Global Trade Alert
Global Trade Alert

Back to state act

Venezuela: Nationalisation of Banco de Venezuela owned by the Spanish Bank Santander

Description

On May 22, 2009, the Venezuelan government nationalised Banco de Venezuela. It bought it for USD 1.050 billion from the Spanish Bank Santander. Banco de Venezuela had been nationalised in 1994. Two ye...

Sign in to see full description

Intervention Details

Intervention Type

FDI: Treatment and operations, nes

MAST Chapter

FDI measures

Implementation date

22 May 2009

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

Graph

Table

Affected Sectors

Sign in to access 1 sectors

Affected Products

Sign in to access 0 products

Threads

See all

This intervention is not part of any Thread yet.