The banking instability in Venezuela is influenced mainly by the lack of political stability, all or most banks only give loans to the government sector and participated as a body of customs revenue, however, all banks since 1839 lasted until 1882 ephemeral. Many of these banks were allowed the minting and circulation of notes and coins The first attempt to establish a trade bank in Venezuela, the national capital in 1825 happens to be founded under the name Banco de Venezuela, however not could carry out the proposal. A year later he presented the “Project Revenge, a national bank for the Gran Colombia (now Colombia, Ecuador, Panama and Venezuela) whose headquarters would be located in Bogota and would open 4 branches initially in Caracas, Cartagena, Guayaquil City Panama, like the case of Banco de Venezuela, 1825, failed to finish the project.Founded in 1839 by William Ackers the first bank in Venezuela although foreign capital, the British Colonial Bank which was led by Leandro de Miranda, son of Francisco de Miranda, ceased operations in 1848. Ackers gets together with other investors and the Venezuelan state (by 20 of the shares) the National Bank of Venezuela which would serve as cancellation of customs revenue and national budget and eases discounts and deposits. But in 1850 the same fate that the British Colonial and closes. 1861 is stable for a bank called Banco de Venezuela (no relation to the present) that would accomplish only one year of service after failing bank policies that were outlined.Under the name of Banco Caracas try four times to establish commercial banking institutions in the country, pushing a failed attempt in 1838 to establish a bank, the Banco de Caracas born first but 1862 would be liquidated in 1863, later to be founded and settled by other banks with that name between 1876-1877, 1877-1879 and 1879-1883. Once settled the last of those was called Banco Caracas founded the Commercial Bank, which managed to consolidate and grow up to become Bank of Venezuela in 1890 still exists.