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Bancrecer, S.A. Banco de Desarrollo (Venezuela)

Main Activities: Commercial Banking
Full name: Bancrecer, S.A. Banco de Desarrollo Profile Updated: June 17, 2024
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Bancrecer is a financial institution with 13 years of experience in the Venezuelan National Financial System. Since 2010, the institution has embarked on a new stage with a renewed business model and 100% private capital. With a team of experienced professionals in the banking sector, Bancrecer has shown significant growth in recent years, focusing on supporting growing entrepreneurs and self-employed professionals who have decided to start their own businesses. During this new stage, Bancrecer has demonstrated solid and sustained growth, reflected in its management indicators. The institution is recognized for its quality of service, quick response, technological innovation, and personalized attention to its clients. A recent study measuring customer satisfaction showed a 95% satisfaction rate, which is 20 points higher than the rest of the banking system. This effort has stimulated the generation of new growth opportunities and the consolidation of established business initiatives, resulting in a positive impact on the country's productive sectors, particularly in the creation of new formal jobs in the Venezuelan economy. Bancrecer has 44 offices throughout the country, with 25 located in Greater Caracas and the rest in the main cities. The company's expansion plan is ongoing to strengthen its network and maintain contact with its clients. Bancrecer will continue to support the productive capacities of those who believe in Venezuela and contribute their efforts and dedication to the country's growth opportunities. At Bancrecer, we are a team that promotes progress and growth, daring to look confidently and decisively towards the future with our clients. We are a group of risk-takers who believe in Venezuela and its people.

Headquarters
Avenida Francisco de Miranda, cruce con calle Capitolio, Torre Bazar Bolivar, Planta Baja, Boleita Sur, Municipio Sucre, estado Miranda.
Sucre; Miranda;

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Website: https://www.bancrecer.com.ve

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
March 24, 2009
Key Executives
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President
Ownership Details
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98.45%
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1.55%
Company Performance
Financial values in the chart are available after Bancrecer, S.A. Banco de Desarrollo report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency VES. Absolute financial data is included in the purchased report.
Net interest income
N/A
Operating profit (EBIT)
1548.24%
Net Profit (Loss) for the Period
1546.09%
Total assets
378.62%
Deposits from customers
436.23%
Total equity
552.05%
Cost to Income Ratio
-7.2%
Loans to Deposits Ratio
23.54%
Loans to Asset Ratio
14.82%

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