BBVA leads inflation and interest rate trades in Spain

For strong trades linked to inflation and interest rates, as well as for the service it provides to its retail and private banking clients, BBVA wins this year's Structured Products award for best in Spain

image of a bbva branch in Spain

Spain today is a perfect environment for structured products, says Alfonso de Miguel, head of global structured solutions at BBVA in Madrid. Volumes at the bank in 2014 are up 100% compared with the same period last year. With Spanish gross domestic product expected to grow 1.3% this year, investors are confident about Spain's economic recovery, but frustrated by what flat volatility and low interest rates have done to traditional investments, he says.

BBVA structured one of its most cutting

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