BBVA Peru

Key details

• Parent: assets

Overview

BBVA Peru is BBVA Spain ~46.12% + Breca Group Peruvian conglomerate ~46.12% JV + Peru's #2 commercial bank by assets + ~6M+ customers + BBVA Plin co-founder with Interbank + Scotiabank Peru [1, pe-cro].

History

1951 — Banco Continental founded distinctive Peruvian banking heritage.

1995 — BBVA Spain Banco Continental majority acquisition distinctive Spanish-Peruvian banking acquisition.

2014 — BBVA Peru Mobile Banking app launch.

Feb 2020 — BBVA + Interbank + Scotiabank Peru launch Plin Peruvian instant mobile P2P payments.

Ownership & operator

Operating entity: BBVA Banco Continental S.A. (BVL: CONTINC1; BBVA Spain ~46.12% + Breca Group Peruvian conglomerate ~46.12% JV).

Major shareholders: BBVA Banco Bilbao Vizcaya Argentaria (BBVA Spain; BME: BBVA; NYSE: BBVA) ~46.12% + Breca Group Peruvian conglomerate (Romero family) ~46.12% + Peruvian retail + institutional + foreign investors.

Regulators: SBS Peru + BCRP.

Technical integration

BBVA Peru mobile app (iOS + Android; ~6M+ customers) + bbva.pe online + BBVA Peru branch network across Peru + BBVA Peru Visa + Mastercard cards; PE IBAN + Yape (partial; via BCP rivalry) + Plin (Peruvian instant mobile P2P payments co-founded by BBVA + Interbank + Scotiabank Peru).

Implementations & partners

BBVA Group: [[bbva-spain]] (BBVA Spain parent) + [[bbva-mexico]] + [[bbva-colombia]] + [[bbva-peru]] + [[bbva-argentina]] (BBVA Argentina).

Major Peruvian banking competitors: [[bcp-peru]] (Banco de Crédito del Perú; Credicorp; Peru's largest commercial bank by assets + Yape mobile wallet pioneer; ~17M+ users) + [[interbank-peru]] (Interbank Peru; Intercorp Financial Services; Peru's #3 commercial bank by assets + Plin co-founder) + [[scotiabank-peru]] (Scotiabank Peru; Bank of Nova Scotia Canadian parent subsidiary + Plin co-founder) + [[banco-de-la-nacion]] (Banco de la Nación Peruvian state-owned bank).

Regulators: SBS Peru + BCRP.

Status

Active, BBVA Spain ~46.12% + Breca Group ~46.12% JV + Peru's #2 commercial bank by assets + ~6M+ customers + BBVA Plin co-founder [1, 2].

Sources

• 1 BBVA Peru — official
• 2 BBVA Perú — Wikipedia
• pe-cro In-corpus: reports/countries/PE-peru.md

Source

Biography extracted from bbva-peru.md. See matrix.md for standards-support matrix if present.