BBVA Perú

Peruvian bank From Wikipedia, the free encyclopedia

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
IndustryFinance
Founded1951; 75 years ago (1951)
Quick facts Company type, Traded as ...
BBVA Perú
Company type
Subsidiary
BVL: CONTINC1
IndustryFinance
Founded1951; 75 years ago (1951)
HeadquartersAv. República de Panamá No. 3055, San Isidro District, Peru[1]
Key people
Alex Fort Brescia, (Chairman)
Fernando Eguiluz
(CEO)
ProductsFinancial services
US$ 500.1 Million (2023)[2]
Total assetsUS$ 282 Million (2023)[2]
OwnerBBVA
Number of employees
7,266 (2023)[2]
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Old BBVA Banco Continental headquarters in Lima.

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.[3]

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

The bank conducts its business through 311 branches located in different regions of Peru. As of 2023, it had 7,266 employees.[2]

See also

References

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