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Spain’s BBVA plans to roll out digital bank in Germany

MADRID, June 19 (Reuters) – Spain’s second largest bank BBVA (BBVA.MC), opens new tab is planning to extend its digital banking services to Germany as it seeks to boost customer numbers and mirror its success in Italy, the bank’s country manager in Spain said on Wednesday.
BBVA, which recently submitted a hostile 12.28 billion euro ($13.20 billion) takeover offer for Sabadell (SABE.MC), opens new tab, has invested heavily in digital banking services and like larger Spanish rival Santander, has been expanding in emerging economies, such as Mexico, when it struggled in the past to boost income in mature markets.
Source: REUTER

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