Point-of-sale operations in businesses in La Guaira, Venezuela, will be exempt from paying commissions for 90 days, according to the Venezuelan Banking Association (Asobanca).
In a press release, the association indicated: "The majority of private banks in the country have decided to exempt…
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Banking Association of Venezuela
Digital transactions in Venezuela are about to reach a 100 %
Venezuela continues to advance in the application of digital technology in its banking system, where transactions in this modality are at 99.1 %.
The president of the Venezuelan Banking Association, Pedro Pacheco: “We are in an…
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…
Banking Association of Venezuela appoints Pedro Pacheco Rodríguez as new president
The new executive president of the Venezuelan Banking Association, ABV, is Pedro Pacheco Rodríguez, a professional with extensive experience in the national financial circle.
Pacheco will be in charge of the executive presidency for one…
ABV alerts regarding illiquidity in banks and requests the BCV to review the legal reserve
The Venezuelan Banking Association (ABV) alerted the Central Bank of Venezuela (BCV) about the difficult liquidity situation facing the banking system and requested the revision of the legal reserve rate of 93% and other measures that…