December 20, 2018 / 6:25 AM / 6 months ago

BRIEF-BBVA Studies Selling Its Car Loan Business In Chile

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

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

Nuestros Estándares:Los principios Thomson Reuters
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