Private banking in Honduras surpasses $10.7 billion in assets

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.

Wednesday, August 6, 2008

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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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.

Panama: Credit to Private Sector Up 8.7%

July 2014

Domestic credit to the private sector amounted to $36 thousand 861 million, an increase of 8.7% compared to the previous year.

According to figures from the Superintendency of Banks of Panama, liquid assets of the institutions increased by 14.4% and the loan portfolio by 4.8%.

Industrialists Oppose Law on Sale of Idle Assets

July 2013

A law in Honduras allows the government to use state resources to raise funds to pay domestic debt.

"The attitude of Congress is irresponsible in dealing with these issues without beforehand consulting taxpayers who pay for these commitments with their taxes , nor conversing with civil society organizations," said Fernando Garcia, director of the National Association of Manufacturers (Andi).

Honduran bank assets grew 11% in 2008

February 2009

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

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.

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