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Global Finance magazine announced the winners of the Sustainable Finance Awards, honoring achievements in 2025. BBVA was named the best bank in sustainable finance in Spain, and Garanti BBVA was named the best bank in sustainable finance in Türkiye. These awards put the spotlight on the bank’s leadership, innovation and commitment to the sustainable finance field, supporting initiatives designed to mitigate the negative effects of climate change and help build a more sustainable future.

Sustainability remains one of BBVA’s priorities in its new strategic cycle. The financial institution wants to boost sustainability as a driver of growth, and as a way to foster new business. Climate, natural capital and social opportunities are the three pillars underpinning its sustainability strategy. The bank aims to channel €700 billion in sustainable business between 2025 and 2029.

In 2025, the Group led significant sustainable transactions in its main markets – Spain, Mexico, Türkiye, South America, as well as through BBVA Corporate & Investment Banking (BBVA CIB) – in line with its goal of supporting customers in their transition and generating new business opportunities in sectors where the transition is already an economic reality.

This leadership was also backed by Global Finance recognizing BBVA as the best bank in the world for green bonds, and presenting the bank the award for sustainable finance deal of the year for the agreement with Verdalia to finance infrastructure in the biomethane sector.

Sustainable Finance regional awards

In the Western Europe regional category, the bank in Spain received the award for the best bank for green bonds, and for sustainable finance deal of the year, for the financing of Verdalia.

Meanwhile, Garanti BBVA stood out in the Central and Eastern Europe categories as the best bank to support communities and the sustainable finance deal of the year for the  Antalya–Alanya highway project.

“Sustainable finance continues to expand in key markets around the world, driven by strong issuance of green, social, and sustainability bonds and a sustainable debt market now measured in the trillions of dollars. However, persistent challenges remain, including regulatory fragmentation, data and disclosure gaps, concerns about greenwashing, and the need for more credible impact measurement,” said Joseph Giarraputo, founder and editorial director of Global Finance. “Global Finance’s Sustainable Finance Awards celebrate financial institutions that show creative, innovative, and successful leadership across a wide range of initiatives,” he added.

The winners were selected in 56 countries, territories and districts and they will be honored at the Global Finance Investment Bank and Sustainable Finance Awards ceremony on April 21 in London.