Insurance industry needs more capital in HondurasThe Central Bank of Honduras has increased the minimum amount of capital required for insurers and re-insurers by amounts ranging from 262,881 dollars to 788,643.Friday, July 25, 2008
The demand for capital is independent of the request for higher reserves for insurers. Source: laprensahn.com Hondurans to Buy Insurance in GuatemalaJanuary 2017 Ficohsa Group has announced the acquisition of 100% of the capital of the company Seguros Alianza, which will be operated through the subsidiary Ficohsa Seguros. Banco de Costa Rica Requests $30 million from CIIDecember 2011 The Banco de Costa Rica (BCR) has requested a $30 million loan to strengthen its capital and to provide financing to SMEs. $69 million for HSBC Costa RicaJanuary 2009 The purpose of the funds is to strengthen liquidity and credit worthiness indicators with investors in mind. $42 million for Scotiabank Costa RicaJanuary 2009 The National Council for the Supervision of the Financial System (Conassif) approved the increase in capital, from $80 million to $122 million.
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