From Wikipedia, the free encyclopedia
(Redirected from BBVA Continental)
BBVA Perú
Company type Subsidiary
BVLCONTINC1
Industry Finance
Founded1951; 73 years ago (1951)
HeadquartersAv. República de Panamá No. 3055, San Isidro District, Peru [1]
Key people
Alex Fort Brescia, ( Chairman)
Fernando Eguiluz
(CEO)
Products Financial services
Revenue US$ 579.7 Million (2021)
Total assets US$ 264 Million (2021)
Owner BBVA
Number of employees
6,183
Old BBVA Banco Continental headquarters in Lima.

BBVA Perú (formerly BBVA Banco Continental) is a Peruvian bank and subsidiary of Holding Continental (an affiliate of BBVA) which holds 92.08% of its equity.

History

The bank was established in 1951, and its operations are authorized by the Superintendencia de Banca, Seguros y AFP (SBS).

BBVA Continental is the result of the merger of Banco Continental with Banco Bilbao Vizcaya and Grupo Breca in 1995. [2]

In June 2011, the Fitch credit rating agency raised BBVA Continental's investment grade from BBB to A−. [3]

The bank conducts its business through 311 branches located in different regions of Peru. As of February 2014, it had 5,429 employees. [4]

In 2014, Global Finance ranked BBVA Continental the "Best Bank in Peru." [5]

On June 10, 2019, BBVA unifies its brand worldwide and BBVA Continental is renamed BBVA. [6]

In July 2019, Fernando Eguiluz becomes CEO of BBVA Perú. [7]

See also

External links

References

  1. ^ BBVA Banco Continental Notes to Financial Statements as of December 31, 2007, page 71.
  2. ^ "History". BBVA Continental. 6 June 2016. Retrieved 25 December 2017.
  3. ^ GrupoRPP (2011-06-21). "Fitch elevó rating de BBVA Continental a A-". RPP (in Spanish). Retrieved 2023-01-28.
  4. ^ BBVA Banco Continental 2013 Annual Report
  5. ^ "Global Finance Magazine - BEST BANKS 2014: LATIN AMERICA".
  6. ^ "BBVA to unify its brand worldwide, changes its logo" (Press release). PR Newswire. December 24, 2019.
  7. ^ "BBVA designa a mexicano Fernando Eguiluz como nuevo CEO en Perú | ECONOMIA". 4 June 2019.