Venezuela nationalize third largest bank in the country

The third largest bank in Venezuela is no longer privately owned. Her current Spanish owner Santander sold Banco de Venezuela to 1.05 billion dollars, a buyer is the government of Venezuela.
The Bank has 3.2 million customers hold 10 percent of deposits of citizens in the country and has 6 000 employees. With the government already controls the gain 21 percent of deposits and 16 percent of the debts in the banking system.
According to authorities natsionalizatorskata strategy will strengthen the public banking system that contribute to the development of agriculture, energy, tourism and housing. From 2007 until now government nationalize major players in the energy, telecommunications, steel markets, and in neftodobiva and processing.

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Finance