Banco Sofitasa Explained

Banco Sofitasa, S.A.
Type:Universal bank
Industry:Finance
Predecessor:SOFITASA (1980s-1990)
Founder:Juan Antonio Galeazzi Contreras
Successors:-->
Hq Location City:San Cristóbal, Táchira
Hq Location Country:Venezuela
Areas Served:-->
Num Locations:100
Num Locations Year:2013
Net Income:6.68 million bolívares[1]

Banco Sofitasa (SOciedad FInanciera del TÁchira SA) is a Venezuelan universal bank based in San Cristóbal.[2] [3] Its primary market is in Barinas and the Andean Region and is the only bank in Venezuela with its main headquarters in the Andean region following the closure of Banfoandes. Banco Sofitasa can be found in 18 of Venezuela's 23 states.

History

Banco Sofitasa was originally founded as a small financial institution in the 1980s by Juan Antonio Galeazzi Contreras. It was replaced in January 1990 by a regional commercial bank. In 2001, it became a universal bank, the first regional commercial bank to be approved as a universal bank in western Venezuela.[4] [5] [6] Its status as a universal bank then allowed it to offer a variety of services, including leasing and real estate, investment banking, and lending.[7] Sofitasa is a member of the Banking Association of Venezuela.

Following the 2012 death of Galeazzi,[8] Ángel Gonzalo Medina assumed the presidency until 2018, when Óscar Antonio Galeazzi Mogollón was voted in.[9] Ramón Evencio Molina Duran was voted to replace him in March 2022 after his four-year term ended.[10] Adelis Chávez, brother of President Hugo Chávez, served as the bank's vice president for a number of years.[11] [12] Under him, Sofitasa handled much of the government's banking.[13]

The bank is partnered with Deportivo Táchira F.C.[14]

Notes and References

  1. Web site: Banco Sofitasa: Informe de los Auditores Independientes. 2018. SUDEBAN. 2022-07-23. es.
  2. Web site: Directorio Bancario. n.d.. SUDEBAN. 2022-07-23. es.
  3. Web site: List of Banks all the banks in the World by Country – 2018. 2018. Global Brands Magazine. 2022-07-23.
  4. Web site: Banco Sofitasa: tres décadas a favor del progreso del país. 2020-01-18. La Nacion. 2022-07-23.
  5. Book: Pérez, Carlos Andrés. [{{Google books|x18EAQAAIAAJ|plainurl=yes}} v. 1. 1o. de enero a 31 de marzo de 1990 ; v. 2. 1o. de abril a 30 de julio de 1990 ; v. 3. 1o. de agosto al 30 de octubre de 1990 ; v. 4. 1o. de noviembre al 31 de diciembre de 1990]. es.
  6. Web site: Impacto de las nuevas tecnologías en la calidad de servicio del sector bancario y su influencia en la satisfacción del cliente: Caso de estudio Banco Sofitasa-Venezuela. 2010. Universidad de Deusto. Moros Ochoa. Maria Andreína. 2022-07-23.
  7. Web site: What is universal banking?. n.d.. Borkar. Pooja. Wall Street Mojo. 2022-07-23.
  8. Web site: Falleció el exgobernador del Táchira Juan Galeazzi Contreras. 2012-11-18. Noticias Diarias. 2022-07-23.
  9. Web site: Presentada nueva Junta Directiva del Banco Sofitasa. Diario de los Andes. 2018-05-16. 2022-07-23.
  10. Web site: Este Juzgado. 2022-03-29. Tribunal Supremo de Justicia. 2022-07-23.
  11. Web site: Los Chávez en su feudo. 2008-11-22. Peregil. Francisco. El Pais. 2022-07-23. es.
  12. Web site: La fortuna de los Chávez Frías. 2013-03-17. La voz de Galicia. Flours. Julio A. 2022-07-23. es.
  13. Web site: Un joven político desafía a Chávez en el estado natal del presidente. 2008-06-06. Mander. Benedict. Cronista. 2022-07-23.
  14. Web site: Dvo Táchira asumió control de 5 instalaciones deportivas de San Cristóbal. 2017-04-22. Balonazos. 2022-07-23. es.

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