Integration of Costa Rica to Regional Payment System
Tuesday, January 7, 2014
It has been announced that from March Costa Rican banks will be able to allow their customers access to the Central Interconnected System of Payments.
From a press release by the Central Bank of Costa...
Bankarization of Remittances in Guatemala
Tuesday, October 8, 2013
For every $100 that migrants send to their families between $30 and $35 are in some way related to banking services.
Prensalibre.com reports: "If you take into account that...
Bancolombia Purchases HSBC Panama
Tuesday, February 19, 2013
HSBC Latin America Holdings Limited, a wholly owned subsidiary of HSBC Holdings plc, has entered into an agreement to sell HSBC Bank (Panama) SA to Bancolombia SA for a total consideration of US$2.1bn in cash.
HSBC Latin America Holdings (UK) Limited, a wholly owned...
Outlook for Central American Insurance Industry in 2013
Thursday, January 31, 2013
Fitch estimates that premiums in the region should grow measuredly, with the greatest dynamism seen in Costa Rica, the second insurance market in the region.
A statement from Fitch Ratings reads:
Tuesday, September 11, 2012
XII Congreso y Exposición Latinoamericana de Automatización Bancaria
(info only in spanish)
Del 11 al 13 de septiembre próximo, Panamá será sede de la cumbre tecnológica de las Américas para el sector financiero como anfitrión del XII Congreso y Exposición Latinoamericana de Automatización Bancaria – Clab 2012
Event by: Congreso y Exposición Latinoamericana de Automatización Bancaria – CLAB
Private Unemployment Insurance
Wednesday, June 27, 2012
Guatemala has authorized the marketing of new insurances, including unemployment and terminal illness cover.
With authorization from the Superintendency of Banks...
Seguros Assa to Enter Guatemala and Honduras
Wednesday, June 13, 2012
Grupo Assa de Panamá plans to complete its presence in Central America by opening operations in Honduras and Guatemala.
Panama's Grupo Assa is currently doing business in...
Guatemala Coining Tender
Tuesday, June 12, 2012
The Bank of Guatemala is inviting bids for coin minting.
The government purchase is to contract coining services...
Good Prospects for Insurance Companies
Tuesday, May 29, 2012
A report by Fitch notes the momentum in the insurance sector in Central America and its growth potential.
From the report by Fitch Central America is entitled...