Banking & Finance
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Veneconomía (2006) | Disputed Law

Last week, José Guerra, Orlando Ochoa, Jesus Rojas and Oscar Garcia Mendoza demanded before the Constitutional Chamber of the Supreme Court the annulment of Articles 113 and 114 of the Law of the Central Bank together with the transient provision that “ordered” the BCV (Central Bank of Venezuela) transfer $

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Banking & Finance
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Veneconomía (2004) | Venezuelan banking: trapped without exit?

Banks are going through a good time thanks to the high monetary liquidity existing and arising from exchange control and placement of the government securities of the National Public Debt (DPN). The State has become the primary client and debtor, while it has begun to lose its rationale: financial intermediation.

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