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Banco Bilbao Vizcaya Argentaria SA
Latin CEO: Executive Strategies for the Americas, May, 2001
Banco Bilbao Vizcaya Argentaria SA sold its stake in Bolivian pension fund AFP Futuro to Swiss insurer Zurich Financial Services for US$19 million. The divestiture came at the request of Bolivian regulators. BBVA continues to have a majority stake in another fund, AFP Prevision, which controls about 50 percent of the country's pension fund market.
COPYRIGHT 2001 CEO Publishing Group, Inc.
COPYRIGHT 2008 Gale, Cengage Learning
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