BBVA to invest $5.2 billion in Mexico through 2030
Published by Global Banking & Finance Review®
Posted on May 28, 2025
1 min readLast updated: January 23, 2026
Published by Global Banking & Finance Review®
Posted on May 28, 2025
1 min readLast updated: January 23, 2026
BBVA announces a $5.2 billion investment in Mexico by 2030, aiming to strengthen its corporate banking and enhance customer service.
MEXICO CITY (Reuters) -Spanish bank BBVA plans to invest more than 100 billion pesos ($5.19 billion) in Mexico through 2030, it said in a statement on Tuesday.
The investment is part of BBVA's long-term bet on the Latin American nation, the firm added.
"The 100 billion pesos that we are announcing is not only an investment," BBVA chair Carlos Torres Vila said in the announcement. "It's a commitment to the more than 30 million customers we serve in the country."
BBVA added that it was looking to further strengthen its corporate banking presence in the nation and boost customer service.
($1 = 19.2575 Mexican pesos)
(Reporting by Kylie Madry; Editing by Sarah Morland)
BBVA plans to invest more than 100 billion pesos, which is approximately $5.19 billion, in Mexico through 2030.
The investment is part of BBVA's long-term commitment to strengthen its corporate banking presence and improve customer service in Mexico.
Carlos Torres Vila is the chair of BBVA, and he emphasized the investment as a commitment to the over 30 million customers they serve in Mexico.
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