Russian Bank Seeks Investment Opportunities
Friday, September 12, 2014
Banking, energy, and industry are the sectors where Gazprombank, the largest private bank in Russia, are exploring opportunities to finance projects in Guatemala and Latin America.
Representatives from the Russian company visited...
Honduras: Less Demand for Dollars
Thursday, September 11, 2014
Dollar purchases by financial institutions in the first eight months of the year were down 6% compared to those in the same period of 2013.
From 2 January to 30 August 2014 $5,887.1 million was...
Passive Base Rate Stays at 7.15%
Wednesday, September 10, 2014
For the second consecutive week the benchmark interest rate for loans and investments in the country will remain at 7.15% until at least Wednesday 17 September.
The base interest rate indicator calculated by the...
Nicaragua: Financing Available for Agriculture
Friday, September 5, 2014
Microfinance officials have announced that $55 million will be granted in loans to businesses in the agricultural sector.
Representatives from the Nicaraguan Association of...
Market for Credit and Debit Cards in Costa Rica
Thursday, September 4, 2014
Up to July 31st 2014 the number of cards in circulation amounted to 1,817,845, 5% more than at the end of April of the same year.
From a press release issued by the Ministry of Economy...
Honduras: $120 million for Road
Wednesday, September 3, 2014
The government has signed a letter of credit to finance part of the construction of the logistics corridor for the section between Goascorán, Valle and the village of San Antonio, Comayagua.
From a statement issued by the Presidency of...
Guatemala Maintains Interest Rate at 4.5%
Monday, September 1, 2014
Considering the main internal and external variables stable, the Bank of Guatemala is keeping the leading policy rate, a major reference for interest rates in the country, unchanged.
From a statement issued by the Bank of Guatemala:
Guatemala: Banking Secrecy Once Again
Friday, August 29, 2014
Financial authorities insist on the need to eliminate bank secrecy in order to access information on taxpayers accounts where suspicious movements have been reported.
Now it is the Superintendency of Banks (SIB) which is...