Banesco and Its Community Banking Services
The community bank
This is a modality of helping the communities and its people created by Banesco. The community banking is an integrated financial service organization dedicated to meet the needs of customers and satisfy them through relationships based on mutual trust, ease of access and excellence in service quality. Banesco, leaded by Juan Carlos Escotet, and its tem are leaders in the sectors of Person and Commerce, combining tradition and innovation, with the best human talent and advanced technology. The service is committed to generate greater profitability shareholder and well-being of the community.
More than 272.550 micro credits
Banesco Banco Universal continues to drive, through its Community Banking, talent of Venezuelan entrepreneurs, which is why since 2006, the year of its creation, served an amount of Venezuelan people, who, because of their geographical location or informal economic activities, they have been excluded from traditional banking.
It is noteworthy that the main economic activities carried out by micro-backed Banesco Community Banking have to do with:
· Public transport passengers,
· food trade through wineries and supplies,
· clothing for sale
· food sale.
Venezuelan entrepreneurs and their Community Banking services
Entrepreneurs from the most needy areas of the country can request their Work Loan (Préstamos para trabajar in Spanish), thanks to the increasing of the maximum amount of microcredits announced by the bank.
Hector Albarran, vice president of Banesco’s Community Banking, said that the purpose of this increasing number of microcredits is to be adjusted to the reality and needs of customers. Albarran also stressed that small businesses can boost their business.
Thanks to the Work Loan, the customer has an opportunity to grow and develop his/her business. The customer can also attend the Training Program of Microentrepreneurs where they will learn elements of management and marketing, among other skills, to help in their business. Finally, the bank invites interested parties to learn more about this plan and great services.