Venezuela-The Bicentennial will focus on giving credit to the poor
As of yesterday, the Bank began operations Bicentennial, the new financial tool of the administration of President Hugo Chávez, which should focus on lending to the poor and to encourage housing construction and other sectors of the economy.
The President,
Hugo Chávez,
yesterday gave the first mortgage loans from the Bank's bicentenary.
"I want to start making loans because banks are for that. Let's start giving mortgage loans to a group of people who had sought loans and private banks rejected them because private banks tend to give credit to the rich, the poor sometimes not allowed to enter the banks, the unbanked are called, that person is not bankable, as if it were anybody, "said the president.
The President called on the financial system to act as an agent of financial intermediation and clear response to customer resources and warned that if they are forced to act against the private banks, "no one has the slightest doubt that act ".
Chavez rejected critics of the banking measures taken by the Government. "Burghers of shoddy (...) There you with their lies. Picame cock to see who holds more," the president said in nationally broadcast ceremony.
The Bicentennial Bank is a merger between Banfoandes, Central, Bolivar and Confederate.
The Superintendent of Banks, Edgar Hernandez Behrens, said the bicentennial has a network of 387 offices nationwide, 407 ATMs and 132 external lockers. Initially, labor has a mass of 5 thousand 878 workers who will serve more than one million 60 thousand customers, using the technology platform Banfoandes. The Bicentennial joins Venezuela banks, Industrial, Agricultural and Treasury, forming the first banking group in the country.
By bringing together all the pieces of the puzzle, the state controls 25% of total deposits, has extensive distribution network comprised of 818 agencies in the payroll and has 17 thousand 096 workers, a quantity which represents 23% of all people working for the banking sector.
COST
Edgar Hernandez Behrens pointed out that in order for the Bank to comply with regulations Bicentennial of the Superintendent, is scheduled to receive an injection of 2 thousand 300 million Bolivars. According to the rules, the assets of financial institutions must account for at least 8% of assets.
Initially the government said the lost capital of the entities that bind to Banfoandes. In the case of Confederate Bank is strong bolivar 51.04 million, Central Bank 25.5 million and Bolivar, 16.1 for a total of 92.7 million, which the official exchange rate represents 43 million .
PROCESS STARTED THE EMPLOYMENT INSURANCE PREVISORA
Yesterday began the process of occupation of Seguros La Previsora, one of the assets of intervened financial institutions, Central Bank and Baninvest Universal.
The announcement was made by President Hugo Chávez during the opening ceremony of the Bicentennial Universal Bank. "Today we began the process of occupation of the headquarters of Seguros La Previsora to be evaluated," he said.
In this regard, the President called on employees and customers of the insurance institution to remain calm and trust in government action, through the appropriate bodies.
"I make an appeal to workers and customers Seguros La Previsora to not get carried away by rumors destabilizing and scary as those issued by a TV station that is not worth mentioning and destabilizing trade. Trust in the efficient functioning of this Government that works and makes decisions to defend the interests of the people, "he said.
"I want to start making loans because banks are for that. Let's start giving mortgage loans to a group of people who had sought loans and private banks rejected them because private banks tend to give credit to the rich, the poor sometimes not allowed to enter the banks, the unbanked are called, that person is not bankable, as if it were anybody, "said the president.
The President called on the financial system to act as an agent of financial intermediation and clear response to customer resources and warned that if they are forced to act against the private banks, "no one has the slightest doubt that act ".
Chavez rejected critics of the banking measures taken by the Government. "Burghers of shoddy (...) There you with their lies. Picame cock to see who holds more," the president said in nationally broadcast ceremony.
The Bicentennial Bank is a merger between Banfoandes, Central, Bolivar and Confederate.
The Superintendent of Banks, Edgar Hernandez Behrens, said the bicentennial has a network of 387 offices nationwide, 407 ATMs and 132 external lockers. Initially, labor has a mass of 5 thousand 878 workers who will serve more than one million 60 thousand customers, using the technology platform Banfoandes. The Bicentennial joins Venezuela banks, Industrial, Agricultural and Treasury, forming the first banking group in the country.
By bringing together all the pieces of the puzzle, the state controls 25% of total deposits, has extensive distribution network comprised of 818 agencies in the payroll and has 17 thousand 096 workers, a quantity which represents 23% of all people working for the banking sector.
COST
Edgar Hernandez Behrens pointed out that in order for the Bank to comply with regulations Bicentennial of the Superintendent, is scheduled to receive an injection of 2 thousand 300 million Bolivars. According to the rules, the assets of financial institutions must account for at least 8% of assets.
Initially the government said the lost capital of the entities that bind to Banfoandes. In the case of Confederate Bank is strong bolivar 51.04 million, Central Bank 25.5 million and Bolivar, 16.1 for a total of 92.7 million, which the official exchange rate represents 43 million .
PROCESS STARTED THE EMPLOYMENT INSURANCE PREVISORA
Yesterday began the process of occupation of Seguros La Previsora, one of the assets of intervened financial institutions, Central Bank and Baninvest Universal.
The announcement was made by President Hugo Chávez during the opening ceremony of the Bicentennial Universal Bank. "Today we began the process of occupation of the headquarters of Seguros La Previsora to be evaluated," he said.
In this regard, the President called on employees and customers of the insurance institution to remain calm and trust in government action, through the appropriate bodies.
"I make an appeal to workers and customers Seguros La Previsora to not get carried away by rumors destabilizing and scary as those issued by a TV station that is not worth mentioning and destabilizing trade. Trust in the efficient functioning of this Government that works and makes decisions to defend the interests of the people, "he said.
RBV.info
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