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…