Edition:
United Kingdom

BBVA Studies Selling Its Car Loan Business In Chile


Wednesday, 19 Dec 2018 

Dec 20 (Reuters) - Banco Bilbao Vizcaya Argentaria SA ::SAID ON WEDNESDAY INITIATES STRATEGIC REVIEW OF ALTERNATIVES FOR ITS AUTOMOBILE FINANCING BUSINESS IN CHILE, MAINLY CARRIED OUT BY FORUM SERVICIOS FINANCIEROS SA ("FORUM").CONTEMPLATED ALTERNATIVES INCLUDE PARTIAL OR TOTAL SALE OF FORUM.SAYS SALE OF ITS BANKING BUSINESS IN CHILE ADVISES INITIATION OF THIS REVIEW PROCESS.THE PROCESS IS EXPECTED TO LAST FOR SEVERAL QUARTERS.