Banco Bilbao Vizcaya Argentaria, S.A., better known by its initialism BBVA, is a Spanish multinational financial services company based in Bilbao, with operative offices in Madrid. It is one of the largest financial institutions in the world, and is present mainly in Spain, Portugal, Mexico, South America, Turkey, Italy and Romania. The bank was founded as Banco de Bilbao, on 28 May 1857, in Bilbao. BBVA's operational headquarters are located in Madrid, in the Ciudad BBVA complex. It is Spain's second-largest bank after Banco Santander. It is listed on the Madrid Stock Exchange, the New York Stock Exchange and on the Mexican Stock Exchange. It is also a part of the IBEX 35 as well as the Dow Jones EURO STOXX 50. As of 31 December 2023, BBVA's assets amounted to around €775 billion, making it the second-largest Spanish financial institution by volume of assets. At that same date, it had 5,949 offices, 121,488 employees and 71.5 million customers, and was present in more than 30 countries. On 2 April 2018, it was ranked the 42nd largest bank in the world by total assets. In 2022 BBVA was recognized as the country's overall best-performing bank by The Banker. Wikipedia