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Thomson Reuters Business Description:
| BBVA Banco Provincial SA is a Venezuela-based financial institution principally engaged in the commercial banking sector. The Bank’s services and products include saving and current accounts, debit and credit cards, consumer and commercial loans, mortgages, fixed-term deposits, financial assessment, cash management, international trade and other banking operations processing services to businesses and individuals, as well as to small and medium enterprises (SMEs). The Bank is a parent of Grupo Provincial, a group which comprises Seguros Provincial CA, an insurance company; Provincial Casa de Bolsa CA, a brokerage house; Provincial Sociedad Administradora de Entidades de Inversion Colectiva CA, a pension fund administrator, and Inversiones Platco CA, an investment company. As of December 31, 2008, it operated a network of 319 branches located nationwide. The Bank is a subsidiary of Banco Bilbao Vizcaya Argentaria SA and a member of the BBVA Group. |
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