Browsing Tag

Venezuela

Sundde provides consumer complaint channels

Consumers have official channels of the National Superintendency for the Defense of Socioeconomic Rights (Sundde) throughout Venezuela to report charges in businesses that do not comply with the official dollar exchange rate published by…

Bancamiga’s total deposits increased by 214.41 %

Providing innovative services and products is one of the drivers of Bancamiga's growth, and which enabled it to increase its total deposits by 214.41 % in May 2025 compared to the same period in 2024. This increase allowed Bancamiga to…

OVF: Annualized inflation in May reached 229 %

The monthly inflation rate in Venezuela stood at 26 % last May, according to the Venezuelan Finance Observatory report. In April, the Venezuelan Finance Observatory placed this indicator at 18.4 %. According to the independent entity, the…