PVD
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Administradora de Fondos de Pensiones Provida S.A.
(NYSE:PVD)
(Santiago:PROVIDA)
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Avenida Pedro de Valdivia 100, Providencia 751-0185 Santiago, Chile Tel. +56-2-351-1200 Fax +56-2-363-1986 |
Type: Public
On the web:
http://www.bbvaprovida.cl
Employees:
1,350
Employee growth: 1.2%
Administradora de Fondos de Pensiones Provida (AFP Provida) has a green thumb when it comes to growing pensions -- it is the largest private pension funds management company (AFP) in Latin America with approximately Ch$18 trillion ($35 billion) in assets under management. (Chile's social security system was privatized in 1981, and workers are now required to pay into AFPs.) The company has about 2 million customers and more than 80 offices throughout the nation. It also operates in Peru, Ecuador, and Mexico. Spanish banking behemoth BBVA owns BBVA Provida.
Key numbers for fiscal year ending December, 2011:
Sales: $313.3M
One year growth: (12.4%)
Net income: $165.0M
Income growth: (14.8%)
Officers:
Chairman: Joaquin V. Ruiz-Tagle
CEO: Ricardo Rodriguez Marengo
COO: Eduardo Vidal Pérez
Competitors:
Banamex
Banco de Chile
Banco Santander Chile
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PVD may refer to:
- IATA code for T. F. Green Airport, Warwick, Rhode Island
- Amtrak station code for Providence Station, Providence, Rhode Island
- Peripheral vascular disease
- Personal Video Disk
- Physical vapor deposition
- Plan Video Display, a radar screen also known as a scope
- Posterior vitreous detachment
- Principal visual direction
- Paul van Dyk, German trance DJ and producer
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