Banco de Venezuela's credit portfolio exceeded 700 million dollars

Published at: 03/10/2024 06:07 PM

The Bank of Venezuela (BDV) exceeded 700 million dollars in its credit portfolio, which has doubled consecutively since 2021, the bank said on its official website.

It should be noted that this new milestone consolidates BDV as the number 1 bank in the National Financial System (SFN), in terms of the granting of loans, not only because of the volume of its portfolio, but also because of the number of natural and legal clients, who at the end of September amounted to 821,628 beneficiaries in its various modalities, including: entrepreneurs, digital credits, microloans, business and production, credit cards, among others.

He points out that in his innovative path, he has incorporated the formula for self-liquidation of credits, mainly in his special programs such as Credimujer, Credioven and EmprendeBDV digital, thanks to his direct relationship with customers through the BDVapp.

It also activated this formula for Small and Medium Enterprises (SMEs), granting 955 loans last September alone, in just one click, thus becoming the first bank in the country to bring this type of mass liquidation to this sector.

In this regard, the financial institution has transformed the lives of more than 363,490 natural customers through the above-mentioned programs.

It has also increased the credit card limit to more than 221,000 customers, and assigned the Digital Credit Card to 263,394 cardholders, in response to reciprocity and trust with the bank.

He explained that these credits are announced through push notifications from BDVapp, which has more than 8 million downloads and is the official channel where customers are also informed about the allocations of other benefits, promotional campaigns, updates to comprehensive solutions, invitations for online training, and other interesting information.

He also specified that 67.16% of the credit portfolio has been directed to the agro-productive, commercial and microcredit sectors. All this has led BDV to take the lead in the SFN with a market share of 30.20%, reflecting an exponential growth of 96.40%.

The Bank of Venezuela maintains the continuous optimization of its platform, with increasingly digital and cutting-edge options that promote economic growth and expand access to credit, under the support of the country's first bank.

Mazo News Team