Banco Bilbao Vizcaya Argentaria SA participates in traditional banking of retail banking, asset management, private banking, and wholesale banking. It operates through the following sectors: Spain, the United States, Mexico, Turkey, South America and the rest of Eurasia. The Spanish part mainly includes the group's banking and insurance business in Spain. The U.S. sector consists of bbva USA's financial business activity in the country and bbva SA's New York branch activity. The Mexican part refers to the banking and insurance companies in this country as well as the activity of its Houston branch. The Turkish part reports on the activity of the Garanti BBVA Group that is mainly implemented in this country and, to a lesser extent, in Romania and the Netherlands. The South American segment includes operations in Argentina, Colombia, Peru, Uruguay and Venezuela. The remaining part of Eurasia includes the Group's banking business in Europe and Asia, with the exception of Spain. The company was founded on June 1, 1988 and is headquartered in Madrid, Spain.