The Lisboeta

Banks have limited exposure to Venezuela. CGD 'in contact' with authorities to protect its office

Wednesday, 7 January 2026RSS
Banks have limited exposure to Venezuela. CGD 'in contact' with authorities to protect its office

Portuguese banks say they have limited exposure to Venezuela, although they have residents there as customers. Caixa Geral de Depósitos (CGD) has only one office with two employees in one of the most expensive neighbourhoods in Caracas, which serves Portuguese residents in the South American country who are its customers. It is this activity that the ...

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