Latest articles from Venezuela

Winners and Losers in LATAM

June 4, 2009

Some of the multilateral development banks in the Latin Americas region are proving stellar sources of funding at this time of crisis, although others are lagging behind with depleted reserves. Writer Jane Monahan

Chávez takes on banking sector

September 1, 2008

President Hugo Chávez’s decision to nationalise Banco de Venezuela has come at a time when government-bank relations are uneasy following a Ministry of Finance crackdown on foreign exchange controls. Writer Jane Monahan.

Playing ball with Chávez

September 3, 2007

Banks that co-operate with Venezuela’s government can make good profits, but some fear a total takeover of the banking system is the true game plan. John Rumsey explains.

Investors weigh up possibility of default

July 2, 2007

If Venezuela bows out of the multilateral lending agencies, as the president has mooted, bondholders could be in for a mini windfall. John Rumsey reports.

Banks thriving despite Chávez bravado

March 5, 2007

Venezuela’s president may shock with his ‘socialist’ pronouncements but the banking sector is not worried.

Icelandic masterclass in the art of good public relations

June 5, 2006

Under pressure from rating agencies, Reykjavik’s top financial brass politely make their case – unlike Venezuela’s premier Hugo Chávez.

US seeking antidote to the Chávez effect

April 3, 2006

Venezuelan president Hugo Chávez’s anti-US stance is causing consternation in Washington, says Peter Hakim.


January 2, 2006

Banco Mercantil
Gustavo Marturet, President

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