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BANADESA, or the National Bank for Agricultural Development (Spanish: Banco Nacional de Desarrollo Agrícola), is a financial development bank in Honduras.. It is an autonomous institution of the State of Honduras and its aims are to promote development in the country and provide access to credit for entrepreneurs and livestock and cattle farming, among others.
The Central Bank of Honduras (Spanish: Banco Central de Honduras) was established on 1 July 1950. [2] The president of the bank is appointed by President of Honduras for a term of four years. [ 3 ] The current bank president is Rebeca Santos.
The bank was founded on September 1, 1951, in the city of Santa Rosa de Copan, by Manuel Bueso Pineda and Jorge Bueso Arias and previously authorized by the Executive Branch of Honduras on 30 August 1951 by resolution No. 500 of the Secretariat of Finance and Public Credit.
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.
In 2016, Credomatic de México S.A. de C.V., a subsidiary of BAC International Inc., signed a contract to transfer to Banco Invex S.A. its Mexican credit cards business [4] In 2017 the group started to use BAC Credomatic as brand for all their bank and credit card services, using a new modern logo. [citation needed]
Banco Continental was a bank in Honduras founded by Jaime Rosenthal on March 20, 1974, and aimed at commercial and agro-industrial banking, [1] including coffee producers. [2] On October 7. 2015, the United States Department of Justice released a statement saying that Rosenthal, his son Yani Rosenthal and nephew Yankel Rosenthal, as well as seven businesses, were labeled "specially designated ...
Société de Crédit Agricole [9] was created on 23 February 1885 at Salins-les-Bains in the district of Poligny in the Jura region. [8] It was the first of its kind in France. Drawing on this experience to promote lending to small family farms, the Act of 5 November 1894, which had the support of the Minister for Agriculture Jules Méline ...
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.