| Business Summary | | Banco
Bilbao
Vizcaya
Argentaria,
S.A.
(BBVA),
the
result
of
a
merger
by
absorption
of
Argentaria
into
Banco
Bilbao
Vizcaya
(BBV),
which
was
approved
on
December
18,
1999,
is
a
financial
group
in
Spain.
At
December
31,
1999,
the
Bank
held
19.6%
of
all
customer
deposits
in
Spain,
made
19.9%
of
all
loans
and
managed
24.4%
of
pension
funds.
It
also
operates
in
11
Latin
American
countries
and
has
a
banking
presence
throughout
Europe.
At
December
31,
1999,
the
Bank
had
4,336
branches
in
Spain
and
3,155
branches
and
other
offices
outside
Spain,
with
an
estimated
customer
base
of
25
million
clients. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Banco
Bilbao
Vizcaya
Argentaria,
S.A,
is
engaged
in
a
wide
range
of
banking,
brokerage
and
related
financial
srvc.
in
Spain.
For
the
fiscal
year
ended
12/31/00,
total
interest
income
rose
86%
to
P3,181.5
billion.
Net
interest
income
after
loan
loss
provision
rose
65%
to
P915.26
billion.
Net
income
applicable
to
U.S.
GAAP
rose
49%
to
P256.94
billion.
Results
reflect
an
acquisition,
partially
offset
by
higher
interest
on
short-term
borrowings
and
increased
SG&A
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Emilio De Ybarra y Churruca, 63 | Exec.
Chariman of the Board | Pedro Santamarina, 57 | Vice
Chairman and CEO | Jesus Fernandez | Vice
Chairman | Jose Osma | Vice
Chairman | Jose Ramos, 48 | Sec.,
Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|