Companies & banks

BDC Approves $1 Million for Venezuela’s Recovery

BDC approved $1 million for priority recovery efforts in Venezuela, according to CAF Executive President Sergio Díaz-Granados. Specific projects, disbursement terms and an implementation timeline were not disclosed.

Carabobo Advances Municipal Home Reconstruction Program

The Carabobo state government and Juan José Mora mayor’s office are advancing a public program to fully rebuild homes in the municipality. The number of properties, funding, contractors and completion schedule were not disclosed.

Caribbean Development Bank Commits $1 Million to Venezuela Earthquake Recovery Fund

The Caribbean Development Bank made an initial $1 million, fee-free contribution to a fund supporting the restoration of essential services and longer-term reconstruction after Venezuela’s earthquake.

Venezuela’s Central Bank Publishes Official FX Rates for August 11

The Central Bank of Venezuela published the official foreign-exchange rates applicable to commercial transactions on August 11. The release did not provide enough information to assess the size or direction of any currency movement.

Patria to Begin Assigning New Benefit Payments on August 10

The Patria platform is expected to begin assigning a new round of social benefit payments from August 10, including the Ingreso Integral de los Trabajadores program. Payment amounts and the exact disbursement date were not disclosed.

BCV Sets August 11 Exchange Rate at 761.2167 Bolivars per Dollar, Up 0.4853%

The Central Bank of Venezuela set the official exchange rate for August 11, 2026, at 761.2167 bolivars per US dollar. The rate rose 0.4853%, reflecting a modest depreciation of the bolivar.

Caribbean Development Bank Approves $1 Million for Venezuela Recovery

The Caribbean Development Bank approved a fee-free $1 million seed contribution to a fund for Venezuela’s recovery, reconstruction and emergency response. The report did not specify when the money will be disbursed or which entities and projects will receive it.

Clínica El Ávila Upgrades Rehabilitation Unit and Adds Pediatric Care

Clínica El Ávila upgraded its rehabilitation unit with laser, magnetotherapy, shock-wave, ultrasound and electrotherapy equipment. The facility will also begin treating children, broadening its healthcare services and potential patient base.