BBVA signs on as official sponsor for River Plate
Participating in this sponsorship deal:
About Sponsor:
Banco Bilbao Vizcaya Argentaria, S.A. is a multinational Spanish banking group. It was formed in 1999 from the merger of Banco Bilbao Vizcaya and Argentaria, both of which in turn had previously amalgamated three important banks in Spain, namely Banco de Bilbao, Banco de Vizcaya, Banco Exterior de España and the state-owned Caja Postal de Ahorros, with other minor entities. BBVA is the second largest bank in Spain and 7th largest financial institution in the Western world with a market capitalization of over 61 billion €. The bank has recently focused on overseas expansion, and now operates in 40 countries. Like many other Spanish companies, it enjoys a dominant position in Spanish-speaking Latin American countries. It also has a strong presence in southern European countries, especially Portugal and Italy, and has announced its intention to expand into the United States and in Asia.
About Property:
Club Atlético River Plate is a professional Argentine sports club based in the Belgrano neighborhood of Buenos Aires. Many sports are practised at the club, River is best known for its professional football team, which won many of the most important football tournaments in the world, including Copa Libertadores, and the Intercontinental Cup.