BBVA Provincial

BBVA Banco Provincial S.A.

Type	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	US$928.0 million (2008)
Net income	US$376.4 million (2008)
Total assets	US$8.1 billion (2007)
Number of employees	5,775
Parent	BBVA
Website	www.provincial.com

BBVA Provincial (BVC: BPV) is a financial institution in Venezuela.

History

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

• http://www.provincial.com/ Official site (Spanish)
• http://www.bbva.es BBVA official site (Spanish)