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In 1982, the Mercantil Tower skyscraper was built as the new bank headquarter's. In 1994, it was not really affected by the economic crisis in Venezuela. In 2000, Mercantil bought a lot of financial and insurance institutions as Interbank, Venezolana Entidad de Ahorro y Préstamo, Banco Monagas, Seguros Orinoco, among others.
Mercantil Servicios Financieros (Mercantil) is a Venezuelan holding company of financial services present in 9 countries in America and Europe.Its shares are listed on the Caracas Stock Exchange (MVZ.A and MVZ.B) [1] and it maintains a Level 1 American Depositary Receipt program (ADR) in the over-the-counter market (OTC) in the United States of America (MSFZY and MSFJY3) [2].
Central Bank of Venezuela: Central bank [1] Caracas [2] 1939 [3] Banco Bicentenario: State-owned Caracas: 2009 Banco Industrial de Venezuela: State-owned Caracas: 1937 2016 Banco de Venezuela: Privately owned Caracas: 1890 Banesco: Publicly traded Caracas: 1992 [4] Mercantil Banco: Privately owned Caracas: 1925 BBVA Provincial: Publicly traded ...
Venezuela portal Subcategories. This category has only the following subcategory. ... Mercantil Banco; O. ... Banco de Venezuela; Venezuelan banking crisis of 1994 ...
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.
Banco do Estado de Santa Catarina (BESC); acquired by Banco do Brasil; Banco do Estado de São Paulo ; acquired by Santander Brasil; HSBC Bank Brasil; Brazilian operations acquired by Banco Bradesco; Banco Mercantil Finasa; acquired by Banco Bradesco; Banco Meridional; acquired by Banco Bozano Simonsen, later merged with Santander Brasil
Banesco has 340 branches all over Venezuela, more than 115.000 POS and 1.377 ATMs. [1] With more than six million clients, Banesco currently is the largest private banking business in Venezuela and the second among all, with a market quota of [null 21.32%] on total assets and [null 18.3%] on credit portfolio. [2]
The Mercantil Tower (also known as the Mercantil Building) is a skyscraper located in the Venezuelan city of Caracas, is known for being the fourth tallest tower in the city and the country with 179 m in height and 40 floors, is located at Avenida Andres Bello, Candelaria Parish of Libertador municipality northwest of the capital.