BBVA rises to the Top 10 in International Trade Financing according to Euromoney

 

BBVA CIB has achieved a significant milestone by ranking seventh in the world ranking of the best entities in international trade finance, according to the recent survey of EuromoneyThis recognition places BBVA among the top ten banks globally, highlighting its quality of customer service, its focus on sustainability and its ability to navigate the complex current environment of international trade.

 

Euromoney, one of the world's most respected financial analysis firms, conducts the annual Euromoney Trade Finance survey, which assesses the performance of leading banks in the international trade sector. In the latest edition, more than 13,000 treasury managers from over 100 countries participated in the survey, evaluating the institutions based on 24 criteria ranging from customer service to product offerings and technological capabilities.

 

"This success reflects the efforts made in recent years to become a partner of choice for our clients," he stated. Patxi Fernandez de TroconizResponsible for Global Trade & International Banking at BBVA CIB. "It is based on three fundamental pillars: the strengthening of teams and product capabilities, especially in our centers of New York and the United Kingdom; expansion into new geographies such as Brazil and sustainability as a key lever of our commercial offering."

 

In a global environment marked by geopolitical uncertainty, BBVA CIB stands out for its ability to offer comprehensive solutions in legal, logistical, and financial matters. “At BBVA CIB, we distinguish ourselves through our adaptability, combining solid global experience with a deep understanding of local dynamics,” explained Fernández de Trocóniz. “This allows us to offer specialized solutions that facilitate strategic decision-making, especially in such a rapidly changing geopolitical environment that demands a swift and flexible response.”

 

Technological innovation is another fundamental pillar of BBVA's strategy in international trade. Aware of the need to digitalize a traditionally complex sector, BBVA is betting on technology to simplify processes, reduce bureaucracy and improve efficiency. Collaboration with other players in the ecosystem, such as companies, governments and technology providers, is essential to drive the digital transformation of the sector.

 

"Likewise, tools such as Artificial Intelligence (AI) will undoubtedly be an essential aid in streamlining transaction processing without compromising the rigor of its implementation," he emphasized. Patxi Fernandez de Troconiz.

 

Furthermore, BBVA has integrated sustainability into its international trade finance strategy. sustainability “It is both a responsibility and an opportunity for banks,” Fernández de Trocóniz emphasized. “Our purpose is to offer innovative solutions to finance our clients’ transition to responsible models that generate a positive impact on the planet and society, building the future of global trade together.”