BBVA México showcased its multi-billion dollar commitment to sustainable growth and financing during the VI Mexico-European Union Forum, highlighting the bank’s role in advancing Plan Mexico and expanding green finance nationwide.
Speaking at the session “New Instruments to Increase Financing Capacity: Sustainable Finance,” Javier Rodríguez Soler, BBVA’s Global Head of Sustainability and Corporate & Investment Banking, emphasized the need for public–private collaboration to build a more sustainable and inclusive economy.
Rodríguez Soler described Plan Mexico as “a call to action to all companies to build truly shared prosperity.” He said the initiative takes an integrated approach to regional development, local production, infrastructure, SME support, education, research, and sustainability. “BBVA has always been committed to the country’s development and will be a partner for the full deployment of Plan Mexico,” he added.
A key objective of the plan is to expand financing for small and medium-sized enterprises (SMEs). BBVA México is leveraging technology and digitalization to move beyond traditional credit and promote greater inclusion. Current initiatives include:
- Banco de Barrio, which added 330,000 new point-of-sale terminals over the past year;
- Zona de Cobro, a mobile-based POS system for micro-merchants to reduce lost sales and build transaction records; and
- Avanzamos por México, a tourism initiative fostering digital and financial inclusion in local communities.
Sustainability remains central to BBVA’s business model. Globally, the bank aims to mobilize €700 billion (US$815 billion) in sustainable financing between 2025 and 2029 and reach its 2030 decarbonization targets for high-emission sectors. In Mexico alone, BBVA has mobilized MX$222 billion (US$12 billion) in sustainable finance as of June 2025—73% directed to climate action and 27% to inclusive growth.
Rodríguez Soler also noted that BBVA México is a leader in sustainable bond issuance, having raised MX$51.5 billion in the first half of 2025 to fund environmentally and socially positive projects. “At BBVA, we are convinced that we are not just a bank, but an agent of change,” he concluded.
Source: https://mexicobusiness.news/
