News Venezuela Bank deposits: Venezuela puts 10% share of top state bank up for sale
The Venezuelan government has officially put up for sale up to 10 per cent of the shares of the country’s top state-owned bank. The Ministry of Economy, Finance and Foreign Trade said in a statement ...
News Venezuela Bank deposits: Venezuela puts 10 pct share of top state bank up for sale
"The Bank of Venezuela shows 169 percent growth in the public's deposits and has more than 15 million customers," it added. According to the ministry, the bank is "the top profit-making bank ...
News Venezuela Bank deposits: Bodyguards a status symbol amid Venezuela's crime and poverty
In a rich neighborhood east of Caracas, a bodyguard flashes his rifle as a private armored car with dark tinted windows speeds away under his intimidating watch. In the well-to-do neighborhoods of the capital, two-car convoys of armored 4X4s without number plates are a common sight, disregarding speed limits and red traffic lights.
News Venezuela Bank deposits: Colombia gas-links with Venezuela and joins Bank of the South
Colombia formally requested to join the regional multilateral development bank known as the Bank of the South. President Alvaro Uribe made the announcement on Friday during the inauguration of a gas pipeline which links Guajira in northern Colombia with Venezuela's Lake Maracaibo area.
News Venezuela Bank deposits: Venezuela: What is behind the new foreign exchange tax?
Last week, the reform of the Tax Law on Large Financial Transactions (LIGTF) came into force in Venezuela, which seeks to encourage the use of the local ...
News Venezuela Bank deposits: As Venezuela's economy regresses, crypto fills the gaps
In Venezuela, crypto is mainly used to hedge against inflation that causes bank deposits to sharply depreciate in weeks or even days. "Valiu buys and sells bitcoin instead of directly exchanging ...
News Venezuela Bank deposits: Canada, not Venezuela, the solution for U.S. energy security
By Deborah Jaremko Troy Media/Canadian Energy Centre The U.S. needs long-term solutions to replace energy imports from Russia. But rather than working to fast-track increased oil deliveries from ...
News Venezuela Bank deposits: Citigroup plans to sell US$ 1.6bn of Venezuelan gold held on collateral
Citigroup Inc plans to sell several tons of gold placed as collateral by Venezuela’s central bank on a US$ 1.6 billion loan after the deadline for repurchasing them expired this month, sources said Reuters, a setback for President Nicolas Maduro’s efforts to hold onto the country’s fast-shrinking reserves.
News Venezuela Bank deposits: The Venezuelan bolívar gains ground against the dollar, how can this be explained?
In recent weeks, the Venezuelan economy is showing signs of a behavior that until recently seemed unusual: the daily valuation of the dollar against the ...
News Venezuela Bank deposits: Banesco Banco
Banesco Banco Universal CA is a Venezuela-based banking institution. The Bank's services and products include saving and current accounts, fixed-term deposits, consumer and commercial loans ...
News Venezuela Bank deposits: Russian bank freezes Venezuela's oil company accounts, fearing US sanctions
Russian lender Gazprombank has frozen the accounts of Venezuelan state oil company PDVSA and halted transactions with the firm to reduce the risk of the bank falling under US sanctions ...
News Venezuela Bank deposits: Venezuela Still Dodging Creditors, Miner Says
Crystallex was awarded a $1.4 billion judgment against Venezuela by a World Bank tribunal after it found that the South ... containing one of the largest undeveloped gold deposits in the world.
News Venezuela Bank deposits: From interim to indefinite: The life and times of the caretaker government
Its original promise proved unfeasible long ago, but the alternative political body created in 2019 still stands. Here’s a timeline, from its enthusiastic origins to its murky present.
