BBVA Perú | |
Type: | Subsidiary |
Location: | Av. República de Panamá No. 3055, San Isidro District, Peru[1] |
Key People: | Alex Fort Brescia, (Chairman) Fernando Eguiluz |
Num Employees: | 6,183 |
Industry: | Finance |
Products: | Financial services |
Owner: | BBVA |
Revenue: | US$ 579.7 Million (2021) |
Assets: | US$ 264 Million (2021) |
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.
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.[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]