Banco Nacional de Crédito

The Banco Nacional de Crédito (BNC) is a financial institution Venezuelan with private capital specialized in universal banking.

According to the ranking of SUDEBAN, it falls within the Medium Stratum in terms of bank size.

On May 8, 2009, the BNC acquired all the shares of Stanford Bank for $111 million dollars,[4] after this was intervened by the Venezuelan State, after the crisis of its parent company, and it took place on February 18.

[5] On August 31, 2021,[6] Citibank Venezuela would complete the transfer of its assets and liabilities to the BNC, in accordance with a Rights and Obligations Transfer Agreement dated April 20, 2021, after the approval of the Superintendency of Institutions of the Banking Sector (SUDEBAN) between both institutions.

[9] On March 10, 2022, the Caracas Stock Exchange (BVC) released a press release informing about the expansion process of the BNC in the acquisition of some assets and assumption of liabilities of the Banco Occidental de Descuento.