BBVA is expanding its range of sustainable products. Starting on December 2nd, the bank will begin selling sustainable financial contracts. BBVA will invest the amount obtained from customers in companies that are considered sustainable based on certain criteria for inclusion, which will determine the green, social or sustainable nature of the investment.
The bank has issued its first sustainable financial contracts designed for individual customers. This structured investment product guarantees the return of 95 percent of the money invested and an 0.80 percent coupon for this amount. The remaining five percent is not guaranteed at maturity – a three-year period – with the possibility of a one percent annual coupon (on the five percent) if a certain condition is met.