Banco de Venezuela closed 2023 with a loan portfolio that exceeded 300 million dollars
@BcodeVenezuela
Published at: 23/01/2024 05:25 PM
The Bank of Venezuela (BDV) ended 2023 with a loan portfolio amounting to 362 million dollars, making it the banking institution that provides the most financing in the country, with a growth of 127% compared to 2022, representing 24.6% of the market.
The figures reaffirm its strength as the number one entity in the National Financial System, driven by management that has led it to break historic records and to rank first in the most important banking indicators in the country.
The information was provided by the BDV, in a press release published on its website, where it specified that the agri-food and commercial sectors account for 86% of credit support; in addition, through its flagship program, EmprendeBDV has liquidated more than 12,300 contracts for an amount of USD 38.26 MM, since its creation.
In the same order, the Bank liquidated 19,988 credit contracts at the end of the year, representing 175% growth and 12,716 contracts more than in 2022, to reach 33% of the participation of the entire system.
Public revenues grew by 108% and reached a share of almost 34% of public deposits in all banks, reflecting the strengthening of customer confidence.
The bank has the largest fleet of points of sale, at the close of 2023 with 246 thousand active terminals located throughout the country, maintaining its leadership in this payment method.
As part of the institution's innovative approach, at the end of the year, more than 5 million downloads were made of its BDVapp, a mobile application that is renowned for allowing customers to carry out their operations quickly and easily, making cutting-edge technology available to them.
Mazo News Team