Peru Best Bank: BBVA Continental

Peru Best Bank: BBVA Continental

Bonds Structured Finance Peru Corporate & Sovereign Strategy

BBVA Continental, Peru¹s second-largest bank, has positioned itself well to capitalize on Peru¹s booming growth. A surge in output in the Andean economy has seen banking services extend far and wide ­ a trend that has also meant consumer loans growth at twice the rate as that of corporate loans over the past year. Loans are growing at roughly 2.5-3.5 times GDP, driven by mortgages, consumer and credit card loans. BBVA Continental¹s CEO Eduardo Torres-Llosa tells LatinFinance it¹s a trend he expects to continue. ³The number of debtors in the system is pretty low, and we see a lot of opportunities in this segment of the population.² He expects the bank to double in size over the next

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