Banesco looking to expand
The bank is planning to start operations in Costa Rica and the Dominican Republic in the first quarter of 2009.
Tuesday, September 16, 2008
According to Alberto De Armas, executive president of the Venezuelan bank, they would offer banking services in both countries to meet the needs of consumers in those markets.
Venezuelan bank Banesco is setting up a regional headquarters in Panama next year for an expansion project in Central America and the Caribbean.
Banesco was authorized by the Panamanian Banking Superintendence to open a branch in Dominican Republic.
President Manuel Zelaya has announced that Honduras' fifth international airport, at Palmerola, will start operations on August 2, when the United States will close down its military operations there.
Increased controls on lending to sectors such as construction and a reduction in branch openings are some of the measures.
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