Tag Archives: BBVA

[ad_2][ad_1] BBVA and Porsche Holding Salzburg have closed the "first" acquisition term loan using blockchain technology. € 150 million term loan backing acquisitions in the retail distribution network in Europe and Asia. Geared up for € 150 million term loan BBVA says: "This is not only the first acquisition of …

[ad_2][ad_1] Banco Santander and BBVA joined E.U. International Association for Reliable Blockchain Applications (IATBA), as reported by the Spanish business newspaper "Expansion". The news comes after the banks were invited to attend a meeting focused on blockchain in Belgium, which was hosted by Mariya Gabriel, who is the commissioner for …

[ad_2][ad_1] The banking groups BBVA and Banco Santander joined E.U. International Association for Trusted Blockchain Applications (IATBA), the Spanish economic daily Expansion writes on November 20th. Representatives from two Spanish banking groups were invited to an E.U. round table blockchain held in Brussels by Mariya Gabriel, commissioner for the economy …

[ad_2][ad_1] BBVA says he recently completed the first syndicated loan on a distributed ledger. Could this pilot look at the syndicated loan of the future? The borrower, Red Electrica, is an energy distribution company based in Spain. The company required $ 150 million for unspecified "general business purposes". BBVA participated …

[ad_2][ad_1] BBVA and Red Eléctrica, of Spain, participated in a syndicated loan using blockchain. The € 150 million agreement – granted by BBVA, BNP Paribas and MUFG – was delivered in record time (according to BBVA) using BBVA's proprietary distributed ledger technology (DLT) platform. According to Teresa Quirós, financial director …

[ad_1] The Spanish bank BBVA has officially issued a loan through the Ethereum blockchain. As reported by Finance Magnates, BBVA, the second Spanish bank, is working on a pilot program that will issue loans using Ethereum (ETH). In the recently issued loan, the Spanish national electricity company, Red Electrica, received …

[ad_1] The transaction brought together several large banks and is the second major BBVA blockchain loan project this year. One of the largest Spanish banks, Banco Bilbao Vizcaya Argentaria (BBVA), announced today, November 7, the completion of what it says is the first "blockchain syndicated loan agreement". Although the announcement …

[ad_1] The Spanish banking giant BBVA has completed a pilot project that has granted a $ 150 million syndicated loan to the blockchain. According to a report by the Financial Times on Wednesday, the bank has arranged the loan for Red Electrica, the national grid operator in Spain. A syndicated …