BBVA to Invest 100 Billion Pesos in Its Mexican Banking Operations

BBVA to invest 100 billion pesos in its Mexican banking operations

BBVA, the largest financial group in Mexico, has announced a historic investment of 100 billion pesos (US $5.1 billion) for the next six years. The announcement was made by BBVA Mexico’s Vice President and CEO Eduardo Osuna during the bank’s National Meeting of Regional Councillors (RNCR) which brought together businesspeople, clients and investors.  In making the announcement, BBVA executives offered a reason for the investment as ambitious as …

Mexico has structural strengths and competitive advantages that will allow it to succeed in the face of the growing uncertainty that exists in the world, which has the ability to curb investments, said yesterday directors of BBVA, the main financial group operating in the country.

Torres has indicated this during the inauguration of the National Meeting of Regional Councillors 2025 (RNCR) of BBVA Mexico, the main meeting of the financial institution in the country. ...

BBVA President Carlos Torres Vila announced that the Spanish-born financial institution will invest more than 100 billion pesos in the country over the next six years, focusing on further development of technology and physical infrastructure. "We feel this support especially strongly in Mexico. The more than 100 billion pesos we announced are not just an investment, it's a matter of trust, it's a long-term vision. Because when Mexico grows, we a…