July 14, 2006

Written agreement with Banco Industrial de Venezuela

  • Board of Governors of the Federal Reserve System
  • New York State Banking Department

For immediate release

The Federal Reserve Board and the New York State Banking Department on Friday announced the execution of a Written Agreement by and among Banco Industrial de Venezuela, C.A., Caracas, Venezuela, its agencies in New York, New York and Miami, Florida; the Federal Reserve Bank of New York; the Federal Reserve Bank of Atlanta; the New York State Banking Department; and the State of Florida Office of Financial Regulation.

The Federal Reserve Board and the New York State Banking Department simultaneously announced the termination of the April 21, 2005 Written Agreement by and among Banco Industrial de Venezuela, C.A., Caracas, Venezuela, its agencies in New York, New York and Miami, Florida; the Federal Reserve Bank of New York; the Federal Reserve Bank of Atlanta; the New York State Banking Department; and the State of Florida Office of Financial Regulation.

A copy of the 2006 Written Agreement is attached.

Last Update: July 14, 2006