Banco Bilbao Vizcaya Argentaria, S.A. (NYSE: BBVA) granted a $125.2 million credit facility to Grupo Energía Bogotá (GEB) in Colombia for key energy projects. This transaction solidifies BBVA’s role in financing infrastructure projects and promoting the country’s energy transformation. In 2023, BBVA Colombia granted 3.8 billion COP in sustainable lending, with a focus on climate action and government initiatives. The bank also issued a “biodiversity bond” and converted long-term finance into sustainable loans linked to environmental compliance. BBVA offers retail and corporate banking services globally, with a focus on Europe, Latin America, and the United States.

Read more at Yahoo Finance: Banco Bilbao Vizcaya Argentaria (BBVA) Grants $125M Credit to Colombian Energy Group