BBVA Banco Provincial
Encyclopedia
BBVA Banco Provincial is a financial institution in Venezuela
.
, 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
.
Venezuela
Venezuela , officially called the Bolivarian Republic of Venezuela , is a tropical country on the northern coast of South America. It borders Colombia to the west, Guyana to the east, and Brazil to the south...
.
History
Founded on October 15, 1953, in CaracasCaracas
Caracas , officially Santiago de León de Caracas, is the capital and largest city of Venezuela; natives or residents are known as Caraquenians in English . It is located in the northern part of the country, following the contours of the narrow Caracas Valley on the Venezuelan coastal mountain range...
, Venezuela
Venezuela
Venezuela , officially called the Bolivarian Republic of Venezuela , is a tropical country on the northern coast of South America. It borders Colombia to the west, Guyana to the east, and Brazil to the south...
, as Banco Provincial with a capital of Bs.
Venezuelan bolívar
The bolívar fuerte is the currency of Venezuela since 1 January 2008. It is subdivided into 100 céntimos and replaced the bolívar at the rate of Bs.F. 1 = 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
Spain
Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...
’s Banco Bilbao Vizcaya (now Banco Bilbao Vizcaya Argentaria
Banco Bilbao Vizcaya Argentaria
Banco Bilbao Vizcaya Argentaria, S.A. is a multinational Spanish banking group. It was formed in 1999 from the merger of Banco Bilbao Vizcaya and Argentaria, both of which in turn had previously amalgamated three important banks in Spain, namely Banco de Bilbao, Banco de Vizcaya, Banco Exterior de...
) acquired the majority of shares as a strategy of expansion into Latin America
Latin America
Latin America is a region of the Americas where Romance languages – particularly Spanish and Portuguese, and variably French – are primarily spoken. Latin America has an area of approximately 21,069,500 km² , almost 3.9% of the Earth's surface or 14.1% of its land surface area...
.
External links
- http://www.provincial.com/ Official site (Spanish)
- http://www.bbva.es BBVA official site (Spanish)