Banco Bicentenario is a bank based in
Caracas
Caracas (, ), officially Santiago de León de Caracas, abbreviated as CCS, is the capital and largest city of Venezuela, and the center of the Metropolitan Region of Caracas (or Greater Caracas). Caracas is located along the Guaire River in the ...
. It was created in late 2009 through the merger with the existing state-owned bank Banfoandes, the banks Bolívar, Central and Confederado and after BaNorte Bank, nationalised as a result of the
2009 banking crisis. The new bank holds around 20% of Venezuelan bank deposits.
['']Venezuelanalysis.com
Venezuelanalysis is a pro-Bolivarian Revolution website Also available aZnet./ref> that describes itself as "an independent website produced by individuals who are dedicated to disseminating news and analysis about the current political situation ...
'', 22 December 2009
Venezuela Merges Nationalised Banks to Form New Bicentenary Bank
/ref>
See also
* Venezuelan banking crisis of 1994 The 1994 banking crisis occurred in Venezuela when a number of the banks of Venezuela were taken over by the government. The first to fail, in January 1994, was Banco Latino, the country's second-largest bank. Later, two banks accounting for 18% of ...
* http://www.bicentenariobu.com.ve/
References
2
Banco Bicentenario
has funded 220,000 rewarding projects in three decades.
Bicentenario
Government-owned companies of Venezuela
Banks established in 2009
Venezuelan companies established in 2009
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