BBVA Unit Not For Sale
Banco Bilbao Vizcaya Argentaria's Venezuelan bank is denying sale claims.
NEW YORK (
) --
Banco Bilbao Vizcaya Argentaria
(BBVA)
's Venezuelan unit is not up for sale.
According to a report by
The Wall Street Journal
and the ,
bank's website,
BBVA Banco Provincial is denying claims that it is being put up for sale for $2 billion.
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The report that the bank was for sale came from journalist Jose Vicente Rangel, a friend of President Hugo Chavez, according to published reports.
--Written by Maria Woehr in New York.
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