HOUSTON, April 21, 2014 /PRNewswire/ -- BBVA Compass' loan production office in Miami received the 12th annual Beacon Council Award for International Banking and Finance earlier this month.
The Beacon Council, Miami-Dade County's economic development partnership, honored 20 community leaders and businesses that have led the way in creating jobs and community investment, and providing leadership to grow their industry. The businesses honored at the annual event represented a variety of industries, including aviation, life sciences and health care.
The award comes two years after BBVA Compass, the U.S. subsidiary of global financial services firm BBVA, opened its South Florida office and grew from just 15 employees in 2012 to 34 today. The location taps BBVA's global synergies, including its leading position in Mexico and sizeable presence in Latin America.
"Our Miami team and advisory board have worked hard to develop our presence in the Miami market, which helped BBVA Compass win this coveted award," said Roberto Munoz, the bank's South Florida market president. "Miami is a hotbed of financial activity and the expertise we have as part of the BBVA Group gives us a definitive advantage in meeting the needs of our international clients."
The bank provides commercial, wealth management and international wealth management products and services from its Miami offices at 1450 Brickell Ave.
About BBVA Group
BBVA Compass is a subsidiary of BBVA Compass Bancshares Inc., a wholly owned subsidiary of BBVA (NYSE: BBVA) (MAD: BBVA). BBVA is a customer-centric global financial services group founded in 1857. The Group has a solid position in Spain, is the largest financial institution in Mexico and has leading franchises in South America and the Sunbelt region of the United States. Its diversified business is geared toward high-growth markets and relies on technology as a key sustainable competitive advantage. Corporate responsibility is at the core of its business model. BBVA fosters financial education and inclusion, and supports scientific research and culture. It operates with the highest integrity, a long-term vision and applies best practices. The Group is present in the main sustainability indexes. More information about BBVA Group can be found at www.bbva.com.
About BBVA Compass
BBVA Compass is a Sunbelt-based financial institution that operates 685 branches, including 350 in Texas, 90 in Alabama, 78 in Arizona, 64 in California, 45 in Florida, 38 in Colorado and 20 in New Mexico. BBVA Compass ranks among the top 25 largest U.S. commercial banks based on deposit market share and ranks among the largest banks in Alabama (2nd), Texas (4th) and Arizona (5th). BBVA Compass has been recognized as one of the leading small business lenders by the Small Business Administration and was recently awarded the 2013 Celent Model Bank Award for its new core banking platform. Additional information about BBVA Compass can be found at www.bbvacompass.com, by following @BBVACompassNews on Twitter or visiting newsroom.bbvacompass.com.
BBVA Compass is a trade name of Compass Bank.
SOURCE BBVA Compass