Banco Occidental de Descuento

Banco Occidental de Descuento (Western Discount Bank, BOD) is a Venezuelan bank. With around 6.6% of the Venezuelan market, it was Venezuela's fifth-largest bank in 2009. Based in Maracaibo, Zulia, BOD "has a privileged market position in Venezuela's leading oil-producing region, Zulia."BOD is controlled by Cartera de Inversiones de Venezuela (CIV), which, in turn, is controlled by the bank's president, Víctor José Vargas Irausquín.