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.
Company type | Subsidiary |
---|---|
BVL: CONTINC1 | |
Industry | Finance |
Founded | 1951 |
Headquarters | Av. República de Panamá No. 3055, San Isidro District, Peru[1] |
Key people | Alex Fort Brescia, (Chairman) Fernando Eguiluz (CEO) |
Products | Financial services |
US$ 500.1 Million (2023)[2] | |
Total assets | US$ 282 Million (2023)[2] |
Owner | BBVA |
Number of employees | 7,266 (2023)[2] |
History
editThe 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.[3]
In June 2011, the Fitch credit rating agency raised BBVA Continental's investment grade from BBB to A−.[4]
The bank conducts its business through 311 branches located in different regions of Peru. As of February 2014, it had 5,429 employees.[5]
In 2014, Global Finance ranked BBVA Continental the "Best Bank in Peru."[6]
On June 10, 2019, BBVA unifies its brand worldwide and BBVA Continental is renamed BBVA.[7]
In July 2019, Fernando Eguiluz becomes CEO of BBVA Perú.[8]
See also
editExternal links
edit- BBVA Continental official site
References
edit- ^ BBVA Banco Continental Notes to Financial Statements as of December 31, 2007, page 71.
- ^ a b c "Memoria anual 2023" (PDF) (in Spanish).
- ^ "History". BBVA Continental. 6 June 2016. Retrieved 25 December 2017.
- ^ GrupoRPP (2011-06-21). "Fitch elevó rating de BBVA Continental a A-". RPP (in Spanish). Retrieved 2023-01-28.
- ^ BBVA Banco Continental 2013 Annual Report
- ^ "Global Finance Magazine - BEST BANKS 2014: LATIN AMERICA".
- ^ "BBVA to unify its brand worldwide, changes its logo" (Press release). PR Newswire. December 24, 2019.
- ^ "BBVA designa a mexicano Fernando Eguiluz como nuevo CEO en Perú | ECONOMIA". 4 June 2019.