Money transfers to Venezuela have registered a decrease of 55.8 %, as a result of the Covid-19 pandemic that affects the world. This was indicated by the economist Corina Fung, who also stressed that "people who reside in the country and whose income is precarious, have limited their spending to…
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dollars
IMF will maintain 6 % global growth forecast for 2021
Kristalina Georgieva, director of the IMF, stressed that the institution will maintain the precision of global economic growth for 2021 at 6 %, However, she considers it necessary to increase the vaccination process to be able to underpin…
Bancamiga Exchange Desk achieved first place in June for volume traded
One of Bancamiga's most widely accepted products has been the Exchange Desk, a financial mechanism that operates as a kind of auction through which currencies can be bought or sold legally and transparently, without intermediaries or…
Bitcoin from the government of El Salvador cannot be converted into dollars
The Minister of Finance of El Salvador, Alejandro Zelaya, reported that the 30 dollars in bitcoin that the government is going to grant to its citizens cannot be converted into fiat currency.
The government's intention is to encourage its…
Cuba temporarily suspends cash deposits in dollars
The Central Bank of Cuba decided to temporarily suspend, as of June 21st of this year, all deposits with dollars in cash in the entire banking network of the Caribbean nation. It will affect natural persons, nationals or foreigners and…
Decentralized Stock Exchange of Venezuela operates with more than 3,000 participants
The Decentralized Stock Exchange of Venezuela (BDVE) operates with more than 3 thousand 700 participants, as announced by the vice-president of the institution, José Ignacio Guarino, who also stated that out of 25 million people who live in…
Bancamiga Exchange Desk allows you to buy or sell currencies without intermediaries or surcharges
The Bancamiga Exchange Desk is a financial mechanism that operates as a kind of auction through which currencies can be bought or sold legally and transparently.
Without intermediaries or surcharges, the acquisition and sale of foreign…
Ecoanalítica: banking operations were reduced
According to the consulting firm Ecoanalítica, as payments with cash dollars grow in Venezuela, the use of the payment channels provided by the banking infrastructure also falls.
When evaluating the number of operations of each of the…
Bancamiga innovates in communications
Last year, Bancamiga Banco Universal broke schemes, becoming the first bank in Venezuela to get closer to its customers through the realization of a successful webinar, which is broadcast every Thursday through its digital channels.
To…
De facto dollarization increases inequality, affirmed José Guerra
According to the deputy of the National Assembly (AN) and economist, José Guerra, the de facto dollarization that is taking place in Venezuela is increasing social inequality by not taking place through official mechanisms.
Guerra…
Venezuela: Ron Santa Teresa’s full dollar debt issue was placed
«The 2020-I issue, series I, of commercial papers of the company C.A. Ron Santa Teresa, for $ 300,000.00, "wrote the Caracas Stock Exchange in a message on his Twitter account.
When announcing the issue, the company reported that the…
AKB Fintech suspends installation of ATMs in dollars in Venezuela
The AKB Fintech company announced that it will no longer place the ATMs in dollars, which it planned to install in several cities in Venezuela.
As indicated in a statement, one of the main reasons for the suspension is the "confusion" that…