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Bancrédito International Bank & Trust Corporation

International banking · Puerto Rico

Puerto Rico international banking institution established around August 2008; listed by its regulator among institutions in liquidation.[1][2]

Reference profileReviewed
01

Recorded institutional status

OCIF's October 2024 public notice lists Bancrédito among institutions in liquidation. The date identifies the notice being cited; it is not a claim that a new liquidation action occurred in 2024.[2]

02

Related business history

Biographical references associate Bancrédito with Julio Herrera Velutini. Its history is distinct from that of the UK company Britannia Financial Group Limited, incorporated in 2016.[3][4]

References

Sources & further reading

Sources checked 23 September 2026. Dates below refer to publication or the cited record. Company and family publications are labelled separately from independent reporting.

  1. 01
    Financial Crimes Enforcement NetworkOfficial record · PDF
    In the Matter of Bancrédito International Bank and Trust Corporation — consent order

    Institution established around August 2008, business model and January 2023 receivership. Used here for institutional history.

    https://www.fincen.gov/system/files/shared/Bancredito_Consent_FINAL_091523_508C.pdf
  2. 02
    Puerto Rico Office of the Commissioner of Financial InstitutionsOfficial notice · PDF
    Contacts for liquidating entities

    Bancrédito is listed among institutions in liquidation in this October 2024 notice.

    https://docs.pr.gov/files/OCIF/AVISOS-PUBLICOS/Contactos%20para%20Instituciones%20en%20Liquidacion%20%281%29.pdf
  3. 03
    WikipediaSecondary reference
    Julio Herrera Velutini

    Biographical background and historical association with Bancrédito; used with public records, not as sole authority for current roles.

    https://en.wikipedia.org/wiki/Julio_Herrera_Velutini
  4. 04
    Companies HousePublic register
    Britannia Financial Group Limited — company 10417641

    Incorporation, company number, status and former company name.

    https://find-and-update.company-information.service.gov.uk/company/10417641