Sale in Colombia

RNS Number : 7364C

Banco Bilbao Vizcaya Argentaria SA

18 April 2013

 

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), in compliance with the Securities Market legislation, hereby communicates the following:

RELEVANT INFORMATION

In furtherance of the relevant information announced to the markets on December 24, 2012, after having obtained the necessary approvals, BBVA announces that it has completed today the sale of its total stake in the Colombian company "BBVA Horizonte Sociedad Administradora de Fondos de Pensiones y Cesantías S.A." to Grupo Aval Acciones y Valores, S.A. and its affiliates Banco de Bogotá S.A., Banco de Occidente S.A. and Porvenir S.A.

The adjusted total price is US$ 541.4 million. The capital gain net of taxes arising from the transaction amounts to approximately € 263 million.

Madrid, April 18, 2013

 

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