Excessive Regulation of Financial Activities?A banker says that due to government financial regulations, in Honduras "it is now easier to import than it is to cultivate and produce."Wednesday, July 24, 2013
Proceso.hn reports that "Excessive government regulations are preventing banks from lending money to promote production, as they has to deal with rules made for the first world even though Honduras is a fourth world nation, said the banker Jaime Rosenthal." Source: proceso.hn ¿Busca soluciones de inteligencia comercial para su empresa?Changes Ahead for Regulation of Trust FundsOctober 2014 Financial authorities in Panama are analyzing establishing a fee for regulation and supervision, and modifying aspects such as requirements for licenses for businesses and minimum amounts of capital required to operate. Costa Rica: Bank Acceptances DO Affect Bank RiskApril 2013 The instrument which had been viewed as a way to circumvent the current credit squeeze, is now officially considered as another form of credit facility. Honduras: Credit Stagnant due to Over-RegulationMay 2011 The high reserve requirements and government regulation are preventing the growth of private sector credit.
Costa Rica has $320 Million for Development FrozenMarch 2009 The money is intended for loans to small and medium sized businesses at preferential rates, but Bancrédito, the state bank which manages it, alleges legal flaws that prevent it from granting them.
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