This is a list of banks in Nicaragua, including credit unions and other financial services companies that offer banking services and may be popularly referred to as "banks".
This is a list of banks in Nicaragua, including credit unions and other financial services companies that offer banking services and may be popularly referred to as "banks".
The two first commercial banks in Nicaragua opened in 1888. The Bank of Nicaragua (Spanish: Banco de Nicaragua), later rebranded as the Bank of Nicaragua Limited, headquartered in London and then merged with the London Limited Bank of Central America, and the Mercantil Agricultural Bank (Spanish: Banco Agrícola Mercantil) that went bankrupt for non-payment of their debtors.
In 1911, the Government of Nicaragua granted a concession to the investment bank Brown Bros. & Co. from New York in order to establish a banking corporation with shared ownership, both from the Republic of Nicaragua and the North American bankers, which would operate under the laws of the United States of America.
Next year, the National Bank of Nicaragua, Incorporated (Spanish: Banco Nacional de Nicaragua, Incorporado) opened its doors in the capital city of Managua. In addition to regular banking services, the National Bank of Nicaragua was the only bank authorised to issue banknotes for the Republic of Nicaragua. [1]
Politics of Honduras takes place in a framework of a multi-party system presidential representative democratic republic. The President of Honduras is both head of state and head of government. Executive power is exercised by the government. Legislative power is vested in the National Congress of Honduras. The party system is dominated by the conservative National Party of Honduras, the Liberal Party of Honduras, and Liberty and Refoundation.
The Bank of Mexico, abbreviated BdeM or Banxico, is Mexico's central bank, monetary authority and lender of last resort. The Bank of Mexico is autonomous in exercising its functions, and its main objective is to achieve stability in the purchasing power of the national currency.
Banco Nacional Ultramarino is a Macau banking and financial services corporation. It was a Portuguese bank with operations throughout the world, especially in Portugal's former overseas provinces. It ceased existence as an independent legal entity in Portugal following its merger in 2001 with Caixa Geral de Depósitos, the government-owned savings bank.
Serranilla Bank is a partially submerged reef, with small uninhabited islets, in the western Caribbean Sea. It is situated about 350 kilometres (220 mi) northeast of Punta Gorda, Nicaragua, and roughly 280 kilometres (170 mi) southwest of Jamaica. The closest neighbouring land feature is Bajo Nuevo Bank, located 110 kilometres (68 mi) to the east.
Banking in Nicaragua, prior to 1978, consisted of the Central Bank of Nicaragua and several domestic- and foreign-owned commercial banks. One of the first acts of the Sandinista government in 1979 was to nationalize the country's banking system, in an "attempt to promote community banking and support the rural poor".
HSBC Bank (Panama) S.A. was a subsidiary of HSBC Holdings plc headquartered in Panama City, Panama. The bank provides Personal banking, Corporate banking and Treasury services to Panama. In 2013 Bancolombia Group acquired HSBC Panama and renamed it as Banistmo.
The Bank of Central and South America was established in Connecticut in 1922. The next year it acquired some of the assets of the Mercantile Bank of the Americas, including its entire interest in the National Bank of Nicaragua, Banco Mercantil de Costa Rica, Banco Mercantil Americano del Peru, Banco Mercantil Americano de Caracas and Banco Mercantil Americano de Colombia. It had a branch in Hamburg, and 22 branches in Latin America, including four in Venezuela, six in Peru, eight in Colombia, four in Nicaragua, and one in Costa Rica.
General elections were held in Nicaragua on 4 November 1928 to elect a president, half of the deputies and a third of the senators of the National Congress.
BAC Credomatic is a financial group in Central America, with operations in Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, Panama, Grand Cayman, The Bahamas, and the United States.
Banco de la Producción (BANPRO) is a bank in the city of Managua, Nicaragua.
Mercantil Servicios Financieros (Mercantil) is a Venezuelan holding company of financial services present in 9 countries in America and Europe. Its shares are listed on the Caracas Stock Exchange and it maintains a Level 1 American Depositary Receipt program (ADR) in the over-the-counter market (OTC) in the United States of America .
The economy of Central America is the eleventh-largest economy in Latin America, behind Brazil, Mexico, Argentina and Colombia. According to the World Bank, the nominal GDP of Central America reached 204 billion US dollar in 2010, as recovery from the crisis of 2009, where gross domestic product (GDP) suffered a decline to 3.8%. The major economic sectors are agriculture and tourism, although the industrial sector has shown strong growth, mainly in Panama.
Banco Mercantil Santa Cruz S.A. doing business as Mercantil Santa Cruz is a Bolivian bank and financial services company with headquarters in La Paz. As of 2015, Banco Mercantil Santa Cruz is the largest bank in Bolivia by assets. It is a full-service corporation that provides a wide range of financial products and services to an individual and corporate client base through a national network of operating 93 branches, more than 350 ATMs, call centers, and online and mobile banking platforms.
Paul Vinelli was an Italian-American-Honduran economist and banker. He was sent to Honduras in 1949 by the International Monetary Fund to advise the government on banking and tax legislation. He was instrumental in the creation of the Central Bank of Honduras and the National Bank for Agricultural Development in 1950. He remained working as an economic advisor to the Honduran government for six years. In future years he continued to be one of the strongest guides of Honduran economic policy.
Panama has a substantial financial services sector. The sector grew up providing trade finance for trade passing through the Panama Canal, and later evolved into money laundering for the drug trade under Manuel Noriega.
