While BAC Panama remained in top position, other Colombian-owned lenders fared less well in the Top 100 Central American Banks ranking, leaving the way open for Panamanian, Costa Rican and Guatemalan banks to make up ground.
The Honduran finance minister tells The Banker that the country is moving towards a period of greater stability following an agreement with the IMF, the first with an international financial institution since elections in the country re-established civilian rule. Interview Brian Caplen and Jane Monahan
The opening of a representative office overseas – not even a branch – does not usually attract the attentions of a country’s president. But when Banco Ficohsa, one of the top banks in Honduras, opened a representative office in the US last month, the president of the country, Manuel Zelaya, along with the central bank governor and the president of the national congress, were all present.