RE: Private banks in Venezuela

You are viewing a single comment's thread from:

Private banks in Venezuela

in hive-175254 •  4 years ago 

Hello @alejandroguerra, This is a complex issue because practically the banks are not "operating according to their fundamental principles and objectives" in Venezuela, however I am sure that in some way the private banks currently affected by the hyperinflationary phenomenon in the country are in "mode". hibernate "waiting for an ethical exit at some point to return to function regularly. Aspects such as loans that were the fundamental basis of banks, promissory notes, long and short-term loans, no longer make sense today, so it is logical to think that "there is simply no bank" in Venezuela at this time.

Thanks for posting this interesting and complex topic.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

That's right, they survive waiting for better times