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 solution to the lack of credit in Venezuela involves stabilizing…
Read More...
Browsing Tag
financing
IMF seeks consensus to avoid US administrative closure
In an urgent call, the International Monetary Fund (IMF) urged Democrats and Republicans on September 28 to reach a consensus and thus avoid the closure of the US Administration.
Julie Kozack, director of communications at the IMF, in a…
Ukraine will ask the US for financing to face its war
Ukraine will ask for between $12 billion and $14 billion from the United States in 2024 to cover expenses resulting from the Russian invasion and the slow progress of the Ukrainian counteroffensive.
"Talks have not yet been opened. There…
Sergio Massa announces a $1.3 billion loan for Argentina
In a prominent day in Washington, the Argentine Minister of Economy and candidate for the presidency, Sergio Massa, revealed that he had obtained loans for a total of 1.3 billion dollars from the World Bank and the IDB, for the benefit of…
Argentina expects to raise 2 billion with the agricultural dollar
Argentina will implement economic measures to raise 2 billion dollars and avoid defaulting on its million-dollar debt refinancing agreement signed with the International Monetary Fund (IMF) in 2022.
These measures include the creation of a…
The robust, splendid and technological truck Palisade of Hyundai
A fundamental part in terms of variety and quality of the catalog of models designed, produced and marketed by Hyundai are its trucks. It has a wide portfolio made up of the Tucson, Santa Fe, Santa Cruz, Kona, which is its electric bet, and…
Bancamiga Móvil begins its journey banking more Venezuelans
Bancamiga Móvil begins its journey throughout the country to bank more Venezuelans. From May 18 to Tuesday 23, Bancamiga will be present at the Petare Metro station, in Plaza El Cristo (roundhouse) and in the Giorgio building (Centro…
Argentina will receive financing from the IDB for USD 235 million
Argentina signed this Friday with the Inter-American Development Bank (IDB) a financing program for key areas of the local economy, for the amount of USD 235 million.
The meeting between the Minister of Economy of Argentina, Sergio Massa,…
Sports industry clings to cryptocurrencies to gain followers
The world of finance changed with the birth of cryptocurrencies. The world of sports is no stranger to these exchange tools; in fact, at present, they are strong allies.
But this 'pact' is not accidental. The sports industry needed a…
World Bank approves 200 million dollars for Ecuador
The Executive Board of the World Bank approved an additional credit for 200 million dollars to finance the Social Protection Systems project in Ecuador with the objective of reducing malnutrition in "pregnant women and children under 24…
Musk changes the conditions to buy Twitter
Entrepreneur Elon Musk, founder and CEO of Tesla and SpaceX, decided to modify the sources of financing with which he aspires to pay for the purchase of the social network Twitter for nearly 44,000 million dollars, as reported after the…
CAF would finance projects for the recovery of Venezuela
The Development Bank of Latin America (CAF) is in negotiations with officials of the Venezuelan Government in order to finalize the financing of different projects in the health, infrastructure and education sectors.
This was reported by…