In January 2024, the credit portfolio of Venezuelan banks experienced a slowdown in its growth. However, it maintained a significant upward trend, with expansions of 3.5 % compared to December and an impressive 215.5 % year-on-year, reaching a total of 54,651.69 million bolivars. In terms of…
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Microsoft will boost AI in Spain

Microsoft has ambitious plans to boost the development of Artificial Intelligence (AI) in Spain. According to Brad Smith, president of Microsoft, the company will invest 1.95 billion euros in this effort during the years 2024 and 2025. The…

Price of the BCV dollar this Monday, February 19

This Monday, February 19, the official dollar closes at 36.23 bolivars, according to the publication of the Central Bank of Venezuela. Venezuelan banking is subject to the parity between the dollar and the bolivar established by the BCV…

Argentina reached a surplus of $620 million

Argentina recorded a financial surplus of $620 million last January, the result of a primary surplus and the payment of interest on the public debt, according to official sources. This positive result is the first since August 2012 and the…