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The bank is a member of the Banking Association of Venezuela and their mascot is Baneskín "El Pana de Ahorro" (The Savings 'Buddy'). Banesco's Caracas headquarters, Ciudad Banesco, at 65,000 m 2, is second Latin America's largest bank headquarters after brazilian bank Bradesco Headquarters.
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By 1937, 36 out of 50 bank branches in Mexico were owned by Banamex. [3] Banamex gradually introduced several financial product innovations to the Mexican market including the first credit cards in 1968 [4] and an ATM banking system in 1972. [5] In 1977, Grupo Banamex was formed by merging the bank with its investment and mortgage assets. [3]
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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]
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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]