BBVA Provincial
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Company type | Public |
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BVC: BPV | |
Industry | Financial services |
Founded | 1953 |
Headquarters | Caracas, Venezuela |
Key people | Leon Henrique Cottin (Chairman) Pedro Rodríguez Serrano (CEO) |
Products | Finance and Insurance |
Revenue | US$928.0 million (2008) |
US$376.4 million (2008) | |
Total assets | US$8.1 billion (2007) |
Number of employees | 5,775 |
Parent | BBVA |
Website | www.provincial.com |
BBVA Provincial (BVC: BPV) (formerly BBVA Banco Provincial) is a financial institution in Venezuela.
History
Founded on October 15, 1953, in Caracas, Venezuela, as Banco Provincial with a capital of Bs. 15,000,000. In November 1996, Banco Provincial became the first universal bank in Venezuela by expanding its business objectives to include activities of specialized banking. In 1997, Spain’s Banco Bilbao Vizcaya (now Banco Bilbao Vizcaya Argentaria) acquired the majority of shares as a strategy of expansion into Latin America.
External links
- http://www.provincial.com/ Official site (Spanish)
- http://www.bbva.es BBVA official site (Spanish)
Categories:
- Companies in the Índice Bursátil de Capitalización
- Banks of Venezuela
- Banco Bilbao Vizcaya Argentaria
- Banks established in 1953
- Companies listed on the Caracas Stock Exchange
- Venezuelan companies established in 1953
- Venezuelan brands
- Companies based in Caracas
- Bank stubs
- Venezuela stubs
- South American company stubs