ET | Citibank to close key Venezuela payment account

Do you think they are going to stop us by putting in place a financial blockade?

Do you think they are going to stop us by putting in place a financial blockade?

CARACAS: Citibank plans to close the account Venezuela uses to make international payments, President Nicolas Maduro said Monday, accusing the US-based bank of a “financial blockade.”

“Citibank, with no warning or communication, says that it is going to close the Central Bank and Bank Of Venezuela account. That is what you call a financial blockade,” the embattled president said in televised remarks.

He said the move amounted to an “inquisition” by US President Barack O ..Maduro said his South American nation, a major oil producer, uses the account to make payments “within 24 hours, to other accounts in the United States and worldwide.”

Maduro’s socialist government has often claimed that US “rightwing” interests and local business elites were trying to blockade his state-led economy and prevent Venezuela’s access to international credit.

“Do you think they are going to stop us by putting in place a financial blockade? No, ladies and gentlemen, nobody stops Venezuela. With Citibank or without it, we are moving forward. With Kimberly or without, we are moving.”

Bron: EconomicTimes

2 Reacties op “ET | Citibank to close key Venezuela payment account

  1. Betalingen zullen gewoon door kunnen blijven gaan. De internationale transfers zullen langzamer verlopen (over meer schijven) en tegen hogere bankosten, nu Citibank niet meer optreedt als “corresponding bank”

    US dollars transfers gaan uiteindelijk vaak via JP-Morgan. De weg erna toe wordt omslachtiger.

  2. Gekke Gerritje

    Iemand enig idee what hiervan de impact op ISLA en RdK is?
    Moeten de werknemers nu twijfelen aan hun salaris en RdK aan de huur?
    En Curoil zeal wel in dollars molten betaken, maarwaarheen?
    Iemand in de regering of het parlement hier al over nagedacht?

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