Banking: BBVA remains bullish on regional prospects
Another way that BBVA hopes to stay ahead of its competitors is through its relationship with multilateral agencies. Outside Brazil, it is the bank that uses the most MLA credit lines in the region.
On March 27, BBVA and the Inter-American Investment Corporation signed an agreement. Now the IIC will funnel funding for small and medium-sized enterprises through BBVA as well as offering a range of medium-term and long-term financial products: dollar and local-currency denominated loans, credit lines and guarantees.
“Our business benefits from these lines as we can pass on this liquidity to our clients,” says Rodero.
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