BBVA places Brazil at the center of its transactional growth in the region

Erika Claro Glorigiano, Head of GTB Brazil

BBVA has officially launched operations in Brazil, focusing on institutional and corporate clients. In April, it introduced its first products — including ACC, NCE, and FX — and reinforced local client engagement, which is already reflected in the growth of its New York portfolio. Looking ahead, BBVA aims to expand its presence in Brazil with offerings such as cash management, BRL-denominated loans, local guarantees, and Supply Chain Finance. This marks a significant step in consolidating the bank’s commitment to one of Latin America’s most strategic markets.

BBVA has officially launched operations in Brazil, introducing a value proposition focused on providing close support to institutional and corporate clients, bringing to bear its global expertise and a portfolio of financial products tailored to the needs of the local market. This move reinforces the bank’s commitment to Latin America and represents a strategic milestone in its international expansion journey.

In April of this year, we successfully launched our first products in the country: ACC and NCE (export financing instruments in US dollars), along with spot and forward FX transactions, which are already live and available to clients. Swap operations are expected to follow in December. These solutions allow us to support exporting companies with agile, competitive instruments for international trade.

In parallel, since early 2024 we have intensified our engagement with clients in Brazil, initiating onboarding processes and structuring credit lines that enable us to address their needs in an efficient and bespoke manner. In addition to local lending, clients also benefit from dollar- and euro-denominated transactions via BBVA New York, validating our strategy and confidence in the Brazilian market.

Our long-term vision involves a gradual, well-grounded expansion of our product and service offering in Brazil, with a clear focus on innovation, digitalisation, and a client-centric approach.

Upcoming launches

Over the coming months and throughout 2026, we plan to introduce a comprehensive cash management platform, enabling clients to manage their local treasury operations efficiently while maintaining global connectivity. At the same time, we will roll out BRL-denominated loans, expanding our range of credit solutions tailored to the Brazilian context.

We will also begin offering local guarantees, enhancing our capacity to support clients in complex, structured domestic transactions. Finally, we will introduce Supply Chain Finance, providing working capital solutions that optimise supply chain operations and strengthen our clients’ commercial positioning.

Through these developments, BBVA reaffirms its commitment to Brazil, consolidating its presence in one of Latin America’s most dynamic and strategic markets, and underlining its ambition to be a financial partner of reference for its clients.