The banking group BBVAthe second bank in Spain and with a strong presence in Mexico, announced on Tuesday that it contacted its competitor Sabadell to start conversations about a “possible merger”, more than three years after the failure of a first approach. “BBVA confirms that it has conveyed to the Chairman of the Board of […]
Tag: BBVA
Strong increase in BBVA bank profits thanks to Spain and Mexico
The net profit of the Spanish bank BBVA rose 19% in the first quarter of 2024 thanks above all to good operating results in Spain and Mexico, which offset the impact of an exceptional tax introduced by Madrid. The second Spanish banking group, behind Santander, obtained total profits of 2,200 million euros (US$ 2,358 million) […]
BBVA denounces former executives and fishing businessmen for fraud for a total of S/280 million
BBVA Bank filed a complaint through its legal representation against some senior officials who, according to the banking entity’s accusation, would be involved in the approval of 40 leasing operations with fishing companies, without guarantees, adding up to a total of S/280 million. Among those involved are industrial engineer Marco Gaitán Chunga, who plays the […]
Joint profit of 5 banks reached S/26 million per day in 2023
The joint net profit of five large banks in Peru was S/9,821 million in 2023, equivalent to S/26 million net profit per day. Meanwhile, the levels of its economic profitability (ROA) and profitability per shareholder (ROE) reached peaks of up to 3.63% and 62.74%, respectively. These five banks are BCP, BBVA, Scotiabank, Interbank and the […]
BBVA believes that ‘nearshoring’ is not yet reflected in credit to companies in Mexico
Although financing for companies in Mexico has seen dynamism, the effect of companies relocating to the country or ‘nearshoring’ is not the trigger, BBVA Mexico considered this Thursday. “A pattern has been registered in the dynamics of credit flows and balances that does not necessarily imply the use of financing for purposes related to ‘nearshoring’“said […]
What is the maximum amount for interbank transfers in BBVA, BCP, Interbank and others?
If you are wondering what is the maximum limit for interbank transfers in entities such as BBVA, BCP, Interbank and Scotiabank, you are in the right place to find the answers. Interbank transfers are a fundamental tool in modern financial management, but it is important to know the limits established by each bank to avoid […]
What are the requirements to access a credit card in Peru?
A credit card is a means of payment issued by a financial institution that allows you to manage your purchases. Unlike a debit card, in which movements are charged directly to the account, this allows you to accumulate expenses within established limits of money and time. Through this financial instrument, users will be able to […]
Mauricio Sánchez, head of Plin, on the future of the ‘plineo’ in dollars: “It is always a possibility”
Plin is a mobile application developed in Peru, which allows you to make money transfers quickly and securely between different banks, such as BBVA, Scotiabank and Interbank. It is one of the most used digital wallets in the country, with millions of users who ‘line’ all hours of the day. Bringing innovation to the banking […]
Get an advance on your salary online: which banks offer it and what is the maximum amount?
It’s not the end of the month yet and you need money? An alternative to access liquidity quickly is through a request for a advance of your salary in some bank. This is a loan for emergencies that can be requested in a simple way and without having to go to the entity in person. […]
How can I prevent my Yape or Plin account from being emptied in the event of a cell phone theft?
Attentive! If you have digital wallets, such as Yape or Plin, follow these tips to know what to do in case of theft. Join the La República WhatsApp channel Price of the dollar in Peru: what is the exchange rate quote this Wednesday, December 13? Christmas Bonus 2023: Government makes public sector benefit payment official, […]