Browsing Tag

loans

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,…

World Bank grant important loan to Ecuador

The executive board of the World Bank granted a loan of 700 million dollars in favor of Ecuador, with the objective that the country allocate resources to support the fight against Covid-19, promote economic growth, job creation and climate…

Maduro authorizes credits in foreign currency

Venezuelan President Nicolás Maduro assured that he instructed Vice President Delcy Rodríguez to authorize credits in foreign currency within public banks. "I believe that the time has come to give credits in public banks in foreign…