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BBVA Banco Frances

Topics: Banks of Argentina

BBVA Banco Frances is a financial institution in Argentina.

History

Founded on October 14, 1886 in Buenos Aires as Banco Frances del Rio de la Plata , it is the oldest private Bank in Argentina. In December 1996, Spain's Banco Bilbao Vizcaya (now Banco Bilbao Vizcaya Argentaria) acquired the 99.9% of the social shares of Otar S.R.L. which was a major shareholder of Sud America Inversiones S.A., holder of the 30.04% of the capital of Banco Frances, hence the BBVA in its name.

External links

http://www.bancofrances.com.ar/ Official site (Spanish)

http://www.bbva.es BBVA official site (Spanish)

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article BBVA Banco Frances