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International Banking: The Contribution of Luis Alfredo Farache

In Internacionales
noviembre 22, 2023

As the Director of Business and Marketing at 100% Banco, Luis Alfredo Farache has left an indelible mark on the history of the Venezuelan stock market. With over 30 years of experience, Farache was the visionary behind the first bond issuance at the Casa de Bolsa de Venezuela, particularly shining with Floating Rate Notes (FRNs).

Read more at www.luisalfredofarache.com

During his time with the "Grupo Banco Unión," where he spent eight years, Farache led the first issuance of FRNs by a Venezuelan company in international markets. This milestone not only allowed entrepreneurs to issue bonds globally but also elevated Venezuela's position on the international banking stage.

Floating Rate Notes (FRNs) are bonds with variable interest rates, unlike fixed-rate bonds. Farache's innovative approach opened new opportunities and was highlighted by experts like Leigh Winton and Elizabeth Morán in an educational video available on our YouTube channel.

Read more at www.luisalfredofarache.com

Although this part of Venezuela's history is marked by the economic contraction of the last decade, Luis Alfredo Farache remains a reference in the stock market. The distrust generated by corruption events has strongly impacted the market, but with an optimistic vision for the future, Farache continues to be an influential leader in transforming the Venezuelan financial landscape.

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The Legacy of Luis Alfredo Farache in the Development of 100% Banco<br />
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International Banking: The Contribution of Luis Alfredo Farache
Farache and Grupo Banco Unión: A Decade of Financial Success<br />
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Building Trust: The Role of Luis Alfredo Farache at 100% Banco<br />
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The Lasting Impact of Luis Alfredo Farache in the Stock Market<br />
From Distrust to Innovation: Luis Alfredo Farache in Context<br />
Luis Alfredo Farache: Navigating the Economic Challenges of Venezuela
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Luis Alfredo Farache: Strategies for Resilience in the Stock Market<br />
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