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Home > Company Index > Banking > Banking - Latin America, Middle East & Africa > Banco Wiese Sudameris

Banco Wiese Sudameris
NYSE: BWP
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 NEWS FROM THE WIRES
INTERVIEW-Peru's Banco Wiese sees 2002 earnings bounce
Jul 19 2001 02:11 PM PDT

Peru's Banco Wiese sees earnings bounce in 2002
Jul 19 2001 12:09 PM PDT

More WIRE STORIES about this company

 PROFILE
Banco Wiese Sudameris was created in 1999 when Banca Commerciale Italiana-owned Banco de Lima-Sudameris bought more 60% of the troubled Banco Wiese. The government-approved bailout permitted Italian bankers a reentry into Peruvian banking after a military government kicked out foreign investors 20 years earlier. Through some 130 offices, mostly in Lima, Banco Wiese Sudameris offers checking, savings, and time deposit accounts and loans. Its subsidiaries are involved in trading and investments, asset and investment management, trust administration, international banking, and leasing. The Wiese Group (named after bank founder Augusto N. Wiese) still owns about 15% of the bank.

 COMPETITION
BBVA Banco Francés S.A. (BFR)
Banco do Brasil S.A. (BBAS)
Credicorp Ltd. (BAP)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 505.70
1-Yr. Sales Growth: 54.5%
Employees: 2,310
Revenue per employee: $218,917.75

 KEY PEOPLE
• Eugenio Bertini
    CEO

 CONTACT INFO
Dionisio Derteano
Lima 27, Peru
Phone: 51-1-211-6243
Fax: 51-1-440-4832
Online: Web Site

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