españolEl Salvador's BFA Tenders Banking SystemTuesday, October 9, 2012 The Agricultural Development Bank (BFA in Spanish) is inviting bids for the implementation of a Banking Information System (CORE BANKING). The bank currently has a portfolio of 148,000 customers, with an average volume of about 23.300 daily transactions. GE sells BAC-Credomatic in Central America to Grupo AvalThursday, July 15, 2010 GE Capital Global Banking announced today that it has reached a definitive agreement to sell BAC Credomatic to Grupo Aval, Colombia’s largest banking holding group, for $1.9 billion. The transaction is subject to certain regulatory approvals and other customary conditions, and the parties anticipate closing by the end of 2010. El Salvador: BFA Puts Banking System Out to TenderFriday, November 19, 2010 The "Banco de Fomento Agropecuario" is inviting bids for supplying an integrated platform to automate its operations (Core Banking). The bank has a portfolio of 100.000 customers processing about 13.500 daily transactions and seeks to implement an integrated IT platform to help manage, record and control the operating revenue and expenses regarding to: HSBC changes strategy for opening in GuatemalaMonday, November 24, 2008 HSBC will modify its request to open in the country; instead of one branch, it is looking to set up as a local bank. HSBC (the Hong Kong and Shanghai Banking Corporation) has still not landed in the Guatemalan financial market, the only country in Central America where it is missing, and to date this continues to be uncertain as the request process has been changed. The New Owners of BAC-CredomaticTuesday, July 20, 2010 Luis Carlos Sarmiento Angulo, one of the richest men on earth, is the owner of Grupo Aval, which controls some of the largest banks in Colombia. Grupo Aval agreed to purchase 100% of the shares of BAC-Credomatic from GE Capital for $1.9 billion. Currently, GE owns 75% of BAC-Credomatic and agreed to buy the remaining 25% to sell it to Grupo Aval. IDB approves green facility for Banco General of PanamaTuesday, November 24, 2009 A $20 million non-sovereign guaranteed loan from the IDB will support Banco General, in growing a portfolio of green projects. The facility will support investments involving energy efficiency, renewable energy, water and wastewater treatment, waste management and other carbon-mitigating projects. HSBC Closes Office in GuatemalaFriday, May 20, 2011 The bank Hong Kong and Shanghai Banking Corporation (HSBC) argue that the main reason for the closure is the effects of the global economic crisis. In October 2009 the bank had set up the office which was dedicated to providing services to importers, exporters, multinational and transnational companies as well as offering trade services, loans and foreign accounts. Latinclear Expands to Canada, Mexico, and ArgentinaFriday, June 12, 2009 Central Latinoamericana de Valores S.A. - Latinclear now offers international securities custody services in nine countries. The head office of securities, which began operations in 1997 with the support of the Stock Exchange of Panama, Latinclear, will be introduced to the markets of Canada, Mexico, and Argentina through its Clearstream Banking account in Luxembourg. Payments Facilitated for Internet SalesWednesday, April 25, 2012 The National Bank of Costa Rica has announced an agreement with PayPal so that their corporate clients can receive payments in their accounts from online sales. The Banco Nacional (BN) and the online payment firm Pay Pal will announce today, Thursday April 26th, an alliance to facilitate online sales, customers can pay using an internationally recognized system and companies can receive money easily. Citi and HSBC to Issue $1.5 Billion in EurobondsMonday, September 23, 2019 Costa Rican authorities informed that Citi Global Markets and HSBC Global Banking will be the placement banks and financial advisors that will accompany the country in the process of issuance of securities and management of liabilities in the international market. The issue that will be made at the international level is the one that was approved on July 16 through Bill No. $20 million for Mortgage Loans in El Salvador and PanamaFriday, January 13, 2012 La Hipotecaria landed IDB financing for mortgage loans in El Salvador, Panama and Colombia. $20 million in loans will help boost loans for low-and middle-income housing to reduce the gap in the housing market. Panama: $21.2 Million in Banking SoftwareWednesday, March 3, 2010 Bids were invited to provide a Core Banking system for various state-owned banks. The contract comprises licenses, installation, adaptation, migration and implementation of a banking management system, integration with other systems and reports. El Salvador: Sale of Citi to Terra Group ConfirmedThursday, March 10, 2016 The sale of Citibank operations in El Salvador to Honduras' Grupo Terra has been formalized, with the insurer SISA included in the transaction. From a statement issued by the Stock Exchange of El Salvador: Global Tower Partners Gets $60 million Regional LoanTuesday, April 24, 2012 Eight banks have provide to a Costa Rican subsidiary with its first Latin American syndicated loan to finance the construction of two cell phone towers. "The operation involved Citibank, Banco General, Banco G & T Continental, Corpbanca, MetroBank, RBC Merchant Bank (Caribbean) Limited and Towerbank International. Additionally, Improsa Bank acted as trustee," reported Elfinancierocr.com. Costa Rica Issues $1.5 Billion in EurobondsTuesday, November 12, 2019 On November 12, the debt securities were sold in the international market, and at the end of the negotiation, bonds were issued for $1.2 billion maturing in 2031 and $300 million maturing in 2045. The negotiation of the public debt issued by the government of Costa Rica in the international market closed at noon on November 12, and the yield for those maturing in 2031 was 6.25% and for those expiring in 2045 was 7.25%. |
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Friday, March 24, 2023 - last update: 2:41 am
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