BBVA Perú

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).

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

  1. BBVA Banco Continental Notes to Financial Statements as of December 31, 2007, page 71.^
  2. Memoria anual 2023^
  3. History BBVA Continental, 6 June 2016, retrieved 25 December 2017^
  4. GrupoRPP. Fitch elevó rating de BBVA Continental a A- RPP, 2011-06-21, retrieved 2023-01-28^
  5. Global Finance Magazine - BEST BANKS 2014: LATIN AMERICA^
  6. BBVA to unify its brand worldwide, changes its logo. PR Newswire, December 24, 2019^
  7. BBVA designa a mexicano Fernando Eguiluz como nuevo CEO en Perú | ECONOMIA 4 June 2019^