Venezuela's unlisted state run development bank Banco Industrial de Venezuela was initially incorporated as a joint venture between the public and private sectors to foster industry and commerce. Subsequently, it was seized by the Venezuelan state and went on to be regarded as a financial pillar of Venezuela's import-substitution plan. The bank offers a range of commercial and personal banking products and services, including savings accounts, checking accounts, credit cards and investment, financing, fiduciary and foreign trade services.
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