Venezuelan banking authority prohibits foreign currency for credit operations without authorisation
On 21 January 2021, the Office of the National Superintendent for Banking Sector...
Venezuela's financial system reported bolнvares 799bn (US$372m) in micro lending at the end of February this year, a 194% jump compared to the same time 2004, local consultancy Softline Consultores said in a report.
The sudden plunge in interest rates over the second half of 2003 has led to a resumption of corporate borrowing activity.
Venezuelan public and private sector banks will have to restructure the debts of small- and medium-sized enterprises (SMEs) that have been severely affected by the country's economic problems, business association Fedeindustria chairman Miguel Per