BBVA Provincial ( BVC
BPV
(formerly BBVA Banco Provincial) is a financial institution in

Venezuela Venezuela (; ), officially the Bolivarian Republic of Venezuela ( es, link=no, República Bolivariana de Venezuela), is a country on the northern coast of South America, consisting of a continental landmass and many islands and islets in th ...

History

Founded on October 15, 1953, in Caracas,

, 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 , image_flag = Bandera de España.svg , image_coat = Escudo de España (mazonado).svg , national_motto = ''Plus ultra'' (Latin)(English: "Further Beyond") , national_anthem = (English: "Royal March") , i ...

’s ''Banco Bilbao Vizcaya'' (now

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 ...

) 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 1953 Companies listed on the Caracas Stock Exchange Venezuelan companies established in 1953 Venezuelan brands Companies based in Caracas {{Venezuela-company-stub