#BBVA

Spain’s BBVA Bank Issues $40 Million Blockchain-Supported Structured Green Bond

February 22, 2019 by Tom Nyarunda at Adoption, Blockchain, Business, Finance, News

Banco Bilbao Vizcaya Argentaria (BBVA), Spain’s second-largest bank, has completed the first "structured green bond using blockchain technology to negotiate the terms and conditions." The deal was conducted with Spanish insurance house MAPFRE. As per the press release, February 19, 2019, MAPFRE will invest USD 40 million to fund sustainable...

BBVA Completes $150 Million Syndicated Loan on Ethereum Blockchain

November 8, 2018 by Aisshwarya Tiwari at Altcoins, Blockchain, Business, Ethereum, Exchange, Finance, News, Platform, Tech

One of Spain's leading banks, Banco Bilbao Vizcaya Argentaria (BBVA), has successfully signed off the terms of a $150 million syndicated loan with the help of blockchain technology, reports Finextra, November 7, 2018. Multi-million Loan carried over a Private Blockchain Notably, the syndicated loan transaction was carried out over a...

Available Now: Ethereum Smart Contracts on the Hyperledger Fabric

October 30, 2018 by Shaurya Malwa at Blockchain, Ethereum, Finance, News, Platform, Tech

Open-source proprietary protocol Hyperlegder, a highly-scalable blockchain solution that provides interoperability across a diverse set of enterprise blockchains, now supports the Ethereum Virtual Machine, as stated on a press release on October 26, 2018. Ethereum Transactions on Hyperlegder Hosted by the Linux Foundation, Hyperlegder is a business-focused, permissioned blockchain that...

Banks Have Officially Lost to Crypto Says Former JPMorgan and BBVA Executive

July 19, 2018 by Joseph Young at Altcoins, Bitcoin, Blockchain, Business, Finance, News

Salvador Casquero, former JPMorgan Head of Scandinavian Interest Rates Trading and Head of FX Sales at BBVA, two of the largest banks in the world, has said that banks have officially lost the race of finance to crypto and rapidly emerging fintech companies. Fintech Takes Over Banks For decades, banks...

BBVA Invests US$67 Million In UK Mobile-Only Atom Bank

November 27, 2015 by Diana Ngo at Finance, News

Atom, the UK's first digital bank, has closed a £85 million (US$128 million) funding round led by BBVA, Spain's largest financial institution. BBVA has agreed to invest £45 million (US$67 million) for 29.5% stake in Atom, which is set to launch in early 2016. "We have long admired BBVA’s vision...