IMPORTANT! Banesco: The First Bank in the Top 100 Companies 2016

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IMPORTANT! Banesco: The First Bank in the Top 100 Companies 2016

15
Jan,2017

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Banesco Banco Universal, an institution of 100% Venezuelan capital leaded by [Juan Carlos Escotet Rodríguez], was ranked as the first bank in the country inluded the Top 100 Companies 2016 Ranking, produced by the Venezuela Business magazine, edited by the the Venezuelan Chamber of Commerce and Industry (Venamcham in Spanish). Today, [Juan Carlos Escotet Rodríguez] brings you all the details about this ranking and the participation of Banesco in it. Keep reading and know more.

[Juan Carlos Escotet Rodríguez]: Banesco, a great bank

[Juan Carlos Escotet Rodríguez]: Banesco, a great bank

More about Banesco in the ranking

According to the publication, which takes into account the financial income of companies in 2015, Banesco ranked third in the overall list. The Top 3 in the Business Venezuela list was led by companies from three sectors of the economy: a consumer company, a chain of pharmacies and a bank (Banesco). In addition to that, Banesco led again the measurement of the Top 20 in Social Investment, with a budget of Bs. 362.36 million in the same period.

Banesco was also included in other ranking of the study of the Top 100 Companies:

  • Top 20 employers in financial sector companies.
  • Top 20 Productivity.

For the preparation of the 18th Business Venezuela Ranking, 326 companies participated and the management results were recorded at the end of 2015, when all the aspects mentioned before were taken into consideration.

Top 100 Companies 2016 Edition

[Juan Carlos Escotet Rodríguez]: Top 100 Companies 2016 Edition

[Juan Carlos Escotet Rodríguez]: Top 100 Companies 2016 Edition

Alberto Herrera B., Coordinator of the processes of data collection, research and analysis of the Top 100 Companies 2016 Edition, commented on this ranking saying that the closing of the difficult year 2015 in the economic, political and social environment is also reflected in the CenAmCham’s current annual research.

Alberto also commented that the development of companies has been directly affected during this period by the contraction of consumption, inflation and the restriction in the liquidation of foreign currency, among other things, which has shown a great challenge for companies to remain in the domestic market . However, the current edition of Top 100 Companies shows its long-running analyzes and financial rankings that have characterized it over time.

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