Global Trade Alert
Global Trade Alert

Venezuela: Revocation of banking license for Spanish-owned bank

Announcement

13 Jun 2013

In June 2013, the government of Venezuela announced altered domestic business conditions for foreign investors.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

19 Jun 2013

Revocation date:

No revocation date

Updated: 13 Jun 2013
FDI: Treatment and operations, nes In force
On 13 June 2013, Venezuela's Ministry of Finance (Ministerio del Poder Popular de Finanzas) adopted Resolution No. 067-13 revoking the banking license of Banco Pastor, which was taken over by Banco Po...
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