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Venezuela, Belarus Banks Cooperate
Caracas - Venezuela and Belarus narrowed
collaboration with a high level visit by the
National Bank of the latter to this capital.
Edgar Hernandez, Superintendent of Banks and
other Financial Institutions (SUDEBAN)
expressed that by means of that exchange
positive experiences can be obtained to
impel development of Venezuela.
Among the most important aspects outlined by
both countries is the interest of
strengthening the supervision of financial
institutions by the government, through
suitable regulations and rules, in view of
the world crisis that affects many nations.
SUDEBAN outlined the disposition of signing
an understanding memorandum to strengthen
the relationships of information exchange of
the banking systems of both nations in order
to strengthen bilateral relationships.
Serguei Kalechits, Monetary Policy and
Economic Analysis subdirector of the
National Bank of Belarus, stated that this
first visit to Venezuela will study the
situation of the Venezuelan National
Financial System and establish agreements
for information exchange.
He also expressed satisfaction for the
usefulness of the technical information
given by the Superintendence of Banks and
other Financial Institutions of Venezuela.
The delegation of Belarus arrived in Caracas
last Wednesday and they have had exchanges
with the Central Bank of Venezuela, the
Venezuelan Bank Association, the Commission
of Administration of Foreign Currencies and
SUDEBAN.
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