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Private company

Bancaribe

Logo: Bancaribe, Public domain, via Wikimedia Commons3

Private bank in Venezuela founded in 19541

Bancaribe is a private bank based in Caracas, Venezuela that operates as a universal bank. As of 2018, it was the seventh largest bank in the country and was part of the medium stratum of the Bank Ranking of the Superintendent of the Institutions of the Banking Sector of Venezuela (SUDEBAN). As of 2018 it had 100 branches located throughout the country, more than 1,200,000 customers, about 17,000 POS terminals, and more than 1,500 employees.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Feb 12, 1954Founded1

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Bancaribe 2018
Photo: ZZyaser, CC BY 4.0, via Wikimedia Commons5

Bancaribe is a private bank based in Caracas, Venezuela that operates as a universal bank. As of 2018, it was the seventh largest bank in the country and was part of the medium stratum of the Bank Ranking of the Superintendent of the Institutions of the Banking Sector of Venezuela (SUDEBAN).2

The story

Banco del Caribe (as it was formerly known) was founded on February 12, 1954 with headquarters in Puerto Cabello working as a credit institution, starting the operations on November 3. In 1955, Bancaribe expanded its presence when it opened new branches in Barquisimeto and Barinas; then in 1956 it opened two more branches in Valencia, two in Morón and another one in Puerto Cabello. In 1957: San Felipe, Valle de La Pascua, Maracay, Calabozo, San Fernando de Apure, Punto Fijo, Guacara, El Tocuyo, Chivacoa and Guanare. In 1958: Caracas and Acarigua, Villa de Cura, La Victoria, Güigue and Cagua. In 1959 another branch in Caracas y one in Anaco. In 1961, Turén and Nirgua.

Bancaribe changed the headquarters located in the downtown of Caracas between 2008 and 2009, after obtaining a new building in Galipán Business Center in El Rosal, Caracas.

From Wikipedia’s article on Bancaribe, shared under CC BY-SA 4.0.4

Products and brands

  • financial services

Listed on Wikidata.1

Timeline

  1. Feb 12, 1954Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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