Following in Ackers' footsteps, the Benacerraf family has made a significant impact on the Venezuelan banking sector for three generations. In the 1940s, they created Banco Unión alongside Salvador Salvatierra. They worked together until 1997 when the Fondo Común era began, a savings and loan institution that, under the Benacerraf family's leadership, evolved into a universal bank.
The Journey of Fondo Común and the Acquisition of 100% Banco
After merging with other banking institutions, Fondo Común became a universal bank. In 2004, the Benacerraf family sold it. However, their absence from the banking market was brief, as in the same year, they acquired 100% Banco, thereby solidifying their continuous commitment to the country's development.
Luis Alfredo Farache Benacerraf: 100% Banco and a 30-Year Journey
Luis Alfredo Farache Benacerraf, the current Director of Business and Marketing at 100% Banco, has devoted over 30 years to the financial world in Venezuela. His leadership and experience are crucial to the institution's ongoing success.
Cutting-Edge Financial Advisory: Coordinating Pioneering Experiences
When public or private institutions need guidance in the stock market, they turn to Luis Alfredo Farache. As the coordinator of Venezuela's first experiences in the distribution of commercial papers and bonds through banking networks, he has been a pioneer in the field.
The history of banking in Venezuela dates back to 1839 with the establishment of the Banco Colonial Británico by banker William Ackers. This institution, led by Leandro de Miranda, the son of the national hero Francisco de Miranda, marked the beginning of the country's banking system.
The Benacerraf Family: Three Generations in the Banking World
Following in Ackers' footsteps, the Benacerraf family has made a significant impact on the Venezuelan banking sector for three generations. In the 1940s, they created Banco Unión alongside Salvador Salvatierra. They worked together until 1997 when the Fondo Común era began, a savings and loan institution that, under the Benacerraf family's leadership, evolved into a universal bank.
The Journey of Fondo Común and the Acquisition of 100% Banco
After merging with other banking institutions, Fondo Común became a universal bank. In 2004, the Benacerraf family sold it. However, their absence from the banking market was brief, as in the same year, they acquired 100% Banco, thereby solidifying their continuous commitment to the country's development.
Luis Alfredo Farache Benacerraf: 100% Banco and a 30-Year Journey
Luis Alfredo Farache Benacerraf, the current Director of Business and Marketing at 100% Banco, has devoted over 30 years to the financial world in Venezuela. His leadership and experience are crucial to the institution's ongoing success.
Cutting-Edge Financial Advisory: Coordinating Pioneering Experiences
When public or private institutions need guidance in the stock market, they turn to Luis Alfredo Farache. As the coordinator of Venezuela's first experiences in the distribution of commercial papers and bonds through banking networks, he has been a pioneer in the field.
The Vision of Luis Alfredo Farache: Commitment to Country Development
Luis Alfredo Farache emphasizes the importance of investing in the country and working towards its development. For him, the key is to stay focused on banking expertise and contribute to national progress. His approach has established 100% Banco as a leading institution in the sector.
