It takes a special kind of bank to weather decades of upheaval.
Few have done so with as much tenacity and skill as Venezuela's
Banco Mercantil. It was founded in 1925 in an 18th century
house that among other functions had once served as a reception
hall for Simón Bolívar, Venezuela's national hero
and the leader of the wars of independence against Spain.
A Special Kind of Bank
Venezuela has endured years of tumult, but banco Mercantil has managed to keep growing thanks to strong leadership, well-timed acquisitions and international alliances.
Over the years, while Venezuela has endured plenty of
economic tumult and political convulsion, Mercantil has grown
through a judicious mix of caution, some well-timed
acquisitions and international alliances, and a growing
commitment to high technology. These days, the bank is the
largest in Venezuela and is headquartered in one of the tallest
buildings in Caracas, slightly higher than the towers housing
two of its principal foreign rivals - Banco Santander Central
Hispano (BSCH) and Banco Bilbao Vizcaya Argentaria (BBVA) of
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