Banco Nacional de Crédito

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Banco Nacional de Crédito C.A.
Public (BVC: BNC)
Industry Finance
Founded 2002
Headquarters Caracas, Venezuela
Key people
Jorge Nogueroles (Chairman)
Products Banking

Banco Nacional de Crédito (BVC: BNC), commonly abbreviated as BNC, is a Venezuelan commercial bank headquartered in Caracas. It was founded in 1977 in San Antonio del Táchira as Banco Tequendama branch of the Banco Tequendama Colombia.

In 2002 starts the purchase of the bank by group of Venezuelan investors, completing the acquisition in 2003, year in which changes its name to Banco Nacional de Crédito.

In 2009 BNC acquired the Stanford Bank Venezuela, previously controlled by Stanford Financial Group, for $111 m.[1]