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BBVA Continental is the result of the merger of Banco Continental with Banco Bilbao Vizcaya and Grupo Breca in 1995. [3] In June 2011, the Fitch credit rating agency raised BBVA Continental's investment grade from BBB to A−. [4] The bank conducts its business through 311 branches located in different regions of Peru.
The BBVA Building, also known as the Banco Continental Building, is a building located in Republic of Panama Avenue 3055, in San Isidro District, Lima. [1] The second tallest building in Peru, it serves as the main headquarters of BBVA Perú, a subsidiary of Spanish financial company Banco Bilbao Vizcaya Argentaria (BBVA).
Banco Bilbao Vizcaya Argentaria, S.A. (Spanish pronunciation: [ˈbaŋko βilˈβao βiθˈkaʝa aɾxenˈtaɾja]), better known by its initialism BBVA, is a Spanish multinational financial services company based in Bilbao, with operative offices in Madrid.
Brescia Cafferata managed Grupo Breca with his brother, Pedro Brescia Cafferata. [1] He succeeded his brother as the president of BBVA Continental. [1] Brescia Cafferata was the world's 831st richest person, with an estimated wealth of $1.8 billion in 2013. [1]
BBVA Continental is the second largest bank in Peru, with a network of 320 branches in the country. The Global Finance magazine named it as the Best Peruvian Bank. It is a joint investment between Breca and BBVA Spain, operated by the latter. [16]
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Pedro Brescia Cafferata was born on 31 August 1921. [1] His father, Fortunato Brescia Tassano, was the Italian-born founder of Grupo Breca, a real estate company-turned-conglomerate. [1]
BBVA (Chile) ; merged with Scotiabank Chile. [6] Banco Desarrollo de Scotiabank ; merged with Scotiabank Chile. [7] Banco de Santiago ; merged with Banco Santander, [8] some assets sold to Paris. [9] Banco Sud Americano; bought by Scotiabank Chile. Banco Paris; closed in 2016. [10] Banco Penta; assets sold to Banco de Chile. [11]