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 ...
Explosions reported in Caracas. US confirms attack on Venezuela and capture of Maduro
US President Donald Trump announced on Saturday the capture of Venezuelan President Nicolás Maduro and his wife. The Portuguese government is monitoring the situation and is asking the Portuguese community to stay at home. We are following the unfolding tensions between Washington and Caracas here.