BBVA’s Soler on why size matters for the energy transition

Javier Rodríguez Soler, BBVA’s global head of sustainability and corporate and investment banking, says an acquisition of Banco Sabadell would boost his division’s international standing. But BBVA is already eyeing a leading role in banking decarbonisation around the world, especially in the US. Partnerships with private equity companies, and investments in cleantech funds, are among the ways it is pursuing that goal.

It is rare, even unique, for a bank’s global head of sustainability to simultaneously act as its head of corporate and investment banking (CIB). In an interview with Euromoney, BBVA’s Javier Rodríguez Soler explains why it makes sense.

Sustainable finance is the prime area in which the firm is seeking to compete in CIB, especially outside Spain and Latin America, where it owns retail banks. That marks out the firm from some of its European peers, including Banco Santander, which are competing in a broader range of business in the US, for example.

Thanks for your interest in Euromoney!
To unlock this article: