agreement will allow BBVA to significantly expand its global supply chain finance offering, or 'supply chain finance' (SCF), providing more agile and comprehensive solutions for companies operating globally.

 

Collaboration with Olea expands the scope of solutions BBVA SCF, which are currently offered in Europe, United States and Latin America, on a global scale. This will allow the bank to offer its business clients flexible tools tailored to the specifics of each operation and market, thereby optimizing their supply chains in an increasingly challenging global environment.

Integrated and Tailor-Made Solutions

 

The alliance contemplates deep operational integration, with direct coordination between the commercial teams of BBVA and Olea. This joint model will focus on the main commercial brokers and will utilize real-time data for more accurate risk assessment. This analytical and execution capability addresses companies' need for agility, multi-currency coverage, and easy-to-implement financing models, without sacrificing the necessary sophistication and control.

 

Pep Ferrís, head of BBVA CIB in Asia, highlighted the bank's commitment to its global clients in Asia, a crucial market for internationalization and the transformation of supply chains. "Integrating solutions like Olea's allows us to respond with greater agility, proximity, and execution capacity to our clients' challenges," Ferrís stated.

Resilience and Access to Credit in a Complex Environment

 

Eve RubioRubio, head of Global Transaction Banking at BBVA, noted that in an environment marked by geopolitical uncertainty, supply chain finance has become a key tool for improving the resilience and competitiveness of companies. "With this alliance, we are expanding our capacity to support our global clients with innovative and comprehensive solutions, prepared to meet the challenges of international trade with a special focus on flows with Asia," Rubio added.

 

For its part, Amelia Ng, CEO of OleaNg emphasized that the alliance goes beyond simply expanding access to financing. "It's about building a clear and scalable pathway between global buyers and their supply chains. Together with BBVA, we are driving a more inclusive, sustainable, and connected trading ecosystem," Ng explained.

Technology and Inclusive Financing for Medium-Sized Suppliers

 

The joint proposal also addresses a historical challenge of international trade: Access to credit for medium-sized suppliers outside their local market. Olea centralizes financing, regulatory compliance, and credit risk assessment functions in a single platform. This allows BBVA to offer a more inclusive, secure, and efficient solution for all stages of the supply chain.

 

With a presence in more than 70 commercial corridors and a particular focus on emerging marketsOlea connects global liquidity with business opportunities through digital solutions that simplify international financing.

Commitment to the Transformation of Global Trade

 

Thanks to this alliance, BBVA strengthens its position as a strategic partner for companies operating in complex environments and seeking tailored solutions to boost their international development. The joint proposal offers real-time data-driven risk assessment, greater operational agility that reduces lead times from weeks to days, and expanded access to a validated network of suppliers worldwide.