Venezuela’s Bank Superintendency Approves Caroni, Guayana Merger

Venezuela’s Banking Superintendency approved the merger of Banco Caroni C.A. and Banco Guayana, according to a resolution published in today’s Official Gazette.

Banco Caroni’s assets now represent 1.7 percent of the total in Venezuela’s banking system, making it the country’s 10th largest bank, according to data on the Superintendency’s website.

To contact the reporter on this story: Corina Rodriguez Pons in Caracas at crpons@bloomberg.net; Jose Orozco in Caracas at jorozco8@bloomberg.net

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net

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