Banco Latino

Banco Latino
IndustryFinance and Insurance
Founded1950
Defunct1994
HeadquartersCaracas, Venezuela
ProductsFinancial services

Banco Latino was a Venezuelan bank based in Caracas, and at the time of its 1994 failure was the country's second largest.[1] It had a good relationship with the government, such that ministries moved their accounts to the bank, and the army and the state-owned oil company PDVSA entrusted their pension funds to Latino trust managers.[1] Latino built a new high-rise headquarters, and expanded aggressively, both within Venezuela and overseas.[1]