July 25, 2024

Banking authority prohibits credit operations from using foreign currency without authorization

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On 21 January 2021, the Office of the National Superintendent for Banking Sector Institutions (SUDEBAN) issued a notice that prohibits banking institutions from carrying out credit operations using foreign currency, without prior authorization from SUDEBAN and the Central Bank of Venezuela (“BCV”). By José Barnola. Full Text -> GlobalCompilanceNews

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