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RE: Venezuelan government jails 11 bankers and takes over 2 "top 5" banks in the country.

in #venezuela7 years ago

This is horrible, many families here in Venezuela depend on money transfers made by their relatives in other countries through banks such as Banesco and the Provincial. Without that, they would simply not be able to eat.

We will not have any escape to devaluation. This has me really worried, thanks for sharing the information sharon.

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Yeah, now we don't know whether our funds will be safe, or whether the banks will keep working nicely as they had been working before. Maybe Banesco, BOD and Provincial will turn into new useless banks like Banco de Venezuela and Bicentenario where nothing works the way it should.