Provida
{{for|the mobile surveillance trade name|ProVida}}
{{more citations needed|date=September 2014}}
{{Infobox company|
name = Administradora de Fondos de Pensiones Provida S.A. |
logo =
type = Public (IPSA: [http://www.bolsadesantiago.com/web/bcs/preciosacciones?p_p_id=EXT_RESUMEN&p_p_action=0&p_p_state=maximized&p_p_mode=view&_EXT_RESUMEN_struts_action=%2Fext%2Fresumen%2Fview&_EXT_RESUMEN_redirect=&_EXT_RESUMEN_tabs=resumen_cuantitativo_accion&_EXT_RESUMEN_nemo=PROVIDA&_EXT_RESUMEN_backURL=http%3A%2F%2Fwww.bolsadesantiago.com%2Fweb%2Fbcs%2Fpreciosacciones%3Fp_p_id%3DEXT_LISTADO_ACCIONES%26p_p_action%3D0%26p_p_state%3Dnormal%26p_p_mode%3Dview%26p_p_col_id%3Dcolumn-2%26p_p_col_count%3D1%26_EXT_LISTADO_ACCIONES_keywords%3D%26_EXT_LISTADO_ACCIONES_advancedSearch%3Dfalse%26_EXT_LISTADO_ACCIONES_andOperator%3Dtrue%26_EXT_LISTADO_ACCIONES_indice%3DIPSA%26_EXT_LISTADO_ACCIONES_orderByCol%3Dnemo%26_EXT_LISTADO_ACCIONES_orderByType%3Dasc%26indice%3DIPSA%26orderByCol%3Dnemo%26orderByType%3Dasc%26cur%3D1 PROVIDA]
{{nyse|pvd}}) |
foundation = (1981)|
location = Santiago, Chile|
key_people =
Gregorio Ruiz-Esquide (CEO)|
industry = Pensions|
products =Pension fund manager|
num_employees =|
parent = MetLife|
revenue = {{profit}} US$352.6 million (2008)|
assets = {{profit}} US$33.0 billion (2008)|
homepage = [http://www.provida.cl/ www.provida.cl]
}}
AFP Provida or Administradora de Fondos de Pensiones Provida (English: Pension Fund Administrator Provida) is the pension fund manager leader in the Chilean Pension Fund.{{citation needed|date=May 2013}}
History
It was founded in 1981 under the eaves of Decree Law 3.500 in Chile launched a modern private pension system with the growing 59 branches nationwide,[http://www.bnamericas.com/company-profile/en/Administradora_de_Fondos_de_Pensiones_Provida_S,A,-AFP_Provida Branch] replicated in 10 years in Latin America countries (such as Mexico, Ecuador and Dominican Republic) and also in Eastern Europe.
In 1999, AFP Provida was purchased by Spanish financial group BBVA with a whole sale of $1.54 billion.[https://finance.yahoo.com/news/spains-bbva-completes-sale-chiles-063135664.html Acquirement]
In 2013, MetLife purchased BBVA's 64.3% stake in AFP Provida for approximately $1.54 billion.{{Cite web|url=http://www.bnamericas.com/en/news/insurance/metlife-acquires-bbva-interest-in-chiles-afp-provida|title = BNamericas - MetLife acquires BBVA interest in Chile's AF}}