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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]
Central Bank of Venezuela. Central bank [1] Caracas [2] 1939 [3] Banco Bicentenario. State-owned. Caracas. 2009. Banco Industrial de Venezuela.
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 ).
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.
In June 2010 Banco Federal, the country's 11th-largest bank, with deposits of 7.66 billion bolivars, or 2.82 percent of total deposits in the banking system, was taken over by Venezuela's banking regulator.
Hyperinflation in Venezuela is the currency instability in Venezuela that began in 2016 during the country's ongoing socioeconomic and political crisis. [3] Venezuela began experiencing continuous and uninterrupted inflation in 1983, with double-digit annual inflation rates. Inflation rates became the highest in the world by 2014 under Nicolás ...
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.
Nationality. Venezuelan. Alma mater. University of Zulia. Columbia University. Rice University. Profession. Engineer, diplomat. Calixto José Ortega Sánchez is a Venezuelan engineer and diplomat who currently serves as the President of the Central Bank of Venezuela since 19 June 2018.