19 June 2024

BBVA, Best Cash Management Bank in Colombia, Mexico, Peru, Venezuela and Turkey according to Global Finance

BBVA has been honored as the Best Cash Management Bank in Colombia, Mexico, Peru, Venezuela, and Turkey by Global Finance Magazine for 2024. This prestigious recognition underscores BBVA's unwavering commitment to  provide a service of excellence and its ability to structure and deliver best-in-class solutions across the diverse markets in which it operates. 

Despite the challenging environment of the past 12 months, BBVA's distinctive cash management value proposition has set it apart as a leader in the industry in the Global Finance Best Treasury and Cash Management Awards 2024.

BBVA's success in these five key markets is a testament to its innovative approach and relentless pursuit of excellence. By investing in cutting-edge products and maintaining an unwavering focus on superior service, BBVA has consistently exceeded market standards. This achievement highlights the bank's dedication to serving its corporate and institutional clients with tailored solutions that address their unique needs and drive their success.

BBVA's dominance in the cash management sector extends across Latin America, as evidenced by its recognition in four major countries within the region. This accolade further cements BBVA's position as the cash management house of choice in Latin America. The bank's deep understanding of local markets, combined with its global expertise, enables BBVA to provide unparalleled services that empower clients to navigate the complexities of today's financial landscape.

In Turkey, this accolade is a significant endorsement of Garanti BBVA's commitment to providing superior cash management services. Garanti BBVA has consistently demonstrated its ability to leverage innovative solutions to meet the complex needs of its clients, further solidifying its position as a market leader in Turkey.

In an era defined by rapid change and uncertainty, BBVA has demonstrated an exceptional ability to adapt and innovate. Fernando Díaz Hernando, Head of Payment Services and Supply Chain Finance at BBVA, explains: “The bank's comprehensive suite of cash management solutions is designed to meet the evolving needs of clients, providing them with the tools and support necessary to thrive. BBVA's commitment to technological advancement and continuous improvement ensures that clients benefit from the latest industry developments and best practices.”