General Announcement::Strategic review of alternatives for automobile financing business in Chile

Issuer & Securities

Issuer/ Manager
BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Securities
BANCO BILBAO EUR1.5B PER SEC - XS1033661866 - 2Y9B
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
20-Dec-2018 06:08:54
Status
New
Announcement Sub Title
Strategic review of alternatives for automobile financing business in Chile
Announcement Reference
SG181220OTHRDV3E
Submitted By (Co./ Ind. Name)
Juan Quijano
Designation
Authorized representative
Description (Please provide a detailed description of the event in the box below)
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.

Attachments

20181219 HR_eng.pdf
Total size =20K