BBVA Perú
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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. 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 , image_flag = Flag of Peru.svg , image_coat = Escudo nacional del Perú.svg , other_symbol = Great Seal of the State , other_symbol_type = National seal , national_motto = "Firm and Happy f .... BBVA Continental is the result of the merger of Banco Continental with Banco Bilbao Vizcaya and Grupo Breca in 1995. The bank conducts its business through 311 branches located in different regions of Peru. As of February 2014, it had 5,429 employees. In 2014, ''Global Finance'' ranked BBVA Continental the "Best Bank in Peru." In 2019, BBVA unifies its ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Financial Statement
Financial statements (or financial reports) are formal records of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form which is easy to understand. They typically include four basic financial statements accompanied by a management discussion and analysis: # A balance sheet or statement of financial position, reports on a company's assets, liabilities, and owners equity at a given point in time. # An income statement—or profit and loss report (P&L report), or statement of comprehensive income, or statement of revenue & expense—reports on a company's income, expenses, and profits over a stated period. A profit and loss statement provides information on the operation of the enterprise. These include sales and the various expenses incurred during the stated period. # A statement of changes in equity or statement of equity, or statement of retained earnings, reports on ...
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Banks Established In 1951
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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Banks Of Peru
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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Banco Bilbao Vizcaya Argentaria
Banco Bilbao Vizcaya Argentaria, S.A. (), better known by its initialism BBVA, is a Spanish multinational financial services company based in Madrid and Bilbao, Spain. It is one of the largest financial institutions in the world, and is present mainly in Spain, South America, North America, Turkey, and Romania. The bank was founded as Banco de Bilbao, on May 28, 1857, in Bilbao. BBVA's operational headquarters are located in Madrid, in the "Ciudad BBVA" complex. It is Spain's second largest bank after Banco Santander. It is listed on the Madrid Stock Exchange, the New York Stock Exchange and on the Mexican Stock Exchange. It is also a part of the IBEX 35 as well as the Dow Jones EURO STOXX 50. As of December 31, 2018, BBVA's assets amounted to around €676 billion, making it the second largest Spanish financial institution by volume of assets. At that same date, it had 7,963 offices, 125,627 employees and 74.5 million customers, and was present in more than 30 countries. 5] On ...
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BBVA USA
BBVA USA was a bank headquartered in Birmingham, Alabama. It was a subsidiary of Banco Bilbao Vizcaya Argentaria from 2007 until 2021, when it was acquired by PNC Financial Services. It operated mainly in Alabama, Arizona, California, Colorado, Florida, New Mexico, and Texas. The bank was earlier named Central Bank and Trust Company, Central Bank, Central Bancshares of the South, and Compass Bancshares. BBVA USA held naming rights to PNC Stadium (formerly BBVA Stadium), a Major League Soccer venue in Houston and PNC Field (formerly BBVA Field), a college and minor league soccer venue on the campus of University of Alabama at Birmingham in Birmingham, Alabama. From 2011 to 2014, BBVA USA was the title sponsor of the Birmingham Bowl (then called the BBVA Compass Bowl), a college football bowl game played annually in Birmingham. History On March 2, 1964, the company was founded as the Central Bank and Trust Company by Harry B. Brock Jr., Schuyler Baker, and Hugh Daniel with US$1 mi ...
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BBVA Provincial
BBVA Provincial ( BVCBPV (formerly BBVA Banco Provincial) is a financial institution in Venezuela. History 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 Latin America or * french: Amérique Latine, link=no * ht, Amerik Latin, link=no * pt, América Latina, link=no, name=a, sometimes referred to as LatAm is a large cultural region in the Americas where Romance languages — languages derived f .... External links *http://www.provincial.com/ Official site (Spanish) *http://www.bbva.es BBVA official site (Spanish) Banks of Venezuela Banco Bilbao Vizcaya Argentaria Banks established in 19 ...
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BBVA Argentina
BBVA Argentina, formerly BBVA Banco Francés, is a financial institution in Argentina. History Founded on October 14, 1886, in Buenos Aires as ''Banco Francés del Río de la Plata'' ( en, French Bank of the River Plate), it is the oldest private bank in Argentina. Its Beaux-Arts headquarters, designed by Jorge Bunge, were inaugurated in 1926. Morgan Guaranty Trust acquired a 50% share in the bank in 1968, though the New York-based bank sold most of these to Alpargatas, a leading local industrial firm, a decade later. Despite the nation's economic woes during the 1980s, the Banco Francés expanded from 15 branches to 62 during the decade, and entered into a joint venture with Bankers Trust Company in 1986. Alpargatas sold its stake to local developer Eduardo Constantini in 1991, and entered into a second joint venture with Merrill Lynch in 1992. In December 1996, Spain's ''Banco Bilbao Vizcaya,'' (now Banco Bilbao Vizcaya Argentaria), acquired the 99.9% of the common shares of ...
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BBVA México
BBVA México is the largest Mexican financial institution (2021), having about 20% of the market. Founded in 1932 as Banco de Comercio (Bancomer), and rebranded from 2000 to 2019 as BBVA Bancomer, its main stockholder is the Spanish bank BBVA. Its headquarters are located at the Torre BBVA México on Paseo de la Reforma in Mexico City. History BBVA México, formerly Bancomer (Banco de Comercio), was founded in Mexico City in 1932 by Salvador Ugarte, Raul Bailleres, Liberto Senderos, Mario Dominguez, and Ernesto Amescua, with Ugarte holding about two-thirds of the shares, possibly for other investors. In 1982, Bancomer was nationalized when President José López Portillo nationalized the country’s banking system. In 1991, during the presidency of Carlos Salinas de Gortari, Bancomer was again privatized when a group of investors led by Eugenio Garza Lagüera bought the majority of the stock. In July 2000, Spanish Banco Bilbao Vizcaya Argentaria purchased most of Bancomer S.A.'s p ...
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PR Newswire
PR Newswire is a distributor of press releases headquartered in Chicago. The service was created in 1954 to allow companies to electronically send press releases to news organizations, using teleprinters at first. The founder, Herbert Muschel, operated the service from his house in Manhattan for approximately 15 years. The business was eventually sold to Western Union and then United Newspapers of London. In December 2015, Cision Inc. announced it would acquire the company. On January 1, 2021, Cision formally merged PR Newswire into the company, ending its status as a legal entity after 66 years. Cision plans to continue utilizing the brand name for the foreseeable future in the United States, as well as in Europe and the Asia-Pacific regions. History PR Newswire was founded in March 1954 by Herbert Muschel, who ran the business from his town house in New York City for the first 15 years of its operation. The company used telecommunications lines and teleprinters owned by Weste ...
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Grupo Breca
Grupo Breca, also known as Grupo Brescia, is a Peruvian business conglomerate founded more than 130 years ago with operations in Peru and other countries in Latin America. Fortunato Brescia and his wife, Mrs. María Catalina Cafferata, are the group's founders. Their last names Brescia and Cafferata gave rise to the "Breca" brand, which reflects the memory of its founders. Since September 2011, its main companies are grouped in the Inversiones Breca S. A. holding company, which has as shareholders Ana María Brescia Cafferata, RBCF Inversiones, Pedro Brescia Moreyra, Mario Brescia Moreyra, Fortunato Brescia Moreyra and a RBCF trust. The Fort Brescia family is a shareholder in RBCF company. History Fortunato Brescia Tassano began his working life as an assistant in a retail store. In 1913, he acquired the Miranaves Ranch, next to the Port of Callao, and started his own business to produce subsistence farming and dairy products and became the supplier of the warehouses. A couple ...
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San Isidro District, Lima
San Isidro is a district of the Lima Province in Peru. It is located in the west center of the city, it has a few meters of coastline. Officially created on April 24, 1931, San Isidro, along with Orrantia and Country Club districts, was separated from Miraflores. San Isidro has become a major financial quarter in recent years, as many banks and businesses left downtown Lima to set up their headquarters in modern office blocks. It is inhabited by mostly upper middle and upper-class families. Geography The district has a total land area of 9.78 km². Its administrative center is located at 109 meters above sea level. Boundaries * North: La Victoria, Lince and Jesús María * East: San Borja * South: Miraflores and Surquillo * West: Magdalena del Mar and the Pacific Ocean For more than fifty years, the border at the western area of the district has been disputed with neighboring Magdalena del Mar. A judge ordered the councils of both districts to deposit the money of th ...
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