The Venezuelan Economic and Social Development Bank (Spanish: Banco de Desarrollo Económico y Social de Venezuela, BANDES) is a Venezuelan federal public company, sanctioned by the US Department of Treasury, that is associated with the Ministry of Finance. It serves as a bank focused on financing projects that contribute toward the development of Venezuela. It was founded in 2001.[1] It has subsidiaries that are based in Venezuela, Uruguay and Bolivia;[2] the subsidiaries are Banco Bandes Uruguay, Banco Bicentenario del Pueblos, Banco Universal SA Banco de Venezuela, and Banco Prodem SA, of Bolivia.[3]
- ^ (in Spanish) BANDES, Quiénes somos Archived 2010-08-21 at the Wayback Machine
- ^ Cite error: The named reference
BANDESTreaswas invoked but never defined (see the help page). - ^ Cite error: The named reference
BANDESsanctionswas invoked but never defined (see the help page).
© MMXXIII Rich X Search. We shall prevail. All rights reserved. Rich X Search