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, reaching a total of 54,651.69 million bolivars.
In terms of…
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Venezuelan liquidity registers its lowest weekly rise
According to these data, the increase in the amount of money in circulation accumulates two weeks in less than two digits. This behavior was not evident in the country since March due to blackouts and electricity rationing.
However, so far…
Luis Bárcenas: “Banks will now have less Bs.S to lend”
Within the framework of new economic measures, the Central Bank of Venezuela applied a new banking reserve in less than one month. On this occasion, the entity decided to apply 60%.
As established in the statement regarding this action, it…