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Banco Federal

Banco Federal was a Venezuelan bank based in Caracas. At the end of April 2010 it was the country's 11th-largest bank, with deposits of 7.66 billion bolivars, or 2.82 percent of total deposits in the banking system. In June 2010 the bank was taken over by Venezuela's banking regulator.2 It was founded in 1982.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1982Founded1

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Banco Federal was a Venezuelan bank based in Caracas. At the end of April 2010 it was the country's 11th-largest bank, with deposits of 7.66 billion bolivars, or 2.82 percent of total deposits in the banking system. In June 2010 the bank was taken over by Venezuela's banking regulator. It had been told to expand its capital base by 1.5bn bolivars (around $350m), and had only raised B100m. At least 12 other banks had been taken over since November 2009 after speculation about bank insolvency.2

Products and brands

  • financial services

Listed on Wikidata.1

Timeline

  1. Jun 14, 2010Dissolved Dissolved1
  2. 1982Founded Founded1

Sources

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