Venezuela is at the vanguard with the creation of the N58 Digital Microfinance Bank

With the start of operations of the N58 Digital Bank, authorized by the Superintendence of Institutions of the Banking Sector (Sudeban), Venezuela assumes the vanguard in redefining the way to grant credit through digital channels.

During the 14th broadcast of the “Con Maduro+” program, he emphasized that the financial institution will be decisive in expanding support for the productive initiatives of entrepreneurs:

Venezuela is taking a step forward in the world, by authorizing the creation of the first Digital Microfinance Bank that will support entrepreneurs, the projects of people who are thinking. There is already a bank for everyone to sign up for”, stressed the head of state, who instructed the public media to disseminate timely information on access to N58 Banco Digital.

The authorization to operate the Digital Microfinance Bank is contained in Official Gazette No. 42,693, dated August 16, as resolution of Sudeban No. 033.23.

N58 Banco Digital will operate fundamentally on the web and with various mobile services available, oriented to the consumer through personalized solutions based on the knowledge of the user, its interface, real-time processes and openness to social networks and the Internet.