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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.
Banesco Banco Universal C.A. is a Venezuelan financial institution whose principal branch is located in Caracas. The bank is part of the Asociación Bancaria de Venezuela (Venezuela's Banking Association). Banesco has 340 branches all over Venezuela, more than 115.000 POS and 1.377 ATMs. [1]
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 ...
Banco do Estado do Ceará (BEC); acquired by Banco Bradesco; Banco do Estado de Goiás (BEG); acquired by Banco Itaú; Banco do Estado do Maranhão (BEM); acquired by Banco Bradesco; Banco do Estado de Minas Gerais (Bemge); acquired by Banco Itaú; Banco do Estado da Paraíba (Paraiban); acquired by Banco Real, now Santander Brasil
100% Banco; Mercantil Banco; O. ... Banco de Venezuela; Venezuelan banking crisis of 1994; Venezuelan banking crisis of 2009–2010; W. Women's Development Bank
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.
The next year it acquired some of the assets of the Mercantile Bank of the Americas (est. 1915), including Mercantile's entire interest in the National Bank of Nicaragua, Banco Mercantil de Costa Rica, Banco Mercantil Americano del Peru, Banco Mercantil Americano de Caracas, and Banco Mercantil Americano de Colombia.