Honduran bank assets grew 11% in 2008

Honduran banks reported $11.3 billion in assets at the end of 2008, an increase of 11%.

Friday, February 6, 2009

The National Banking and Insurance Commission reported the results for 2008, in which Bac-Bamer Bank topped the list with $1.8 billion in assets, followed by Atlantida Bank with $1.6 billion and Ficohsa with $1.55 billion.

More on this topic

Banrural Buys Banco Continental's Assets

October 2015

It has been announced that the Guatemalan bank has acquired assets belonging to the Honduran group estimated at $108 million.

As part of the process of forced liquidation of Banco Continental, which began on October 12, the Bank founded in Guatemala acquired 32% of the assets, which has an estimated total value of $225 million.

Central American Banks: Annual Results and Perspectives

April 2009

Fitch Ratings reported that the risks to regional banks during the current crisis are growing and represent a major challenge for 2009.

The combination of reduced credit expansion, fund restrictions and increasing loan provisions have limited the profits of most banks and it is expected for these factors to continue to pressure the results in the coming months.

Remittances in Honduras exceed $2 billion

October 2008

In September, the remittances registered an increase of 9.4% with respect to the same period in 2007, according to a preliminary report of the BCH.

Honduran economic authorities and international agencies warn that the impact of the United States financial crisis is reflected with greater strength in the remittances in 2009.

Private banking in Honduras surpasses $10.7 billion in assets

August 2008

Private banking in Honduras completed the first semester of 2008 with assets worth $10.74 billion, with first place going to the recently merged BAC-Bamer Bank.

This was revealed in the June report of the National Committee of Banks and Insurance (CNBS) which gathers information for the Financial Institution Supervision System.

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Banco Ficohsa

Organization that operates in Honduras.
Phone: (504) 239 6410

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