Global Finance names BBVA as World's Best Corporate Bank 2024 (2024)

The Iberian Peninsula is on the cutting edge of Europe’s cleantech revolution. It is believed that the industry will create some 2.65 million new jobs and mobilize €150 billion in investment across the region by 2030. These impressive figures are revealed in a new report headed up by BBVA and Cleantech for Iberia, a coalition set up to drive the potential of Spain and Portugal as a clean energy hub in the European Union.

BBVA's banking services and corporate client relationship model have garnered top recognition from Global Finance this year, following previous wins in 2019, 2021 and 2023. Through these services, the bank offers companies solutions that help boost sales, reduce costs, manage financial risks, and strengthen relationships with various stakeholders.

Winners of the ‘World’s Best Bank Awards’ were selected based on performance over the past year and other criteria including reputation and management excellence. Global Finance’s editorial board made the selections with input from corporate financial executives, analysts and bankers throughout the world. “For over thirty years, corporate and banking leaders have turned to Global Finance’s Best bank awards to identify financial partners who not only excel in their offerings but also adapt and innovate in an ever-evolving market,” stated Joseph D. Giarraputo, founder and editorial director of Global Finance.

Unique value proposition

BBVA, through its corporate banking specialists and BBVA Corporate & Investment Banking (CIB), helps institutions and companies optimize their investment, trading, financing, and operational transactions. Clients can choose from a wide range of value-added financial products and solutions. Additionally, they have access to specialized advisory services to achieve their business, transformation, and sustainability goals, in line with their strategic plans.

BBVA serves clients in 24 countries around the world, with an extensive network of financial experts, investment banking specialists and advisors in specific industries and sectors. BBVA’s purpose is focused on customers' real needs: to provide the best solutions and help them to make the best financial decisions, through an easy and convenient experience.

More accolades for BBVA

In early 2024, Global Finance recognized BBVA in the 'Sustainable Finance Awards 2024' as the best bank for sustainable financing in Spain and awarded it the prize for best bank for green bonds in Latin America. BBVA also secured two 'The Innovators' awards from Global Finance for its crypto asset service in Switzerland and an innovative machine learning process related to debt management. And BBVA IA Factory, the advanced analytics and artificial intelligence hub, received recognition for the third time from the same publication as one of the leading financial innovation labs in the world.

More recently, the Group was recognized as the best bank in Latin America by Euromoney magazine, as well as the best bank in Mexico and Colombia and the best bank for SMEs in Peru.

Global Finance magazine, which specializes in financial markets and investment banking, has provided a compass for corporate leaders, bankers and investors since 1987. Its annual awards recognize excellence and have become a standard of quality and trust.

The 2024 awards ceremony will take place on October 26 in Washington, DC, coinciding with the annual meetings of the World Bank and the IMF, held at the National Press Club in the U.S. capital.

Global Finance names BBVA as World's Best Corporate Bank 2024 (2024)

FAQs

Which is the best corporate bank in global finance? ›

The financial magazine honored BBVA for the fourth time and second consecutive year with the top corporate banking award in its 'World's Best Bank Awards' for 2024, which set the standard for excellence in the financial sector.

Which is the best private bank in the world by global finance? ›

Which is the best private bank in the world?
  • Based on 2024 Global Finance Awards: 1st Place: J.P. Morgan Private Bank. 2nd Place: UBS Global Wealth Management. 3rd Place: Julius Baer.
  • Based on 2023 Euromoney Awards: 1st Place: J.P. Morgan Private Bank.
Jul 9, 2024

Which is the best investment bank in Global Finance magazine? ›

From Bad To Worse
Country, Territory and District Winners
UAEEmirates NBD Capital
NORTH AMERICA
CanadaCIBC
United StatesJ.P. Morgan
69 more rows
Apr 2, 2024

What is the Global Finance Award for Bank of America? ›

Global Finance awarded Bank of America as the global winner of Best Equity Bank and Best Debt Bank, as part of the 2024 World's Best Investment Banks Awards.

What are the top 3 World bank? ›

The five largest banks by market capitalization are JPMorgan Chase, Bank of America, Industrial and Commercial Bank of China, Wells Fargo, and China Construction Bank.

Is BBVA an investment bank? ›

Corporate & Investment Banking (CIB or BBVA CIB) includes the Group's wholesale businesses, i.e. investment banking, global markets, global loans and transactional services for international corporate customers and institutional investors across its global footprint.

Who is the best banker in Global Finance magazine? ›

RBI Governor Shaktikanta Das rated “A+” in Global Finance Central Banker Report Cards 2023 Reserve Bank of India Governor Shaktikanta Das has been ranked as the top central banker globally by US-based Global Finance magazine. Das has been rated 'A+' in the Global Finance Central Banker Report Cards 2023.

Is Global Finance magazine legit? ›

They are backed by a 37-year history of editorial accuracy and integrity. Global Finance's corporate and financial audience relies on these awards because they are credible, reliable and have stood the test of time.

What is the safest bank in the world? ›

World's 50 Safest Banks|2023
  1. KfW Bankengruppe. ...
  2. Züricher Kantonalbank. ...
  3. BNG. ...
  4. Landwirtschaftlichte Rentenbank. ...
  5. NWB Bank. ...
  6. Landeskreditbank Baden-Württemberg - Förderbank. ...
  7. KBN. ...
  8. NRW.Bank.

What is the strongest Bank in the United States? ›

1. JPMorgan Chase – $3.5 trillion. Columbus, Ohio-based JPMorgan Chase is the largest US bank with total assets of $3.503 trillion. Some $2.684 trillion are domestic assets, accounting for 77% of its total assets.

What is the number one Bank in the world? ›

Industrial and Commercial Bank of China

Which is the best Bank in Canada by Global Finance magazine in 2024? ›

Scotiabank has been acclaimed as the 2024 Best Bank in Canada by Global Finance magazine, a recognition that celebrates financial institutions for their comprehensive service range, enduring reliability, and technological innovation.

Which is the best bank in Global Finance magazine? ›

J.P. Morgan Private Bank

A multiyear Global Finance award winner, J.P. Morgan, with client assets of $2.1 trillion, again takes the title of World's Best Private Bank.

Which Big 4 is best for corporate finance? ›

The "Big 4" refers to the four largest accounting firms and includes Deloitte, PwC, KPMG, and EY. All four companies provide audit, assurance, consulting, financial advisory, risk management, and tax compliance services. Deloitte. "Deloitte Ranked 6th on World's Best Workplaces 2023."

Which trade finance bank is best Global Finance? ›

Global Finance Awards BNY Mellon Best Bank for Trade Finance 2024.

Which is the best bank for corporate responsibility in the world? ›

The world's best bank for corporate responsibility 2023: DBS | Euromoney.

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