Global Trade Finance can be found on the BBVA Pivot website – the bank’s series of solutions to optimise multinational companies’ treasury. Therefore, they can now also incorporate BBVA’s experience and solutions for foreign trade to facilitate their international expansion.

Access to the platform is free and gives users more information regarding the different trade finance solutions that the bank offers – from the simplest products, such as letters of credit and guarantees to more sophisticated products. They can also access BBVA’s different local trade finance websites around the world, which allows them to operate in the main markets where the bank has a presence.

Furthermore, Global Trade Finance has a wide range of specialised content, some of which require users to register. This offer includes sector reports on markets and trade flows, which allow companies to detect possible business opportunities and identify the countries and trade corridors with the greatest potential for their sector.

Global Trade Finance also has macroeconomic data and information related to the economic, political and social situation, as well as the tax system in more than 170 countries; customs rights and import and export flows, in addition to tender databases, importers and exporters, sector associations and international fairs.

Francisco Fernández de Trocóniz, head of global trade & international banking at BBVA CIB said, “Import and export operations entail an additional degree of complexity for companies, and the need to manage different types of risks, both political and commercial.

With Global Trade Finance, we make our range of foreign trade solutions and experience available to them. Therefore, they receive customised support and highly specialised information that help them to manage this complexity when boosting their international growth.”

BBVA’s foreign trade capabilities and services were recently recognised by the Global Finance publication at its Best Trade Finance Awards 2023, where BBVA was named the best foreign trade bank in Latin America, Uruguay, Spain and Turkey. 

The volume of transactions, global coverage, quality of customer service and use of innovative technology are among the distinguishing elements that were valued the highest by these awards.