This Monday it was learned that the Banco Nacional de Crédito, chaired by Jorge Luis Nogueroles García, closed on Friday, March 4, the purchase of the healthy assets of the financial group Banco Occidental de Descuento, BOD.
According to the information disseminated through social networks and…
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national banking system
ABV alerts regarding illiquidity in banks and requests the BCV to review the legal reserve
The Venezuelan Banking Association (ABV) alerted the Central Bank of Venezuela (BCV) about the difficult liquidity situation facing the banking system and requested the revision of the legal reserve rate of 93% and other measures that…
Maduro ratified the go-ahead and defended the use of accounts in convertible currencies
The Venezuelan ruler, Nicolás Maduro, announced during the presentation of his Report and Account before the new Parliament on Tuesday, January 12, that the opening of accounts in convertible currencies, at all levels, will be allowed so…
Electronic transactions and economic digitization are strategic for Venezuela
"In 2021, emphasis will be placed on strengthening electronic transactions and the digital economy", stressed the senior official.
Members of Nicolás Maduro's administration participated this Friday, January 8, in a meeting with the…
Maduro will authorize Venezuelan banks to create foreign currency accounts
Venezuelan President Nicolás Maduro announced that his administration will authorize Venezuelan banks to create accounts for payment in foreign currency and reiterated that the country is heading "towards a 100% digital economy."
“We are…
BCV urged banks to stop services and payment operations in foreign currency
The Central Bank of Venezuela (BCV) issued a statement on Friday, October 9, in which it establishes the suspension of banking products or services that facilitate payments for goods and services in foreign currency in the country.
In the…
Bancamiga offers alternatives to mobilize currencies
The spokespersons for Bancamiga Banco Universal explain that the financial institution offers the International Debit Card associated with the Cash Account and the Account in Foreign Currency to meet the demands of those who carry out…
Bancamiga increases mobile payments limit
Bancamiga Banco Universal increased the daily amounts allowed for operations through interbank mobile payment to individuals (P2P) to Bs. 10,000,000 and interbank mobile payment to businesses (P2C) to Bs. 20,000,000.
With this initiative…
Visa, MasterCard and American Express authorized to operate in Venezuela
According to the information released by the Treasury Department, the US authorized Visa, MasterCard, American Express, Western Union and Moneygram to continue operations with Venezuelan public banks such as Banco de Venezuela, Banco del…
Bancamiga increases its market share in deposits through electronic channels
Bancamiga Banco Universal, Venezuelan bank, continues its growth and does so close to its customers. The bank takes into account their needs by reinforcing the elements that constitute a relationship that goes beyond the interest of the…