BBVA Perú
TypeSubsidiary
BVL: CONTINC1
IndustryFinance
Founded1951 (1951)
HeadquartersLima, Peru
Key people
Alex Fort Brescia, (Chairman)
Fernando Eguiluz
(CEO)
ProductsFinancial services
RevenueUS$ 579.7 Million (2021)
Total assetsUS$ 264 Million (2021)
OwnerBBVA
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). Its principal offices are located in Av. República de Panamá No. 3055, San Isidro District, Peru.[1]

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

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.
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