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The Banco Nacional de Crédito (BNC) is a financial institution Venezuelan with private capital specialized in universal banking. It is headquartered in the El Rosal sector of Caracas . According to the ranking of SUDEBAN, it falls within the Medium Stratum in terms of bank size. Its founding president is Jorge Nogueroles, [1] who long before ...
The 2009–2010 banking crisis occurred in Venezuela when a number of the banks of Venezuela were taken over by the government, after "the revelation that several banks owned by Hugo Chavez supporters were in financial trouble after engaging in questionable business practices. Some were seriously undercapitalized, others were apparently lending ...
The Puntofijo Pact (or Punto Fijo Pact) was a formal arrangement arrived at between representatives of Venezuela's three main political parties in 1958, Acción Democrática (AD), COPEI (Social Christian Party), and Unión Republicana Democrática (URD), for the acceptance of the 1958 presidential elections and the preservation of the new democratic system.
Banco de Venezuela (abbreviated: BDV) is an international universal bank based in Caracas. It was the market leader in Venezuela until 2007, when it fell to third place, with an 11.3% market share for deposits; its major competitors are Banesco, Banco Mercantil and BBVA Banco Provincial. [1] As of June 2008, it had 285 branches in Venezuela.
www .venezolano .com. Venezolano de Crédito (Venezuelan of Credit, in English) ( BVC: BVE) is a Venezuelan bank based in Caracas, Venezuela. Founded in 1925, it is the oldest private bank. Currently, the Bank has a network of 71 branches, 55 of which are conventional, 12 are located within the premises of the most important corporations in ...
Banco de Caracas was founded in July 1876, reorganized on 11 August 1877, and dissolved on 27 March 1881. It made two issues of notes for 5, 20, and 100 venezolanos. The bank's first series (circa 1876) was printed by American Bank Note Company. The notes were uniface black on white with a tan underprint reading "CAPITAL 160,000 VENEZOLANOS".
Central Bank of VenezuelaBanco Central de Venezuela. The Central Bank of Venezuela ( Spanish: Banco Central de Venezuela, BCV) is the central bank of Venezuela. It maintains a fixed exchange rate for the Venezuelan bolívar and since 1996 is the governing agent of the Venezuelan Clearing House System (including an automated clearing house ).
The 1994 banking crisis occurred in Venezuela when a number of the banks of Venezuela were taken over by the government. The first to fail, in January 1994, was Banco Latino, the country's second-largest bank ($1.3 billion bailout [1] ). Later, two banks accounting for 18% of total deposits ( Banco Consolidado and Banco de Venezuela) also failed.