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Banesco is one of the first Venezuelan banks holding only Venezuelan capital. It was founded in 1977 as the Banco Agroindustrial Venezolano (Venezuelan Agroindustrial Bank), until it changed its name to Banco Financiero (Financial Bank) in 1987.
The chairman of Venezuela's top bank Banesco on Friday condemned the arrest of 11 executives and a 90-day state takeover of the lender as locals thronged cash machines and sped up transfers to ...
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Juan Carlos Escotet Rodríguez (born 1959) is a Spanish-Venezuelan billionaire banker and the founder of Banesco, the largest private financial institution in Venezuela.He is also CEO and shareholder (80 %) of Spanish bank Abanca, as well as president of Spanish football club Deportivo de La Coruña. [1]
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]
Grasso Vecchio is an investment adviser registered with the National Registry of Securities. He is director of Banesco, Banco Universal, founder and director of Softline management consultants, [3] and is on the board of directors of the Venezuelan Banking Association.
Banesco USA, a Miami bank focused on commercial lending in South Florida and Puerto Rico, has received a $250 million capital injection from the U.S. Treasury, which will allow it to increase ...
In December 2012 Venezuela's largest bank, Banesco, bought the largest stake in Banco Etcheverría by acquiring the 44.7% owned in the latter by nationalized Spanish bank Novagalicia Banco (NGB) and shares owned by the Etcheverría family. [5] After Banesco's entry, the following table reflects the voting rights: [citation needed]