BBVA Plans to Launch Digital Bank in Germany in 2025
Provided by
Dow Jones
By Elena Vardon
Banco Bilbao Vizcaya Argentaria is planning to extend its digital banking proposition to Germany in 2025.
The Spanish lender intends to expand its digital banking presence to other European countries after its successful entry into the Italian market in 2021, which exceeded expectations, BBVA's Spain country manager Peio Belausteguigoitia said at an event on Wednesday.
The bank has half a million new customers in Italy this year, nearing its annual target of 600,000, he said.
Write to Elena Vardon at elena.vardon@wsj.com
(END) Dow Jones Newswires
June 19, 2024 05:22 ET (09:22 GMT)
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