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Investing.com -- BBVA (BME:BBVA) SA is planning to expand its presence in Abu Dhabi by upgrading its current representative office to a full banking branch for its corporate and investment banking division.
The Spanish lender, which is the second-largest bank in Spain, aims to grow its corporate and investment banking operations in the region, according to Bloomberg, citing people familiar with the plans.
This expansion follows BBVA’s recent hiring efforts to strengthen its corporate and investment banking business in both the United States and the United Kingdom (TADAWUL:4280). Earlier in 2025, the bank also enhanced this division by incorporating technology-focused businesses from other parts of the organization.
The move into Abu Dhabi represents BBVA’s continued strategy to expand its global banking footprint and increase its presence in key financial markets.
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