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The bolívar is named after the hero of South American independence Simón Bolívar. The bolívar was adopted by the monetary law of 1879, replacing the short-lived venezolano at a rate of five bolívares to one venezolano. Initially, the bolívar was defined on the silver standard, equal to 4.5 g fine silver, following the principles of the ...
1861–1862 Banco de Venezuela. Banco de Venezuela was in operation from November 1, 1861 until November 30, 1862. It was established by the Páez government with a credit from the Treasury, and a capital of $4 million. It was commonly known as "Banco de la Dictadura". It issued promissory notes (vales) of 5 and 50 pesos dated February 1, 1862.
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 ...
Central Bank of 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 ). [4]
DolarToday was founded on May 18, 2010. It is headquartered in Miami, Florida, United States. Prior to the election of Nicolás Maduro in 2013, DolarToday was the second most popular exchange rate reference in Venezuela, behind Lechuga Verde. However, when a scandal caused the demise of Lechuga Verde, [4] DolarToday became the most popular ...
El Nacional is a Venezuelan publishing company under the name C.A. Editorial El Nacional, most widely known for its El Nacional newspaper and website. It, along with Últimas Noticias and El Universal, are the most widely read and circulated daily national newspapers in the country. In 2010, it had an average of 83,000 papers distributed daily ...
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.
BBVA Provincial (BVC: BPV) (formerly BBVA Banco Provincial) is a financial institution in Venezuela. History. Founded on October 15, 1953, in Caracas, Venezuela, as Banco Provincial with a capital of Bs. 15,000,000. In November 1996, Banco Provincial became the first universal bank in Venezuela by expanding its business objectives to include ...