Global Finance magazine has chosen BBVA as the best private bank in Latin America in the 'World's Best Private Banks 2017' award edition. Among other aspects, the magazine treasured the Group's 'high technology credentials'.

Global Finance pointed out that even though BBVA does not have the biggest private bank in Latin America, it does have inroads, and a very strong franchise in the region. Among others, it highlighted the strength of the Mexican franchise, BBVA Bancomer, and its optimum positioning in a 'resurgent' Argentina.

'Perhaps BBVA's secret weapon is its broad banking network in the 'Sunbelt' of the United States-through its subsidiary company BBVA Compass-that is increasingly gaining traction in the Latin America', the magazine indicated. 'More than a few families with large assets have a presence on both sides of the border'.

To award the prize to BBVA as the best private bank in Latin America, Global Finance also took into account the 'high technology credentials' that the group has shown this year. It's also noteworthy that BBVA's cell phone app was chosen as the best in the world by the US consultant Forrester. 'That surely will attract new high-asset customers as the Latin American economy recovers', he added.

This year, The Banker magazine of the Financial Times Group recognized BBVA Spain as the best private bank in the world in terms of digital communication, and BBVA Bancomer as the best private bank in Mexico. In addition, World Finance magazine chose BBVA Continental as the best private bank in Peru.

BBVA - Banco Bilbao Vizcaya Argentaria SA published this content on 18 December 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 18 December 2017 17:44:12 UTC.

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