Why Does the Venezuelan Commercial Sector Continue to Grow?
3 Articles
3 Articles
The Minister for National Commerce, Luis Villegas, recently reported on the growth of commercial activity in Venezuela so far this year, according to data from the National Association of Supermarkets and Autoservices (ANSA) and the Venezuelan Chamber of Commercial Centers (CAVECECO). According to the economic section of El Universal, both ANSA and CAVECECO "reported a 10% increase in their operations in each quarter, so it is indicated an expan…
The commercial sector reports, against all odds, a sustained growth. This was confirmed by the National Association of Supermarkets and Autoservices (ANSA) and the Venezuelan Chamber of Commercial Centers (Cavececo).There was a growth of 10% during each of the first two quarters of the year, which represents an accumulated growth of 20% in the first semester of 2025. In an interview in the program A Pulso, transmitted by Venezolana de Televisión…
The financial system recorded an annual growth of 6.75 % in its total assets that was driven by an increase of 20.74 % in the credit portfolio. The net profit of the system was 551.86 million dollars with an increase of 159.27 % compared to the same period of the previous year, review [...] The entry Venezuelan financial system grows 6.75 % year-on-year is published first in Information Focus.
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