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In 1891 the bank, merged with the branch there of Anglo-South American Bank under the name Banco Salvadoreño (Bancosal). The bank came to an agreement with Banco Internacional de El Salvador, which had a 25-year monopoly on note issuance, so that it too could issue notes. The government of El Salvador nationalized the bank in 1980 as part of a ...
BAC Credomatic is a financial group in Central America, with operations in Guatemala, El Salvador, Honduras, Nicaragua (where it was founded and former headquarters in the city of Managua), Costa Rica (current headquarters), Panama, Grand Cayman, The Bahamas, and the United States.
Banco Davivienda El Salvador; C. Central Reserve Bank of El Salvador This page was last edited on 18 January 2020, at 21:06 (UTC). ...
Operations in Peru acquired by Banco de Credito del Peru (Santander returns to Peru in 2007) BankBoston Peruvian operations acquired by Banco de Credito del Peru; Banco de Lima Sudameris Merged with Banco Wiese and rebranded as Banco Wiese Sudameris; NBK Bank; Banco del Pais; Banco Republica; Bancosur
Cheque clearing (or check clearing in American English) or bank clearance is the process of moving cash (or its equivalent) from the bank on which a cheque is drawn to the bank in which it was deposited, usually accompanied by the movement of the cheque to the paying bank, either in the traditional physical paper form or digitally under a cheque truncation system.
On July 1, 1997, Davivienda became Banco Davivienda S.A. and in May 2006, it merged with Banco Superior. In 2006, it purchased Granbanco S.A - Bancafé from the Colombian government for US$2.2 billion, outbidding Banco de Bogotá by US$327 million. [3] The acquisition allowed Davivienda to expand its business in the corporate and agricultural ...
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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.