The government ordered private banks to withdraw deposits from the BCIE in a 20 day period.
Sandra de Midence, President of the Central Bank of Honduras (BCH), reported that Honduran banks have $60 to $70 million deposited at the Central American Economic Integration Bank (BCIE).
Regarding the decision of the entity of freezing disbursements and new loans, the head of the BCH considers that "...there could be a 'violation' of the statutes and BCIE's constitutive law as they state their operations must be based on 'strictly technical, financial and economic criteria, and cannot consider political situations'", reports Google Noticias.
Businesses recommended the Government to withdraw funds contributed by Honduras to BCIE's capital.
Such action is demanded in response to a decision by the Central American Economic Integration Bank (BCIE) to freeze funds headed to the country, a move deemed as "outrageous" by Amilcar Bulnes, president of the Honduran Council of the Private Enterprise.