Banco de Venezuela SACA
BBVCA:BVL2,197.00
VES
+50.00
(+2.33%)
Banco de Venezuela SACA
BVCA:BVL
(Caracas Stock Exchange)
Recent
price
2,197.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- Banco de Venezuela SACA is a universal banking institution that provides commercial, retail, corporate, and institutional financial services throughout the Bolivarian Republic of Venezuela. Founded in 1890 and headquartered in Caracas, Venezuela, the bank operates as the country's largest financial institution by assets and deposits, serving individual consumers, small and medium-sized enterprises, large commercial corporations, and public sector entities across an extensive nationwide network of retail branches, automated teller machines, and electronic banking platforms. The company offers a comprehensive range of financial products and services, including deposit products such as demand deposit accounts, savings accounts, local and foreign currency checking accounts, payroll accounts, time deposits, and certificates of deposit; credit and lending solutions such as personal loans, commercial working capital lines, microcredit facilities, agricultural loans, mortgage financing, vehicle financing, and syndicated corporate facilities; payment and transaction processing solutions including Visa and Mastercard credit cards, contactless debit cards, merchant point-of-sale acquiring systems, biometric payment authentication through BiopagoBDV, and instant interbank mobile payment services via PagoMóvilBDV; and treasury, trade finance, and cash management services including digital foreign currency exchange intermediation, international wire transfers, letters of credit, collection management, and public service and tax revenue administration. In recent operational and strategic developments, Banco de Venezuela SACA has significantly expanded its digital banking ecosystem by upgrading its BDVApp mobile application with automated multicurrency exchange capabilities and contactless QR-code payment tools; widened its merchant acquiring infrastructure with widespread contactless POS terminal deployments; introduced specialized microcredit and entrepreneur financing initiatives, including targeted credit programs for small-scale industrial and commercial producers; and advanced secondary share offering programs on the Caracas Stock Exchange to broaden public equity participation while enhancing its core technological infrastructure and regulatory capital base.