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BVA Banco Bilbao Vizcaya Argentaria S.a.

10.30
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Banco Bilbao Vizcaya Argentaria S.a. LSE:BVA London Ordinary Share ES0113211835 ORD EUR0.49
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 10.30 10.32 10.82 10.30 10.30 10.30 28,353,172 16:11:20
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Commercial Banks, Nec 33.56B 8.02B 1.3515 8.72 69.89B

Banco Bilbao Vizcaya Argentaria SA Estrategy automobile financing business in Chile (0472L)

20/12/2018 7:00am

UK Regulatory


Banco Bilbao Vizcaya Arg... (LSE:BVA)
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TIDMBVA

RNS Number : 0472L

Banco Bilbao Vizcaya Argentaria SA

19 December 2018

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), in compliance with the Securities Market legislation, hereby communicates the following

INSIDE INFORMATION

BBVA has decided to initiate a strategic review of alternatives for its automobile financing business in Chile mainly carried out by the company Forum Servicios Financieros, S.A. ("Forum"). Despite Forum being a highly attractive business, BBVA's sale of its banking business in Chile, advises the initiation of this review process.

The alternatives contemplated in this process include the partial or total sale of Forum. The outcome of this review does not necessarily imply the sale of the business.

The process is expected to last for several quarters.

BBVA maintains its strategic commitment for the Latin American market and shall continue to invest in the region, which remains a priority for the growth of BBVA's business.

Madrid, December 19, 2018

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

December 20, 2018 02:00 ET (07:00 GMT)

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