Best Trade Finance Bank In Latin America: BBVA

This year’s recipients—Standard Bank, DBS, Banreservas, Raiffeisen Bank International, BBVA, Bank ABC, BNY Mellon, and UniCredit—distinguished themselves by leveraging innovative digital platforms, expanding global and regional connectivity, and developing specialized solutions to navigate increasingly complex trade environments. From supporting key economic corridors in Asia-Pacific to pioneering sustainable finance across Africa and the CEE, these institutions are setting the standard for efficiency, compliance, and client service in the global trade ecosystem.

BBVA

BBVA has consistently been recognized as the Best Trade Finance Bank in Latin America due to its comprehensive strategy, strong regional network, and commitment to digital innovation. BBVA’s strategic goal is to become a gateway to Latin America, focusing on SMEs by leveraging its connections between the region, Europe, and Asia. As the leading trade finance bank in this area, covering Mexico, Venezuela, Colombia, Brazil, Peru, Chile, Argentina, and Uruguay, BBVA maintains local Trade Finance units in each country. The bank also employs structuring experts for implementation, client support, advice, and after-sales management, alongside a central execution office.

BBVA NY’s centralized trade finance team handles global transactions for Corporates and Financial Institutions throughout the Latin American (Latam) region. They provide a comprehensive range of trade finance products. These include traditional trade products such as international guarantees, letters of credit (e.g., UPAS), silent guarantees, import and export financing, and trade loans. They also offer Receivable/Supply Chain Finance, which covers factoring, reverse factoring, vendor factoring, and forfaiting.

Finally, their Structured & Syndicated Finance offerings encompass A/B Loans and other syndicated loans, as well as structured products like prepayment, borrowing base facilities, and inventory finance.

In recent years, BBVA has invested in enhancing the DIY traceability of its trade finance products in the Latam Region, which is further supported by digital advancements, such as the deployment of Pivot, a global BBVA platform divided into Pivot Net (a web channel and app) and Pivot Connect (direct channels including API, H2H, and Swift).

Both platforms are designed to offer consistent services to clients across all corresponding countries. The platform provides direct access to the digital interfaces for cash management, global trade finance, and Comext Online, and a substantial volume of transactions are executed through these channels.