Search results
Results from the WOW.Com Content Network
In December 1996, Spain's Banco Bilbao Vizcaya, (now Banco Bilbao Vizcaya Argentaria), acquired the 99.9% of the common shares of Otar S.R.L., which was a major shareholder of Sud América Inversiones S.A., and holder of over 30% of the capital of Banco Francés, hence the BBVA in its name.
Later, BBVA unified its corporate image in the country by reorganizing its entire portfolio of brands under the name "BBVA Compass". In 2009, it acquired the Guaranty Bank in Texas, following the collapse of this entity. In 2014, BBVA acquired the US digital banking company Simple for 117 million dollars. In its push towards a digital future in ...
The BBVA Tower (also known as the Banco Francés Tower) is an office skyscraper in Buenos Aires, Argentina, currently serving as the headquarters of BBVA Argentina financial institution. [3] Completed between 2013 and 2016, the building stands at 155 m (509 ft) tall with 33 floors and is the eleventh tallest building in Buenos Aires .
BBVA is short for Banco Bilbao Vizcaya Argentaria, the second-largest bank in Spain. BBVA acquired Compass Bank back in 2007, whereupon the bank was renamed BBVA Compass, thus cementing its ...
Though a sell-off of public shares was averted, given the controversy, the 1998–2002 Argentine great depression led to the loss of nearly half of the bank's deposits between 2001 and 2002, and to its near-insolvency, when its dollar-denominated debt of US$1.8 billion required borrowing on flexible terms from the Central Bank of Argentina ...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
Switzerland said on Tuesday it was concerned by U.S. President-elect Donald Trump's proposals to raise tariffs and is considering how to respond if his new administration does so. Trump aims to ...
Banking penetration remains low and banking costs high. The Argentine banking sector is currently dominated by state-owned banks, with the largest being the Banco de la Nación Argentina. In 2005, for the first time since the 2001 collapse, the banking system made a profit, according to a Central Bank report released in February 2006. The total ...