CAMMB Unifies Stock

The Costa Rican stock broker purchased all preferred stock from former partner CLF CRC Latin America.

Tuesday, July 14, 2009


The company Central America Money Market (CAMMB) purchased the entire share of former partner CLF CRC Latin America, as the head office of CLF in Trinidad and Tobago was bailed out by the Trinidadian government.

Carlos Echeverría, president of CAMMB, was quoted by "We saw a good opportunity and we took advantage of it, we feel mature and stable as to walk our own way in the stock market, we have learned a a lot and consolidated a strong financial structure, which allowed us to take this step".

More on this topic

Panama: Balboa Securities to be "Reorganized"

July 2016

The stock market authorities have ordered the reorganization of the brokerage firm, after it was included in the US Treasury Department's Clinton List.

Days after the Superintendency of Banks ordered the reorganization of Balboa Bank, the stock market regulator issued a resolution to do the same with the brokerage firm.

Panama: Brokerage Firm's License Suspended

July 2016

For breaching the Securities Market Law an order has been given to indefinitely suspend the operations of the brokerage firm FDG Wealth Management.

From the resolution given by the Superintendency of Securities in Panama:

First: Order the indefinite suspension of the stock broker license which was granted by Resolution SMV No 34-2014 of 24 January 2014, until the stock broker firm FDG Wealth Management remedies breaches to the Stock Market Act that led to the suspension and to the Superintendency of securities adopting other measures. 

New Securities Broker in Panama

August 2010

Plus Capital Market Inc. has begun operations in the Panamanian market after being approved by the country's National Securities Commission.

The National Securities Commission approved the company's request on 12 March with License Number 77-2010.

"Plus Capital Market Inc.

Citibank Costa Rica Eliminates Stock Brokerage Services

August 2009

From August 31 onwards the entity will no longer provide stock brokerage services.

“The stock broker was named 'Citi Valores Accival'. This brokerage began operations in 1988 under the name 'BFA Valores'. On March 6, 2000, it changed its name to 'Valores Cuscatlán Puesto de Bolsa', and in 2008, Citivalores and Cuscatán merged, becoming 'Citi Valores Accival'”, reports

 close (x)

Receive more news about Capital Markets

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Partner needed for financing/construction in Punta Leona, CR

I have six building lots in the Punta Leona Resort ready for construction. I am looking for a partner to provide financing and or construction.
Wanted partner for financing and/ or construction in the...

Stock Indexes

(Jan 18)
Dow Jones
S&P 500


(Jan 19)
Brent Crude Oil
Coffee "C"