# BBVA 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...

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...

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...

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...

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...