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banks

The exchange rate for the official dollar in Venezuela this Wednesday, June 26, closes at 36.38 bolivars, according to the publication of the Central Bank. The regulatory entity establishes the amount that governs the entire territory on a daily basis at the close of operations at the exchange…
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Venezuela’s credit portfolio continues to grow

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,…

EU to demand that transfers in Europe be immediate

The European Chamber gave the green light to new regulations that will revolutionize the financial sector in the European Union (EU). These measures, adopted by a strong vote of 599 in favor, 7 against and 35 abstentions, will force banks…

The Fed launches FedNow digital payment system

The United States Federal Reserve launched a new digital payment system called FedNow, which will facilitate transactions for financial companies, service providers, among others. Since last June, various testers have been participating in…

The EU agrees on the reform of banking regulation

The European Union reached an interim agreement on banking regulatory reform to increase the resilience of banks operating in the Union and strengthen their supervision and risk management by finalizing the implementation of globally agreed…