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Houston, Texas, U.S. Education. A.B, M.A. Alma mater. University of Michigan. Occupation (s) Banker, Economist. Paul Vinelli (November 7, 1922 – February 18, 1997) was an Italian-American-Honduran economist and banker. He was sent to Honduras in 1949 by the International Monetary Fund (IMF) to advise the government on banking and tax legislation.
The Bank of Honduras and the Banco Atlantida issued the first lempira banknotes in 1932. They were in denominations of 1, 2, 5, 10 and 20 lempiras. The Central Bank of Honduras took over production of paper money in 1950, introducing 50 and 100 lempiras notes in 1950, followed by the 500-lempiras note in 1995.
Banknotes. In 1886, the Aguan Navigation and Improvement Company issued its first paper money. The Banco Centro-Americano began note production in 1888, followed by the Honduran government in 1889, with several more banks issuing notes later. Denominations ranged between 50 centavos and 100 pesos.
General Juan Rius Rivera (August 26, 1848 – September 20, 1924), was the soldier and revolutionary leader from Puerto Rico to have reached the highest military rank in the Cuban Liberation Army and to hold Cuban ministerial offices after independence. In his later year, he also became a successful businessperson in Honduras. [ 1][ 2]
La Ceiba. / 15.77917°N 86.79306°W / 15.77917; -86.79306. La Ceiba ( Spanish pronunciation: [la ˈsejβa]) is a municipality, the capital of the Honduran department of Atlántida and a port city on the northern coast of Honduras in Central America. It is located on the southern edge of the Caribbean, forming part of the south eastern ...
Atlántida Department. / 15.64333°N 87.13167°W / 15.64333; -87.13167. Atlántida ( Spanish pronunciation: [aˈtlantiða]) is a department located on the north Caribbean shore of Honduras. The capital is the port city of La Ceiba . In the past few decades, tourism has become the most important legitimate economic source for the coastal ...
Crime in Honduras has become a growing matter of concern for the Honduran population in recent years. Honduras has experienced alarmingly high levels of violence and criminal activity, [ 1] with homicide rates reaching a peak in 2012, averaging 20 homicides per day. [ 2] Corruption, extortion, coercion, and drug smuggling also run rampant ...
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.