Banco Provincial Company Profile - Aug 20, 2011 by WrightReports

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									Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   Banco Provincial
                                                                                        440 Wheelers Farms Road
                                                                                        Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in Venezuelan Bolivars

                                Wright Quality Rating:CAA20                                  Key Data

   BBVA Banco Provincial SA is a Venezuela-based financial institution principally           Ticker:
   engaged in the commercial banking sector. The Bank's services and products include        BPV
   saving and current accounts, debit and credit cards, consumer and commercial
   loans, mortgages, fixed-term deposits, financial assessment, cash management,             2010 Sales:
   international trade and other banking operations processing services to businesses
                                                                                             6,955,314,429
   and individuals, as well as to small and medium-sized enterprises (SMEs). The Bank is
   a parent of Grupo Provincial, a group which comprises Seguros Provincial CA,
   Inversiones Platco CA, Provincial Casa de Bolsa CA, Provincial Sociedad                   Major Industry:
   Administradora de Entidades de Inversion Colectiva CA, Corporacion Suiche 7B CA,          Financial
   Caja Venezolana de Valores SA and Inmobiliaria Asociacion Bancaria de Venezuela
   CA. In addition, it operates a network of branches and 1,042 automated teller             Sub Industry:
   machines located nationwide. The Bank is a subsidiary of Banco Bilbao Vizcaya             Commercial Banks
   Argentaria SA and a member of BBVA Group.
                       Stock Chart                                  Officers                 Country:
                                                                    Chairman                 Venezuela
                                                               Leon Henrique Cottin
                                                                                             Currency:
                                                               Vice Chairman
                                                                                             Venezuelan Bolivars
                                                         Vicente Maria Rodero Rodero

                                                                                             Fiscal Year Ends:
                                                                    President
                                                              Pedro Rodriguez Serrano        December


                                                          Executive Vice President           Employees
                                                                  Finance                    5,509
                                                           Gustavo Mazzolini Casas
                                                                                             Exchanges:
                                                                    Secretary                CAR
                                                                Aura Marina Kolster
                                                                                             Share Type:
                                  
								
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