The president of the Venezuelan Banking Association, Pedro Pacheco, estimates loan portfolio growth of between 40% and 45 % thanks to strategies implemented by the banking sector to reactivate formal financing.
According to the official, “many economists and analysts say that this is insufficient…
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ABV
Venezuelan Banking Association warns of increased digital fraud
Cybercrimes in the Venezuelan financial system continue to increase, as warned by the country's Banking Association, highlighting identity theft and phishing as the most common methods.
Digital fraud cases are being carried out against…
Massification of credit in Venezuela will take time
In the opinion of Pedro Pacheco, president of the Banking Association of Venezuela (ABV), the massification of credit in the country will take time.
In an interview with Unión Radio on March 7, the president of the ABV indicated: "The…