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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 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 ]
Julio Martín Herrera Velutini (born 15 December 1971) is an Italian-Venezuelan billionaire businessman and founder of Britannia Financial Group. [1] He comes from one of the 20 Mantuan families that ruled the city of Caracas since the 17th century ( Los Amos del Valle ) [ 2 ] and remains the largest landholder in Venezuela.
Central Bank of Venezuela Building. The Central Bank of Venezuela (Spanish: Banco Central de Venezuela, BCV) is the central bank of Venezuela.It is responsible for issuing and maintaining the value of the Venezuelan bolívar and is the governing agent of the Venezuelan Clearing House System (including an automated clearing house).
The Venezuelan Economic and Social Development Bank (Spanish: Banco de Desarrollo Económico y Social de Venezuela, BANDES) is a Venezuelan federal public company, sanctioned by the US Department of Treasury, that is associated with the Ministry of Finance.
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He used those funds a year later, in 1993, to buy Banco Occidental de Descuento, based in the oil-rich state of Zulia. [1] Many of his clients are oil investors. [1] Another form of revenue comes from purchasing sovereign debt bonds and re-selling them for profit to investors. [1] As of 2015, it was the 14th largest private bank in Venezuela. [4]
BBVA's entry in Venezuela coincided with Hugo Chávez' presidential election. [1] Once Nicolás Maduro came to power in Venezuela, the bank's benefits dropped from 369 million euros in 2013 to -13 million euros in 2017. [1] While Banco Santander shut its Venezuelan operations in 2009, [1] BBVA chose to maintain theirs despite the economic ...