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Banco Occidental De Descuento
Banco Occidental de Descuento (BOD) (English: ''Western Discount Bank'') (WDB) was a Venezuelan bank. With around 6.6% of the Venezuelan market, it was Venezuela's fifth-largest bank in 2009. The owner of BOD is the Grupo Financiero BOD (English: BOD Financial Group), which is owned by Venezuelan businessman Victor Vargas. History The Banco Occidental de Descuento, S.A.C.A. (Sociedad Anónima de Capital Autorizado) (English: Authorized Capital Stock Company) was born in October 1956 with a view to supporting the activity of the commercial, oil industry and agricultural sector in the center-west of the country. The signing of the constitutive act was carried out on January 8, 1957, to begin its commercial operations on July 26, 1957 with an office located on Calle Comercio in the center of Maracaibo, and a capital of 20 million bolívares distributed in 40 thousand registered shares.10 Its first board of directors was then formed by Francisco Morillo Romero, as president; and Jos ...
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Maracaibo
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Allbank Panama
Banco Occidental de Descuento (BOD) (English: ''Western Discount Bank'') (WDB) was a Venezuelan bank. With around 6.6% of the Venezuelan market, it was Venezuela's fifth-largest bank in 2009. The owner of BOD is the Grupo Financiero BOD (English: BOD Financial Group), which is owned by Venezuelan businessman Victor Vargas. History The Banco Occidental de Descuento, S.A.C.A. (Sociedad Anónima de Capital Autorizado) (English: Authorized Capital Stock Company) was born in October 1956 with a view to supporting the activity of the commercial, oil industry and agricultural sector in the center-west of the country. The signing of the constitutive act was carried out on January 8, 1957, to begin its commercial operations on July 26, 1957 with an office located on Calle Comercio in the center of Maracaibo, and a capital of 20 million bolívares distributed in 40 thousand registered shares.10 Its first board of directors was then formed by Francisco Morillo Romero, as president; and Josà ...
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Venezuelan Companies Established In 1957
Venezuela (; ), officially the Bolivarian Republic of Venezuela ( es, link=no, República Bolivariana de Venezuela), is a country on the northern coast of South America, consisting of a continental landmass and many islands and islets in the Caribbean Sea. It has a territorial extension of , and its population was estimated at 29 million in 2022. The capital and largest urban agglomeration is the city of Caracas. The continental territory is bordered on the north by the Caribbean Sea and the Atlantic Ocean, on the west by Colombia, Brazil on the south, Trinidad and Tobago to the north-east and on the east by Guyana. The Venezuelan government maintains a claim against Guyana to Guayana Esequiba. Venezuela is a federal presidential republic consisting of 23 states, the Capital District and federal dependencies covering Venezuela's offshore islands. Venezuela is among the most urbanized countries in Latin America; the vast majority of Venezuelans live in the cities of the nort ...
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Companies Listed On The Caracas Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Banks Established In 1957
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Banks Of Venezuela
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Dominican Republic
The Dominican Republic ( ; es, República Dominicana, ) is a country located on the island of Hispaniola in the Greater Antilles archipelago of the Caribbean region. It occupies the eastern five-eighths of the island, which it shares with Haiti, making Hispaniola one of only two Caribbean islands, along with Saint Martin, that is shared by two sovereign states. The Dominican Republic is the second-largest nation in the Antilles by area (after Cuba) at , and third-largest by population, with approximately 10.7 million people (2022 est.), down from 10.8 million in 2020, of whom approximately 3.3 million live in the metropolitan area of Santo Domingo, the capital city. The official language of the country is Spanish. The native Taíno people had inhabited Hispaniola before the arrival of Europeans, dividing it into five chiefdoms. They had constructed an advanced farming and hunting society, and were in the process of becoming an organized civilization. The Taínos also in ...
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Curaçao
Curaçao ( ; ; pap, Kòrsou, ), officially the Country of Curaçao ( nl, Land Curaçao; pap, Pais Kòrsou), is a Lesser Antilles island country in the southern Caribbean Sea and the Dutch Caribbean region, about north of the Venezuela coast. It is a constituent country of the Kingdom of the Netherlands. Together with Aruba and Bonaire, it forms the ABC islands. Collectively, Curaçao, Aruba, and other Dutch islands in the Caribbean are often called the Dutch Caribbean. Curaçao was formerly part of the Curaçao and Dependencies colony from 1815 to 1954 and later the Netherlands Antilles from 1954 to 2010, as Island Territory of Curaçao ( nl, Eilandgebied Curaçao, links=no, pap, Teritorio Insular di Kòrsou, links=no), and is now formally called the Country of Curaçao. It includes the main island of Curaçao and the much smaller, uninhabited island of Klein Curaçao ("Little Curaçao"). Curaçao has a population of 158,665 (January 2019 est.), with an area of ; its ...
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Antigua And Barbuda
Antigua and Barbuda (, ) is a sovereign country in the West Indies. It lies at the juncture of the Caribbean Sea and the Atlantic Ocean in the Leeward Islands part of the Lesser Antilles, at 17°N latitude. The country consists of two major islands, Antigua and Barbuda, approximately apart, and several smaller islands, including Great Bird, Green, Guiana, Long, Maiden, Prickly Pear, York, and Redonda. The permanent population is approximately 97,120 ( est.), 97% residing in Antigua. St. John's, Antigua, is the country's capital, major city, and largest port. Codrington is Barbuda's largest town. In 1493, Christopher Columbus reconnoitred the island of Antigua, which he named for the Church of Santa María La Antigua.Crocker, John. "Barbuda Eyes Statehood and Tourists". ''The Washington Post''. 28 January 1968. p. E11. Great Britain colonized Antigua in 1632 and Barbuda in 1678. A part of the Federal Colony of the Leeward Islands from 1871, Antigua and Barbuda joi ...
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Panama
Panama ( , ; es, link=no, Panamá ), officially the Republic of Panama ( es, República de Panamá), is a transcontinental country spanning the southern part of North America and the northern part of South America. It is bordered by Costa Rica to the west, Colombia to the southeast, the Caribbean Sea to the north, and the Pacific Ocean to the south. Its capital and largest city is Panama City, whose metropolitan area is home to nearly half the country's million people. Panama was inhabited by indigenous tribes before Spanish colonists arrived in the 16th century. It broke away from Spain in 1821 and joined the Republic of Gran Colombia, a union of Nueva Granada, Ecuador, and Venezuela. After Gran Colombia dissolved in 1831, Panama and Nueva Granada eventually became the Republic of Colombia. With the backing of the United States, Panama seceded from Colombia in 1903, allowing the construction of the Panama Canal to be completed by the United States Army Corps of En ...
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Zulia
Zulia State ( es, Estado Zulia, ; Wayuu: ''Mma’ipakat Suuria'') is one of the 23 states of Venezuela. The state capital is Maracaibo. As of the 2011 census, it has a population of 3,704,404, the largest population among Venezuela's states. It is also one of the few states (if not the only one) in Venezuela in which voseo (the use of ''vos'' as a second person singular pronoun) is widespread. The state is coterminous with the eponymous region of Zulia. Zulia State is in northwestern Venezuela, bordering Lake Maracaibo, the largest body of water of its kind in Latin America. Its basin covers one of the largest oil and gas reserves in the Western Hemisphere. Zulia is economically important to the country for its oil and mineral exploitation, but it is also one of the major agricultural areas of Venezuela, highlighting the region's contribution in areas such as livestock, bananas, fruits, meat, and milk. Toponymy There are several competing theories about the origin of the sta ...
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Venezuela
Venezuela (; ), officially the Bolivarian Republic of Venezuela ( es, link=no, República Bolivariana de Venezuela), is a country on the northern coast of South America, consisting of a continental landmass and many islands and islets in the Caribbean Sea. It has a territorial extension of , and its population was estimated at 29 million in 2022. The capital and largest urban agglomeration is the city of Caracas. The continental territory is bordered on the north by the Caribbean Sea and the Atlantic Ocean, on the west by Colombia, Brazil on the south, Trinidad and Tobago to the north-east and on the east by Guyana. The Venezuelan government maintains a claim against Guyana to Guayana Esequiba. Venezuela is a federal presidential republic consisting of 23 states, the Capital District and federal dependencies covering Venezuela's offshore islands. Venezuela is among the most urbanized countries in Latin America; the vast majority of Venezuelans live in the cities of the n ...
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