BBVA Provincial

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BBVA Banco Provincial S.A.
Public (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 Increase US$928.0 million (2008)
Increase US$376.4 million (2008)
Total assets Increase 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[edit]

Banco Provincial Building Headquarters in Caracas.

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[edit]