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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.
Grupo Financiero Banamex S.A. de C.V. has its origins and is the owner of the Banco Nacional de México or Citibanamex (formerly Banamex). It is the second-largest bank in Mexico. The Banamex Financial Group was purchased by Citigroup in August 2001 for $12.5 billion USD. It continues to operate as a Citigroup subsidiary.
San Juan de Nicaragua: Río San Juan: MNSN San Juan de Nicaragua Airport: Siuna: RAAN: MNSI SIU Siuna Airport: Waspam: RAAN: MNWP WSP Waspam Airport: Other airports Alamikamba, Prinzapolka: RAAN: MNAL Alamikamba Airport: El Bluff: RAAN: MNFF El Bluff Airport - closed El Castillo: Río San Juan: MNPA Palcasa Airport: Juigalpa: Chontales: MNHG ...
The Indice de Precios y Cotizaciones (IPC, the general equities index) is the benchmark stock index on the Bolsa. In 2005 the IPC surged 37.8%, to 17,802.71 from 12,917.88, backed by a stronger Mexican economy and lower interest rates.
Cuba and Nicaragua established diplomatic relations on 3 September 1905. [1]During the rule of the Somoza family dictatorship, Nicaragua was hostile to socialist Cuba. [2]: 154 Nonetheless, When Nicaragua's capital Managua was destroyed by an earthquake in 1972, Cuba supplied a disaster relief team to assist in recovery.
National Heroines and Heroes of Nicaragua are promulgated by legal decree of the Nicaraguan Legislature. Those who receive the title are people who were instrumental in helping the country gain its independence, or who worked to maintain the sovereignty and national self-determination of the country. [ 1 ]
The American University (Spanish: Universidad Americana (UAM)) is a private university located in Managua, Nicaragua. It was founded in 1992 and offers undergraduate and graduate degrees in a variety of professional fields including law, medicine, business, and engineering. While most degree programs include English language requirements ...
General elections were held in Nicaragua on 25 February 1990 to elect the President and the members of the National Assembly. [1] The result was a victory for the National Opposition Union (UNO), whose presidential candidate Violeta Chamorro surprisingly defeated incumbent president Daniel Ortega of the Sandinista National Liberation Front (FSLN). [2]